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

anthropic.com

181–190 of 476 posts

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

#181
post #28

Earlier quoted context omitted.

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.

> Anthropic's marketing somehow punches hard. Not sure why

The fish rots from the head and marketing depends on being relatable.

https://www.youtube.com/watch?v=qMAg8_yf9zA

Take a scroll through the comments.

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

#182

I wonder how good it is for companies to be allowed to grow so big and still be private? Would it makes sense to require any company with more than a billion dollar valuation to be subject to all the same SEC requirements that public companies are? Could companies be blocked from raising money once the reach a crazy valuation like $1 billion?

there used to be rules that companies must be public if they have other 1000 investors. is this no longer the case?

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

#183

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.

How long is Google going to be able to keep selling search engine ads?

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

#184

Earlier quoted context omitted.

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.

It Is more likely that people are cashing out very liquid assets (tech stocks) to pay back their loans in Yen as interest rates are rising over there. Tech stocks with all the hype are second only to crypto in terms of how easy and fast are to sell (hence BTC dropped and now tech stocks IMHO). Btw, I was too young to fully remember, but wasn't the year before the dot com crash also full of IPOs?

Apparently the last two times the Super Bowl Ads were dominated by Tech companies was 2000 for dotCom and 2022 for Crypto.

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

#185
post #21

How are they not overvalued? At some point OSS will be sufficient for most businesses, what then?

>OSS will be sufficient for most businesses

Only for well defined tasks. There's not really a practical upper bound. We will keep throwing more complex tasks at it to the extent that it can handle them. Like if you just need fancy OCR, then a specific model will probably suffice, but there will be an appetite for human- or superhuman-level intelligence that never gets tired and has no rights.

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

#186

Earlier quoted context omitted.

Sometimes I worry about the incentives for innovation in the US. Step 1, find something to innovate on, sell the promise of it to investors. Step 2, build a prototype or worst case, build it for real and start generating income from your truly innovate and unique product. Step 3, get acquired by a large company and then shut down because your product competed with theirs. End result, general public possibly benefited…

[flagged]

I wonder what makes EU so wealthy to just buy stuff everywhere - maybe it's the export of high-end technologies inaccessible to US and China?

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

#187
post #156

Earlier quoted context omitted.

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It's telling that the measure of quality of life you use in this comment is entirely materialistic in nature. I also challenge the idea that US provides 'access to better medical care', as it is pretty well documented that Americans spend more for lower quality care compared to similar developed countries. I believe this cultural divide is a big reason America won't make it back to the top - insatiable desire for wea…

> I believe this cultural divide is a big reason America won't make it back to the top

What top are you referring to?

We're in a thread about a US company announcing its new $30B fundraise from a group of elite US growth investment funds arguing about whether this company will be able to overthrow the $4T US tech behemoth and suggesting that all the other US tech behemoths are actually stifling progress.

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

#188
post #83

Earlier quoted context omitted.

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.

Google Cloud is good and successful. Except they can't implement billing hard caps, or pretend they can't.

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

#189
post #177

Earlier quoted context omitted.

[flagged]

I have a friend who needs a medication that costs more than 30,000$ a year. Here in Canada it is 100% covered by our government health insurance regime. In the USA he would be bankrupt (or dead). Here in Canada if I have an accident i do not have to worry about being bankrupt if the ambulance brings me to the wrong hospital. I am really not enthusiastic about the so-called superior quality of life some US-ians like t…

> In the USA he would be bankrupt (or dead)

Why? I live in the US. I have the best healthcare coverage in the world. I pay absolutely nothing for it, ever. No matter the cost. And I have access tot he best doctors, innovations, and technology in the world.

Tell me again why your friend would be dead? It sounds like you really have a poor understanding of American health care.

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

#190
post #96

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.

Theoretically Apple can spend just as much. What are the outcomes though? All those giants have their own business that are established and profitable. It’s the new kids in the block that will make the difference. You know those lists on twitter about how many companies US has in top 10 and are presented as a win? Those are actually lists of capital concentrations blocking innovation. It looks like US is winning but…

"but for some reason life is better in EU" citation needed
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