$14B revenue run rate is the interesting number here.
Anthropic raises $30B in Series G funding at $380B post-money valuation
41–50 of 476 posts
Re: Anthropic raises $30B in Series G funding at $380B post-money valuation
#42How are they not overvalued? At some point OSS will be sufficient for most businesses, what then?
These companies are spending billions on custom datasets for a gazillion of valuable tasks and are clamping down on exfil for distillation. It's not guaranteed open source models will continue to keep pace.
And yet open models have been tailing closer lately?
Re: Anthropic raises $30B in Series G funding at $380B post-money valuation
#43Earlier quoted context omitted.
Next year 140 billion the following year 1.4 trillion, 14 trillion the year after that?
Pay attention to the outflow of tech investment in the stock market. That money is going to move into OpenAI and Anthropic IPOs. The valuations will be as big you are thinking because the market believes these companies will represent an entire basket of startups.
If your thesis was correct, why wouldn't some of those "outflows" go to GOOG or NVDA?
Re: Anthropic raises $30B in Series G funding at $380B post-money valuation
#44How are they not overvalued? At some point OSS will be sufficient for most businesses, what then?
They’ll become commodity AI compute providers while training and selling premium foundation models.
Re: Anthropic raises $30B in Series G funding at $380B post-money valuation
#45Absolutely wild valuation given their lack of a moat isn't it?
At least from the software engineer pleb perspective, their moat is that their tools seem to work well more often than not. I wasn't comfortable with the idea of using GitHub CoPilot as our GenAI solution at work, and apparently that was a widespread feeling, because we switched to Claude Code, and it's been a relatively smooth transition from manual coding to GenAI agentic loops.
Re: Anthropic raises $30B in Series G funding at $380B post-money valuation
#46Absolutely wild valuation given their lack of a moat isn't it?
Microsoft is deeply entwined in OpenAI and has obvious reasons to dogfood, yet their people are using Anthropic solutions. Valuation behemoth OpenAI has been forced by the market to use Anthropic standards a couple times, having no comparable solutions of their own. … I can see it.
Anthropic's marketing somehow punches hard. Not sure why, but the stuff they do sticks. Not because the products are great, but because the way they communicate about it gives people the right feeling. They do have legitimately the best coding model now for most tasks, and for narrative prose, but the marketing stuck and people stan'd them even when they were trailing.
Re: Anthropic raises $30B in Series G funding at $380B post-money valuation
#47Earlier quoted context omitted.
Next year 140 billion the following year 1.4 trillion, 14 trillion the year after that?
Pay attention to the outflow of tech investment in the stock market. That money is going to move into OpenAI and Anthropic IPOs. The valuations will be as big you are thinking because the market believes these companies will represent an entire basket of startups.
And why would anyone participate in their IPOs? They would be crazily overvalued, like Figma or worse.
Re: Anthropic raises $30B in Series G funding at $380B post-money valuation
#48Oh dang, no wonder they’re auto coding so much garbage in public (crap c compiler, crap browser, crap salesforce).
Re: Anthropic raises $30B in Series G funding at $380B post-money valuation
#49Soon we will lack letters for funding rounds!
They could stop at F and treat it as hexadecimal by adding digits: Series 4F, etc
Re: Anthropic raises $30B in Series G funding at $380B post-money valuation
#50How are they not overvalued? At some point OSS will be sufficient for most businesses, what then?
These companies are spending billions on custom datasets for a gazillion of valuable tasks and are clamping down on exfil for distillation. It's not guaranteed open source models will continue to keep pace.
China might purchase the data and train their models just to make the AI bubble pop. A few billions to throw a wrench in your competing superpower economy might be totally worth it