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Anthropic raises $30B in Series G funding at $380B post-money valuation

anthropic.com

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Re: Anthropic raises $30B in Series G funding at $380B post-money valuation

#61

Post by xvector »

dude250711 wrote: post #30
pbreit wrote: post #22

Earlier quoted context omitted.

What was their original mission? My sense is that startup mission statements are ~meaningless. Builders try to build great things that lots of other people will find valuable.

To maximise shareholder value.

They've been very clear about their mission, they're doing more than anyone else when it comes to it, and if you've ever interviewed with them you'd know how critical it is to them.

But I guess it's easier to make a glib comment than look these things up.

Re: Anthropic raises $30B in Series G funding at $380B post-money valuation

#62

Post by bdangubic »

reenorap wrote: post #51

How is Anthropic, OpenAI and xAi going to compete against the likes of Google that can spend $200 billion a year? It’s an impossible war and all these investors are throwing their money into a bottomless insatiable pit of money. Until the funding stops for one reason or another and then everyone loses all their money at once like a star that collapses into a black hole singularity in a femtosecond.

Given the amount money that they are spending for vastly subpar products maybe they need to quadruple their capex

Re: Anthropic raises $30B in Series G funding at $380B post-money valuation

#63

Post by xmprt »

timmmmmmay wrote: post #58
reenorap wrote: post #51

How is Anthropic, OpenAI and xAi going to compete against the likes of Google that can spend $200 billion a year? It’s an impossible war and all these investors are throwing their money into a bottomless insatiable pit of money. Until the funding stops for one reason or another and then everyone loses all their money at once like a star that collapses into a black hole singularity in a femtosecond.

Google fucks up 90% of their products, why do you think Gemini is in the 10%?

Because Google has the money to build 10 different versions/iterations of Gemini and can essentially force one to work. They have most people's data and most people use them for mail/search/browser/maps as well.

In my opinion though this is a race to the bottom rather than a winner takes all situation so I don't think anyone is coming out ahead once the dust settles.

Re: Anthropic raises $30B in Series G funding at $380B post-money valuation

#64

Post by p1esk »

serfo022 wrote: post #53
candiddevmike wrote: post #43

Earlier quoted context omitted.

If your thesis was correct, why wouldn't some of those "outflows" go to GOOG or NVDA?

[dead]

That’s harsh! But the alternative is to discuss economic theories on reddit.

Re: Anthropic raises $30B in Series G funding at $380B post-money valuation

#65

Post by bdangubic »

noupdates wrote: post #54
candiddevmike wrote: post #43

Earlier quoted context omitted.

If your thesis was correct, why wouldn't some of those "outflows" go to GOOG or NVDA?

They would. You can see how resilient GOOG has been during this recent draw-down, and how much growth it has had even as AI sells off.

AI sells off… if this is a selloff than I see what everyone is talking about when they are saying we in a bubble :)

Re: Anthropic raises $30B in Series G funding at $380B post-money valuation

#66

Post by stonogo »

DANmode wrote: post #6
cube00 wrote: post #4

Anthropic is the clear category leader in enterprise AI Citation needed.

Microsoft engineers use their offerings over OpenAI - their partner. That isn’t nothing.

It is approximately nothing, since lots of MS engineers use Apple products too.

Re: Anthropic raises $30B in Series G funding at $380B post-money valuation

#67

Post by sobkas »

johntiger1 wrote: post #60
reenorap wrote: post #51

How is Anthropic, OpenAI and xAi going to compete against the likes of Google that can spend $200 billion a year? It’s an impossible war and all these investors are throwing their money into a bottomless insatiable pit of money. Until the funding stops for one reason or another and then everyone loses all their money at once like a star that collapses into a black hole singularity in a femtosecond.

Google's only focus isn't on Gemini. Anthropic is do-or-die

Also Theranos was do-or-die and we know how it ended.

Re: Anthropic raises $30B in Series G funding at $380B post-money valuation

#68

Post by vessenes »

dude250711 wrote: post #30
pbreit wrote: post #22

Earlier quoted context omitted.

What was their original mission? My sense is that startup mission statements are ~meaningless. Builders try to build great things that lots of other people will find valuable.

To maximise shareholder value.

It's a benefit corp

Re: Anthropic raises $30B in Series G funding at $380B post-money valuation

#70

Post by kingkawn »

xmprt wrote: post #63
timmmmmmay wrote: post #58

Earlier quoted context omitted.

Google fucks up 90% of their products, why do you think Gemini is in the 10%?

Because Google has the money to build 10 different versions/iterations of Gemini and can essentially force one to work. They have most people's data and most people use them for mail/search/browser/maps as well. In my opinion though this is a race to the bottom rather than a winner takes all situation so I don't think anyone is coming out ahead once the dust settles.

This was the same argument made for Google Wave and Google+ and both completely tanked
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