Invest Like the Best with Patrick O'Shaughnessy · Tuesday, August 4, 2026
Gavin Baker suggests that the market lacks visibility into the financial performance of private AI companies like OpenAI and Anthropic. He believes Anthropic is likely generating significant free cash flow.
“And I do think a big part of the problem is one, the market does not have visibility into Anthropic or OpenAI”
“And Anthropic continues to grow really strongly and is almost certainly pumping out significant amounts of free cash flow.”