Anthropic — Blitz Index 53–69 (C–B)Private
$518B of compute contracts — both fuel and fixed cost.
Last re-scored: October 15, 2026.
Confidence: Low · Category: unlisted
Score breakdown
| Section | Score | Detail |
|---|---|---|
| A · Speed | 20–23 / 25 | Run-rate $0.087B → $65B in 30 months (reported); 2025 recognized revenue ~$4.6B |
| B · Moat | 35–41 / 60 | 300k business customers · 8 of Fortune 10 (reported); AWS primary partner; Claude Code $2.5B run-rate |
| C · Creative destruction | 10–13 / 15 | Displacing incumbent AI assistants / enterprise AI spend; AI coding category leader |
| D · BlitzFailing | −8 ~ −12 | ⚠️ $518B non-cancelable compute commitments (80% pay-or-owe); founder super-voting; Bartz $1.5B settled + Sony/Warner ongoing |
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Radar axes (0–100): Moat 58–68 · Speed 80–92 · Creative 67–87.
Watch item
Gates: G1 ✓ estimated (press-reported demand) · G2 estimated. The 65-point line sits inside the range — same structure as OpenAI (51–68).
Strengths
- IPO execution (~$2T target, reported)
- Run-rate → recognized revenue conversion
- Q3 GAAP profitability reports
Concerns
- Run-rate vs recognized gap (20×+)
- Commitments become fixed cost if demand turns
- Governance concentration
More Unlisted companies
Other Unlisted names on the Blitz Index, highest score first: Anduril Industries (52–72/C–B), OpenAI (51–68/C–B).
Next earnings
Not announced.
Coverage
Anthropic · private company — all figures press-reported · low confidence · Score 53–69
BlitzLab scores businesses against a scholar’s standard — not investment advice. No price targets, no buy/sell recommendations. Figures are from SEC filings (XBRL) as labeled in the source scorecard.