For those who don’t know, Anthropic has an interesting list of investors: - Eric Schmidt (former Google CEO/Chairman), Series A - Sam Bankman-Fried (FTX), lead investor in Series B - Caroline Ellison (FTX), Series B - Google, Series C https://www.crunchbase.com/organization/anthropic/company_fi... ——— Question: why isn’t Anthropic using Google Cloud, given who their past investors include?
The downside to the whole FTX coming good from this bet is SBF will claim his methods were valid!
Amazon will invest up to $4B in Anthropic
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Re: Amazon will invest up to $4B in Anthropic
#232Earlier quoted context omitted.
You didn't say which version of GPT you prefer it over. My experience of Claude hasn't been good at all - I get obvious hallucinations all the time. Whereas I get pretty consistent accurate results with GPT-4. I just tried again now and asked it about HTMX and Django since I had just been reading an article about it. Claude invented a package called `htmx.django` and a decorator that could be imported called `@hx_req…
It won't hallucinate almost anything if you give it the entire documentation for the libraries you want to use. It can ingest many hundreds of pages of documentation without problem. Used like this it is far more powerful than GPT-4 or any existing model.
Re: Amazon will invest up to $4B in Anthropic
#233For those who don’t know, Anthropic has an interesting list of investors: - Eric Schmidt (former Google CEO/Chairman), Series A - Sam Bankman-Fried (FTX), lead investor in Series B - Caroline Ellison (FTX), Series B - Google, Series C https://www.crunchbase.com/organization/anthropic/company_fi... ——— Question: why isn’t Anthropic using Google Cloud, given who their past investors include?
Re: Amazon will invest up to $4B in Anthropic
#234Earlier quoted context omitted.
Please do - not trying to be snarky, just legitimately interested.
each of these are known >$100m opportunities: Generative Text for writing - Jasper AI going 0 to $75m ARR in 2 years Generative Art for non-artists - Midjourney/Stable Diffusion Copilot for knowledge workers - both GitHub’s Copilot X and “Copilot for X” Conversational AI UX - ChatGPT / Bing Chat, with a long tail of Doc QA startups (shameless plug from https://www.latent.space/p/agents )
And laying off a ton of staff in July..... the latest ARR numbers are not nearly as good.
Re: Amazon will invest up to $4B in Anthropic
#235Earlier quoted context omitted.
Stadia existed for a total of 3 years. And downsized significantly after only two. Google cloud (it's earliest form anyway) launched in 2008. It's older than Drive and Photos. In a year or two, there will be Google employees younger than Cloud is.
Google is hiring 15 year olds?
Re: Amazon will invest up to $4B in Anthropic
#236Earlier quoted context omitted.
> aren’t that many killer products You've got to be kidding me. Maybe for text. But what about video training neural nets? I could list killer products for days.
Please do - not trying to be snarky, just legitimately interested.
Plus, it's replacing $$$ humans. 4X the productivity while paying for itself in a few months.
Re: Amazon will invest up to $4B in Anthropic
#237Earlier quoted context omitted.
Please do - not trying to be snarky, just legitimately interested.
each of these are known >$100m opportunities: Generative Text for writing - Jasper AI going 0 to $75m ARR in 2 years Generative Art for non-artists - Midjourney/Stable Diffusion Copilot for knowledge workers - both GitHub’s Copilot X and “Copilot for X” Conversational AI UX - ChatGPT / Bing Chat, with a long tail of Doc QA startups (shameless plug from https://www.latent.space/p/agents )
Re: Amazon will invest up to $4B in Anthropic
#238Looking back we can see how savvy Microsoft was to invest in OpenAI so early
Re: Amazon will invest up to $4B in Anthropic
#239Earlier quoted context omitted.
> Why would an investment ever be "returned"? Because the money used for the investment was stolen.
Let's say for sake of argument the investment by FTX was made at a valuation of $1B and Anthropic is now worth $10B. Could Anthropic now say, "Oh no, that money was stolen, the investment was never valid, we're returning every last cent." and essentially do a huge share buyback at a steep discount to current valuation?
A liquidator will evaluate the assets current market value and try to liquidate them in the most advantageous way for creditors.
Which means: they'll try to get at least the valuation that Anthropic got from the AWS deal. The problem is: they need to find someone willing to buy these shares at this price. If they do so, FTX creditors will be happy.
Re: Amazon will invest up to $4B in Anthropic
#240Earlier quoted context omitted.
The world's greatest engineering talent won't save you if the management is incompetent. Google may yet experience a comeback, but it will start with throwing out the current C-suite.
Hassabis has some pretty serious chops on the leadership side as well as a firm grip on the technology. Him as CEO?