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Google plans to invest up to $40B in Anthropic

bloomberg.com

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Re: Google plans to invest up to $40B in Anthropic

#21

Post by JumpCrisscross »

danielbln wrote: post #15
JumpCrisscross wrote: post #14

It’s pretty wild how badly Altman siding with Hegseth has backfired. (And how competently Dario has played his hand.) I don’t think that’s the ultimate cause of the turnaround in fortunes. But it strikes me, at least from the investor and potentially urban-consumer perspectives, as a pivotal moment in both companies’ fortunes.

Alphabet makes $30 billion profit per quarter.

> Alphabet makes $30 billion profit per quarter

Sure. Neither OpenAI or Anthropic do. Amazon and Google have followed institutional investors bidding up Anthropic over OpenAI in private markets, all of which—I suspect—followed user-pattern shifts following the fiasco. (Well, fiascos. Altman is a host unto himself.)

Re: Google plans to invest up to $40B in Anthropic

#22

Post by JumpCrisscross »

sourcegrift wrote: post #20
JumpCrisscross wrote: post #14

It’s pretty wild how badly Altman siding with Hegseth has backfired. (And how competently Dario has played his hand.) I don’t think that’s the ultimate cause of the turnaround in fortunes. But it strikes me, at least from the investor and potentially urban-consumer perspectives, as a pivotal moment in both companies’ fortunes.

[flagged]

> your TDS

Wat?

Re: Google plans to invest up to $40B in Anthropic

#23

Post by themafia »

JumpCrisscross wrote: post #22
sourcegrift wrote: post #20

Earlier quoted context omitted.

[flagged]

> your TDS Wat?

Hegseth represents existing military priorities. The original comment presents the issue as if it's isolated to a single administrator.

It wouldn't call it TDS but it does project a severe political blind spot.

Re: Google plans to invest up to $40B in Anthropic

#24

Post by bmurphy1976 »

palmotea wrote: post #7
spindump8930 wrote: post #4

Hopefully this money means more compute infrastructure to help Anthropic counter the efficiency changes that have created this perceived downtrend in claude quality.

The puzzling thing is why Google would try to help with that. Aren't they competitors? Wouldn't they want their competitor to have problems? It's more understanding for Amazon or Microsoft to make such an investment, because they're not as competitive in the model space.

There's always three:

   Google buys Anthropic.
   Microsoft buys Open AI (or vice versa depending on how things go).
   SpaceGrok buys Cursor, limps along in 3rd place.
   Meta is the last man standing, get's stuck with Oracle, dies.
And then hopefully some open source models save us from this nightmare before China commadatises everything.

Edit: I forgot Amazon. Who knows what they will do. They're the wildcard anyway.

Re: Google plans to invest up to $40B in Anthropic

#25

Post by gigatexal »

"The Alphabet subsidiary is committing to invest $10 billion now, at a $350 billion valuation for Anthropic, with another $30 billion to follow if Anthropic hits certain performance targets, according to Anthropic."

this is insane. on the secondary market the valuation is 2-3x that. what gives?

Re: Google plans to invest up to $40B in Anthropic

#26

Post by tomrod »

JumpCrisscross wrote: post #14

It’s pretty wild how badly Altman siding with Hegseth has backfired. (And how competently Dario has played his hand.) I don’t think that’s the ultimate cause of the turnaround in fortunes. But it strikes me, at least from the investor and potentially urban-consumer perspectives, as a pivotal moment in both companies’ fortunes.

It was enough for me to dig much deeper into OpenAI, where before we almost exclusively used them for services with any form of SLA.

Re: Google plans to invest up to $40B in Anthropic

#27

Post by kubb »

sevenzero wrote: post #16
danielbln wrote: post #15

Earlier quoted context omitted.

Alphabet makes $30 billion profit per quarter.

Which means they can allow themselves to blast money left and right? Its still a big investment.

they can't allow themselves NOT to blast money left and right

Re: Google plans to invest up to $40B in Anthropic

#29

Post by pjl0 »

JumpCrisscross wrote: post #22
sourcegrift wrote: post #20

Earlier quoted context omitted.

[flagged]

> your TDS Wat?

DESPERATELY trying to insinuate that the only possible reason to acknowledge that many people find distasteful the association between OpenAI and the desire for autonomous killbots MUST be that people are being unfair to Trump because of mental illness.

Re: Google plans to invest up to $40B in Anthropic

#30

Post by jeffbee »

Oras wrote: post #9

They just announced their new chip, and they are the ones created transformers yet investing this amount in a competitor? I don’t know what to make of it

It makes every bit as much sense as investing in Snap while still operating their own social network product. Seems to have worked out fine (for Google, not Snap).
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