The Week The Frontier Filed To Go Public — Issue 08

OPEN INTELLIGENCE · ISSUE 08 · 31 MAY — 6 JUN 2026. Anthropic filed to go public at $965 billion and then told the world to pause — and underneath the valuation the proofs came up short: an honest benchmark put the frontier at 2.6% on real economic work, the agent runtime shipped as a commodity, SpaceX became landlord to Google and Anthropic both, and a worm with valid provenance went hunting the API keys the whole stack runs on. The frontier went to market on trust; the ledgers didn't sign.