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Anthropic forms $200M partnership with the Gates Foundation
31–40 of 121 posts
Re: Anthropic forms $200M partnership with the Gates Foundation
#32Re: Anthropic forms $200M partnership with the Gates Foundation
#33Re: Anthropic forms $200M partnership with the Gates Foundation
#34Earlier quoted context omitted.
And a sizable tax deduction.
Who profits from that deduction and how?
Anthropic profits from the PR, for one. And they likely hook these institutions on their products in the long term, for two – much like I was "stuck" on Azure until recently, thanks to their free startup credits pointing me to it a decade ago.
Re: Anthropic forms $200M partnership with the Gates Foundation
#35Re: Anthropic forms $200M partnership with the Gates Foundation
#36Earlier quoted context omitted.
The helped easing up on the resources of Earth with his investment in certain pharma companies and now owns a giant amount of the farmland of the US too.
> now owns a giant amount of the farmland of the US too. What for though? I always hear this, but what's the point of it?
Any given year congress could pass something letting farmland owned before X date be passed to your children without taxes. I've seen lots of congressmen telling sob stories about a constituent losing the 8-figure family farm due to taxes. Gates owns the farmland personally, not in the foundation. But it could just be diversifying assets. Lots of tech billionaires buy up lots of land.
Re: Anthropic forms $200M partnership with the Gates Foundation
#37Earlier quoted context omitted.
Who profits from that deduction and how?
One assumes Anthropic given it's them doing the donating, but you also have to be actually making a profit to be paying tax.
There are ways one can engage in financial engineering (is "accounting engineering" a term yet?) where despite not making a profit, you segregate a tax break, tax credit, charitable deduction, etc. into some other entity and then can sell that off as an asset that some other business that is making a profit buys and writes off against its own profits.
Re: Anthropic forms $200M partnership with the Gates Foundation
#38Re: Anthropic forms $200M partnership with the Gates Foundation
#39Earlier quoted context omitted.
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> Some of us actually live by our values for example not raping trafficked prostitutes and then giving infections to our wives and then lying to them about it
And advocating for the streamed, live dissection of the accused, apparently.
> This is one of the most insane things I’ve read recently so kudos to being totally depraved
Re: Anthropic forms $200M partnership with the Gates Foundation
#40Earlier quoted context omitted.
This doesn't seem to be investment focussed activity, but rather extending Claude credits for education and research. Which is a good thing, independent of other bad things that might be happening.
And a sizable tax deduction.
IANAA, but pretty sure you can only deduct a donation against business profit. Are you suggesting that Anthropic is running at a profit?