White house science advisor predicts Anthropic could become one of the most successful companies in history

On November 1, 2026, David Oliver Sacks, Chair of the U.S. White House Science and Technology Advisory Council, praised Anthropic during an appearance on the All-In podcast, calling the AI startup one of the most successful companies in capitalist history. Anthropic's S-1 filing revealed that the company generated $16.3 billion in revenue for the first half of 2026, held $112 billion in cash, and projected $100 billion in annual recurring revenue for the full year. The company's seven founders will retain 50.1% voting power through F-class stock issuance. Sacks argued that Anthropic's financial strength, with over $100 billion in cash, makes it a model of capital efficiency. He dismissed concerns about its future capital expenditures, stating that the IPO provides the necessary funding to support all planned investments. He also noted that the IPO would allow Anthropic to raise less capital, giving it more control over stock issuance and pricing. 'This could be the highest-return venture investment in history,' Sacks said, emphasizing the company's potential for rapid value creation.