Anthropic, the AI company behind the Claude chatbot, filed Sunday to go public on the Nasdaq under the ticker 'ANT,' joining a wave of artificial intelligence firms rushing to cash in on investor enthusiasm before regulators or market skeptics catch up. The filing reveals a staggering disconnect at the heart of the AI boom: $16.3 billion in first-half 2026 revenue paired with an $80.7 billion net loss, a gap that underscores how deeply the industry's growth is being subsidized by speculative capital rather than sustainable business fundamals. Critics of Silicon Valley's 'grow now, profit later' playbook will likely point to the filing as evidence that even the most hyped AI companies remain years away from profitability, raising questions about who ultimately absorbs the risk when ordinary shareholders buy in. As Anthropic prepares its Nasdaq debut, the IPO is expected to draw fresh scrutiny over AI valuations, labor displacement concerns, and whether Wall Street's appetite for the technology is outpacing its actual economic return.