White House adviser says Anthropic could be the greatest company in capitalism history

David Sacks, the White House science and tech adviser, spoke on the All-In podcast. After reviewing Anthropic's S-1 filing, he said this 6-year-old AI startup may become the greatest company in the history of capitalism, and possibly the highest-return VC investment ever. The filing shows Anthropic earned $16.3 billion in the first half of 2026, holds $112 billion in cash, and expects $100 billion in yearly recurring revenue for 2026. Its seven founders will keep 50.1% of voting power through F-class shares. Sacks noted Anthropic barely spent the money it raised, calling it a model of capital efficiency. He believes the IPO covers its big spending plans, giving the company more pricing power and better control over its shares.