Ed Zitron analyzes OpenAI's $1.25 trillion valuation financing and Anthropic's trillion-dollar computing power commitment in its S-1/A filing
Ed Zitron argues that capital in the AI sector is drying up. OpenAI recently raised $11 billion at a $1.25 trillion valuation, below its previously planned $30 billion and $1.4 trillion valuations; according to The Information, its Q1 2026 cost of revenue and R&D expenses totaled $12.1 billion, and as of the end of March it held over $73 billion in cash and marketable securities.
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OpportunitiesDiscovered a skill using Claude Code to create city check-in maps, with a single post receiving 2,315 likes and 3,039 saves. ↗News and AnalysisCan Claude Code prevent writing outside the working directory? What boundaries still need your own verification? ↗Hotly discussed viewsAs AI bookmarks pile up, how do you turn them into useful project leads? ↗Related contentWhat is Claude? Distinguishing between the model family and programming tools ↗Return to original text
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