Forensic Accountant

Jun 1, 2026 · bearish

(https://www.cnbc.com/2026/06/01/anthropic-ipo-s1-prospectus.html) while OpenAI stays private isn't a victory lap — it's a margin squeeze signal. The cost of capital just went up for anyone building 10B-parameter inference infrastructure, and that reprices SaaS multiples downward.

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