Anthropic IPO at $2 trillion valuation compared to Amazon despite lower revenue; signals bubble concerns.

So it's just kind of this like circular investing where all of these parties, it doesn't even seem, you know, arms length. And it's like, okay, well, are these valuations realistic when, who knows how durable these revenue streams are, right? And so they're gonna IPO at $2 trillion, okay? If you look at the thumbnail for this video, that puts them at a value, I think equivalent to where Amazon is trading right now. Amazon makes a lot of money, right? Anthropic does not make that much money. So this guy says, this is how the AI bubble ends.