Gavin Baker sketches Anthropic’s pre-IPO ARR cleanup and model-release sequencing

Gavin Baker says Anthropic shifted from gross to net ARR and stripped Meta and Chinese distillation from a $65 billion ARR figure, which he frames as pre-IPO positioning ahead of an expected Meta cutover. He also maps a near-term model cadence (Fable 5.1/5.2, OpenAI Astra, Grok 4.7, Meta Watermelon, ChatGPT 6.1, Gemini 4) into accelerating AI demand, and flags Anthropic CFO Krishna as important for communicating compute mix shifts to public markets. He labels the post as speculation.