Anthropic S-1 Shocker, Greatest Business Ever? Google’s $500B Wipeout, Midterm Predictions
All-In hosts Jason Calacanis, David Sacks, Chamath Palihapitiya and David Friedberg ask whether Anthropic's S-1 reveals the greatest business ever, then cover Google's $500 billion earnings drop and their midterm election predictions.
The gist
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Anthropic's S-1 shows $16.3 billion in first-half 2026 revenue, up 14x, and Sacks says the reported $80 billion loss is a non-cash accounting artifact.
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Friedberg notes customers spending $100,000 or more jumped from 200 to 11,900 since late 2024, and says his team gets real productivity from Claude.
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Chamath says data centers and power are Anthropic's biggest risk, and that AI companies' borrowing through 2027 equals 30% of planned Treasury issuance.
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Google lost about $500 billion in market cap, but Sacks notes search still grew 12% to $63 billion while Google Cloud doubled to $30.7 billion.
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Calacanis trusts Polymarket's 68% odds of Democrats taking the Senate and 92% for the House, while Sacks says polls and prediction markets are often wrong.
"I'm a user of Claude. I think we get a lot of value for Claude. I think our people are able to do more because of Claude than they would otherwise be able to do. So our business grows faster, we can get more done in a shorter period of time. I think I tangibly experience that ..."
▶ Play at 15:56250 creators recommend it, including Riley Brown, Chris Koerner, and This Week in Startups.
See all on the Claude page"I agree the polling data has been suspect for a long time now across many elections... but I do trust Polymarket. I think when you look at the Polymarket, pretty clear what's going to happen here."
▶ Play at 1:18:153 creators recommend it, including All-In Podcast and This Week in Startups.
See all on the Polymarket pageWhat they recommend · 2 picks
"I'm a user of Claude. I think we get a lot of value for Claude. I think our people are able to do more because of Claude than they would otherwise be able to do. So our business..."
"I agree the polling data has been suspect for a long time now across many elections... but I do trust Polymarket. I think when you look at the Polymarket, pretty clear what's go..."
David Friedberg
1 pick
"I'm a user of Claude. I think we get a lot of value for Claude. I think our people are able to do more because of Claude than they would otherwise be able to do. So our business..."
Jason Calacanis
1 pick
"I agree the polling data has been suspect for a long time now across many elections... but I do trust Polymarket. I think when you look at the Polymarket, pretty clear what's go..."
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