Ask Jorge.
Good morning, entrepreneurs.
Big week. Anthropic confidentially filed for an IPO targeting October 2026 at a near-trillion-dollar valuation, and the numbers behind it are worth understanding. In Build with AI, I'll walk you through how to use NotebookLM to turn any document or research file into a podcast-style audio brief you can actually listen to on the go. And in the Quick Win, one simple settings change that stops you from re-explaining your business to your AI tools every single time you open them.
Jorge’s Rundown:
Anthropic filed confidentially for an October 2026 IPO at a $965 billion valuation after growing revenue 30x in 16 months.
How to turn any document into a ready-to-listen audio brief in under five minutes using NotebookLM.
One settings change that gives every AI tool you use the context it needs without you having to repeat yourself.
This Week in AI:
Anthropic filed for a near-trillion-dollar IPO. Here's what the numbers actually say.
Anthropic submitted a confidential draft S-1 registration statement with the SEC on June 1, 2026, kicking off what could be one of the largest public market debuts in stock market history. The filing targets an October 2026 Nasdaq listing with Goldman Sachs, JPMorgan, and Morgan Stanley leading the offering, which is expected to raise more than $60 billion. The valuation sits at $965 billion, following a $65 billion Series H funding round in May.
The details:
Revenue hit a $47 billion annualized run-rate in May 2026, up from $9 billion in January. That is 5x growth in five months.
Revenue grew 10x annually for three consecutive years. The company has 500+ enterprise customers spending more than $1 million annually, and counts 8 of the Fortune 10 as clients.
Compute spend this year is approximately $19 billion. Gross margin sits around 40%, with a target of 77% by 2028. Profitability is not expected until 2028.
Anthropic moved above OpenAI in valuation for the first time. OpenAI is reportedly preparing its own confidential IPO filing in the coming weeks.
An IPO would provide the first concrete look at Anthropic's financials, at a time when questions about an AI bubble are getting louder.
Why it matters: The numbers are extraordinary, but they come with a significant asterisk. A $965 billion valuation on a company that is still unprofitable, spending $19 billion per year on compute, and facing a direct competitor filing its own IPO simultaneously is a lot to ask of public markets. For business owners, what matters most is not the stock price. It is what this filing confirms: AI is no longer a startup story. The tools you are using are being built by companies operating at a scale that rivals the largest businesses on earth. That is a signal about where this is all going, and how serious the infrastructure behind it actually is.
Also this week:
Colorado's original AI Act is essentially dead after a federal judge stayed enforcement and a replacement law signed in May significantly scaled back the requirements, shifting from a broad risk management framework to a narrower notice-and-transparency model.
ChatGPT surpassed one billion monthly active users, confirming AI assistants have crossed into mainstream daily use for personal and professional tasks.
Gemini 3.5 Pro is expected to launch in the next two weeks, with a confirmed 2 million token context window and a Deep Think reasoning mode.
Jorge’s Summary:
Anthropic confidentially filed for an IPO targeting October 2026 at a $965 billion valuation, following a $65 billion Series H funding round. Revenue grew 5x in five months to reach a $47 billion annualized run-rate, though the company remains unprofitable and is spending roughly $19 billion a year on compute. The filing puts Anthropic ahead of OpenAI in valuation for the first time, with OpenAI expected to file its own IPO shortly. For business owners, the key takeaway is that the AI tools they rely on are now backed by infrastructure at a scale that signals long-term staying power.
Build with AI:
Turn any document into an audio brief you can listen to on the go.
If you have research, reports, or PDFs piling up that you never actually get around to reading, this converts them into a 10-15 minute podcast-style conversation you can absorb while commuting, walking, or doing anything else.
Go to notebooklm.google.com and sign in with a Google account. It is free.
Click New Notebook and upload your source material. This can be a PDF, a Google Doc, a website URL, or copied text. Up to 50 sources per notebook.
Once your sources are loaded, click Notebook Guide in the top right panel.
Under Audio Overview, click Customize. Choose a format: Deep Dive for a thorough exploration, Brief for a short summary, or Critique if you want the AI hosts to push back on the content.
In the "What should the hosts focus on?" field, add: "Summarize the key business implications and any actions a solo business owner could take based on this material."Click Generate. The audio takes 2-5 minutes to produce and appears as a playable track in the panel.
Click the three-dot menu next to the player and hit Download to save the file. Play it anywhere.
Pro tip: For weekly research or news roundups, create one notebook and keep adding sources throughout the week. Generate the audio on Friday and use it as your weekly catch-up.
Jorge’s Summary:
This week's Build with AI section covers how to use Google's NotebookLM to turn documents, PDFs, and research files into a podcast-style audio brief in under five minutes. The tool is free, requires no technical setup, and produces a downloadable audio file you can listen to anywhere. A custom instruction added before generation keeps the output focused on business implications rather than surface-level summaries.
Jorge’s Quick Win:
How to stop re-explaining your business to AI every single session
Most business owners start every AI session from scratch. Open the tool, describe the context, explain the business, then finally ask the question. That setup time adds up.
Try this:
Open ChatGPT and go to Settings, then Personalisation, then Custom Instructions. In Claude, go to your profile and find User Preferences.
Write 4-6 sentences covering: what your business does, who your clients are, your preferred tone, and one or two things you never want in AI output (e.g. bullet points, formal language, emojis).
Save it. Then open a fresh chat and ask for something you normally use AI for. It has context from the first word without you providing any.
One setup. Every session from here starts with context already loaded.
Jorge’s Summary:
This week's Quick Win covers the custom instructions settings in ChatGPT and Claude, which let you pre-load your business context so you never have to re-explain it at the start of a session. The setup takes about five minutes and applies automatically to every new chat you open. The result is outputs that feel tailored from the first line rather than generic.
