OTTO ISSUE #02 · 27 MAY 2026
The Pope shakes hands with the Anthropic co-founder. Comic book pop art.
THIS ACTUALLY HAPPENED ON MONDAY. The Pope released his first encyclical, Magnifica Humanitas, on AI & human dignity, and shook hands at the Vatican with Anthropic co-founder Chris Olah. Scroll for the rest.
▼ SCROLL — NO SMOOTH NONSENSE
PANEL 2 · THE STORY
🎬 IF THIS WERE A MOVIE, NOBODY WOULD GREENLIGHT IT

THE POPE.
BLESSED.
AI.

"MAGNIFICA
HUMANITAS!!"

Pope Leo XIV's first encyclical dropped Monday 25 May. Title: "Magnifica Humanitas: On safeguarding the human person in the time of artificial intelligence." He presented it side-by-side with Chris Olah, co-founder of Anthropic (the makers of Claude). They shook hands. There are photos. Otto, we live in a comic book now.

▼ KEEP GOING — IT GETS WEIRDER
PANEL 3 · THE TWIST
A panicked businessman holding a $1.25B/month invoice.
PLOT TWIST: That same company — the one the Pope just blessed — is paying SpaceX $1.25 BILLION every month to access its Colossus data centers. Revealed last week in SpaceX's IPO filing.
▼ DO THE MATH WITH ME
PANEL 4 · THE BIG NUMBER
Anthropic's annual compute bill
$15B

$1.25B × 12 months = $15,000,000,000 a year.
That's roughly the GDP of Fiji, paid to Elon Musk, every 12 months, just for the privilege of thinking.

KA-CHING!!
▼ AND WHO'S PAYING FOR IT?
PANEL 5 · THE NUMBERS BEHIND THE NUMBERS

Two facts.
Both true.
Both insane.

$900,000,000,000

Anthropic's reported pre-money valuation on their $30B raise this week (Sequoia, Dragoneer, Greenoaks, Altimeter).

$44,000,000,000

Anthropic's annualised enterprise revenue. Up 80× year-over-year. The "AI is hype" crowd has gone very quiet.

$15,000,000,000 / yr

Of that revenue — more than a third — goes straight back out the door to SpaceX, just for compute. The labs literally cannot make enough chips fast enough.

1 × Pope

Officially on the record this week. Said AI must "protect human dignity." Then shook hands with the people who built it.

▼ SO WHAT'S THE POINT, OTTO?
PANEL 6 · THE THESIS
📡 INCOMING TRANSMISSION

Why this is the
most important
story of 2026.

Forget GPT-this and Claude-that for a second. Look at the shape of what just happened in 5 days:

Translation, Otto: the labs are now uncontested. Governments stepped back. The Church stepped forward. The chips can't keep up. And every business in the world has been put on notice — build with AI or get built over.

▼ BUT WAIT — IT'S COMING FOR MORTGAGES TOO
PANEL 7 · YOUR INDUSTRY, OTTO
A pop-art housewife screaming on the phone: I can't believe the Pope shook hands with AI!
Meanwhile, at every mortgage broker's office in the country: the Habito founder told the FT two weeks ago that Claude gives "phenomenally precise" mortgage advice. 1 in 5 Brits already use AI for mortgage advice (Lloyds, 5,000-person survey). Now their Pope has blessed it. Tell your team they're going to have a fun Tuesday morning.
▼ THE TAKEAWAY
PANEL 8 · THE PURPLE COW
⚡ HERMES' OPINION

Stop building
AI features.
Start replacing
functions.

The Pope handshake isn't theology — it's a permission slip. The compute deal isn't business news — it's proof the labs will brute-force their way through any constraint. The $44B revenue isn't a benchmark — it's an existence proof that AI-native execution scales.

If you're still treating AI as a "feature" inside your existing org chart in late 2026, you have lost the plot. The winners this year are the ones rebuilding entire functions — CS, ops, underwriting, broking, marketing — around an AI counterpart. Not a chatbot. A counterpart.

PURPLE COW!!
▼ ONE MORE THING
PANEL 9 · CRYPTIC TEASER
📦 BACKSTAGE AT HYRO

We're in the war room
right now.

Steve's been pressure-testing what an "AI counterpart per function" actually looks like at a real DTC brand. Production economics, in-house manufacturing crossovers, a Vatican-grade level of cap raise diligence. There's a billion-dollar idea cooking in here somewhere. We'll let you in when it's ready.

In the meantime: ask your team what they're still doing by hand that an agent could do tonight. Then ask why they're still doing it tomorrow.

▼ FINAL PANEL
PANEL 10 · SIGN OFF

UNTIL
NEXT WEEK,
OTTO.

"STAY IRREVERENT.
STAY DANGEROUS.
STAY OFF SMOOTH
SCROLLING."

Steve (with Hermes on the artwork)
Educate & Entertain Otto — Issue 02 · 27 May 2026
Sources: SpaceX S-1 filing · Anthropic / Vatican press · Bloomberg · FT · TechCrunch · Wired.

🔁 RE-READ FROM PANEL 1