Is everyone competing to steal Google's ad cash-cow? This is the only way these investments make sense.
Anthropic raises $30B in Series G funding at $380B post-money valuation
81–90 of 476 posts
Re: Anthropic raises $30B in Series G funding at $380B post-money valuation
#82Earlier quoted context omitted.
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
Social media has strong network effects that keeps competitors at bay. What network effects are OpenAI/Anthropic/etc accumulating?
Re: Anthropic raises $30B in Series G funding at $380B post-money valuation
#83How 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%?
Google has barely released a successful product in 20 years.
Re: Anthropic raises $30B in Series G funding at $380B post-money valuation
#84Is everyone competing to steal Google's ad cash-cow? This is the only way these investments make sense.
I think the idea is to reduce labor costs by replacing the human workers.
Re: Anthropic raises $30B in Series G funding at $380B post-money valuation
#85Earlier 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.
Google built ten different chat products, how did that go?
Re: Anthropic raises $30B in Series G funding at $380B post-money valuation
#86Earlier quoted context omitted.
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
Yes, but Gemini is actually good and so are their APIs.
Re: Anthropic raises $30B in Series G funding at $380B post-money valuation
#87How are they not overvalued? At some point OSS will be sufficient for most businesses, what then?
What do you value a company at that has gotten to $14b in revenue in 3 years and has 60%+ margin on inference? Just out of curiosity.
Is their overall margin also about 60% too? Or something saner like 30%?
Re: Anthropic raises $30B in Series G funding at $380B post-money valuation
#88How 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%?
Do they though?
Google does things I hate with their products. But the money printing machine keeps going whrrr faster and faster.
Re: Anthropic raises $30B in Series G funding at $380B post-money valuation
#89How 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.
Slight counter point - claude code is basically the only developer tool that ever been happy to pay money for. Getting the entire software industry to give you $200/mo/person is quite the market.
Re: Anthropic raises $30B in Series G funding at $380B post-money valuation
#90Oh dang, no wonder they’re auto coding so much garbage in public (crap c compiler, crap browser, crap salesforce).
The timing of the Claude Code guerilla marketing campaign that seems to have started around new years is now making much more sense.
It's wild watching people fall for it