Earlier quoted context omitted.
This is the fastest-growing company by revenue, jumping from $1B to $3B in just five months. Hitting $10B is only a matter of time, which would put its valuation at a reasonable ~18x sales multiple. It doesn't even matter where we are in the AI hype cycle - AI adoption will keep increasing, it's not even a question at this point. From a technical perspective, they manage to attract top talent - Google / OpenAI lose a…
My baby grew from 9 pounds to 18 pounds in a 3 months! Hitting 10000 lbs is only a matter of time.
Anthropic raises $13B Series F
381–390 of 661 posts
Re: Anthropic raises $13B Series F
#382Earlier quoted context omitted.
If it was worth it, you'd see some easy self hostable package, no? And by definition, its profitable to self host or these AI companies are in trouble.
Does your "self hostable package" come with its own electric substation?
You're saying that's needed for inference?
Re: Anthropic raises $13B Series F
#383Earlier quoted context omitted.
in some jurisdictions generating a swastika or a hammer and sickle is illegal. that said, I'm sure you can imagine that the really illegal, truly, positively sickening and immoral stuff is children-adjacent and you can be 100% sure there are sociopaths doing training runs for the broken people who'll buy the weights.
Is it illegal to use mspaint to generate similar vile things?
Not in the United States, but it is illegal in some jurisdictions.
Additionally, the entire "payment processors leaning on Steam" thing shows that it might be very difficult to monetize a model that's known for generating extremely controversial content. Without monetization, it would be hard for any company to support the training (and potential release) of an unshackled enterprise-grade model.
Re: Anthropic raises $13B Series F
#384Earlier quoted context omitted.
If it was worth it, you'd see some easy self hostable package, no? And by definition, its profitable to self host or these AI companies are in trouble.
I think this misunderstands the scale of these models. And honestly I don't think a lot of these companies would turn a profit on pure utility -- the electric and water company doesn't advertise like these groups do; I think that probably means something.
What's the scale for inference? Is it truly that immense? Can you ballpark what you think would make such a thing impossible?
> the electric and water company doesn't advertise like these groups do
I'm trying to understand what you mean here. In the US these utilities usually operate in a monopoly so there's no point in advertising. Cell service has plenty of advertising though.
Re: Anthropic raises $13B Series F
#385Earlier quoted context omitted.
While decoding your comment I'm going to assume Sasquatch to be a semi-underground (no web site, only calls) un-startup that specializes in survival kits for people leaving civilization behind. Like calling the vacuum repair store but more hippie themed.
That'll do :) edit: I assure you, there will still be a van
Solar powered e-van? I found this now: https://soleva.org
Re: Anthropic raises $13B Series F
#386So many negative comments here! The fact that one of the top players in a new market segment with significant growth potential can raise $13B at a 20x revenue valuation is not the bubble indicator you think it is.
It's at least possible that the investment pays off. These investors almost certainly aren't insane or stupid.
We may still be in a bubble, but before you declare money doesn't mean anything any more and start buying put options I'd probably look for more compelling evidence than this.
Re: Anthropic raises $13B Series F
#387Earlier quoted context omitted.
If you know of other SBFs, please name them so that we can call for their investigation and prosecution.
One doesn't need to go more than 2 feet into the mire of meme coins before finding the detritus of 6000000 rug pulls. Just that these guys never get prosecuted.
Yeah, but they're not playing with institutional money. They're not messing with people that have world-leaders on speed dial. Crypto gets away with what it does because when you enter an explicitly laissez-faire side of life, expect people to act laissez-faire. The rest is fraud/laundering/illicit activity tracking, which is why KYC requirements were passed right on schedule.
Re: Anthropic raises $13B Series F
#388Earlier quoted context omitted.
And unfortunately, the amount of money being thrown around means that when the bottom falls out and its revealed that the emperor has no clothes, the implosion is going to impact all of us. It's going to rock the market like we've never seen before.
Why is this downvoted when it's spot on.. if reality < expectations so much money is sitting on extremely quickly depreciating assets. It will be bad. Risk is to the downside.
Being critical of AI companies on Hacker News is pretty tough these days. Either the majority of people are all-in and want to bury their heads in the sand to the real dangers and risks (economical, psychological, etc) or there's just lots of astroturfing going on.
Re: Anthropic raises $13B Series F
#389Earlier quoted context omitted.
C-suite is pushing business adoption, and those GenAI projects of which 95% are failing.
The other side of it is lots of users are willingly purchasing the subscription without any need of push.
Sure - there are use cases for LLMs that work, and use cases that don't.
I think those actually using "AI" have a lot better idea of which are which than the C-suite folk.
Re: Anthropic raises $13B Series F
#390Earlier quoted context omitted.
alphabet is "worth" 2.45 trillion on the public market, is anthropic worth a bit less than 10% of google going forward? I don't think that's entirely unreasonable...
Alphabet 2024 revenue: 350 billions dollars Anthropic 2024 revenue: 1 billion dollars Unreasonable doesn’t even start to capture it. Anthropic being worth 10% of Alphabet is beyond insane.
Someone mentioned their projected ARR for 2025 is 9b. Which makes sense intuitively looking at how much I spent with them this year. So the valuation looks a bit more sane with those numbers.