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Anthropic raises $65B in Series H funding at $965B post-money valuation

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Re: Anthropic raises $65B in Series H funding at $965B post-money valuation

#91

Post by techpression »

4ashga wrote: post #50

That announcement is a bit short on details. I suppose that, like in the previous rounds, there are some strings attached and they'll not get all of it at once. Hynix is participating with a new circular deal. Hynix is also valued at $1 trillion now, which is positively insane. This scam will implode harder that the housing bubble.

The circulation of money in AI is deeply troubling (NVIDIA being one of the worst I believe), either the bubble doesn’t pop and corruption like this is considered legal (self-inflating money amongst friends) or it pops and the financial hurt will be felt for a decade.

Re: Anthropic raises $65B in Series H funding at $965B post-money valuation

#92

Post by andriy_koval »

qeternity wrote: post #71
topherPedersen wrote: post #62

Anthropic has a great product, but what's going on in the stock market is astonishing. Companies waiting to be valued at a trillion dollars before going public? (I'm writing this comment with the assumption that they will go public soon and the valuation will be higher than this $965 billion dollar private valuation) The stock market used to be a place for companies to raise money from investors. But that isn't what…

> Venture capitalists & private investors are sucking all of the possible growth and future upside from these companies and then dumping them on retail investors when there's nothing left. A lot of the money that is deployed by VCs comes from pension funds and asset managers that ultimately manage money for the average Joe.

Is there any evidence of what is the share/volume of such assets involved?

Re: Anthropic raises $65B in Series H funding at $965B post-money valuation

#93

Post by [deleted] »

onlyrealcuzzo wrote: post #65
topherPedersen wrote: post #62

Anthropic has a great product, but what's going on in the stock market is astonishing. Companies waiting to be valued at a trillion dollars before going public? (I'm writing this comment with the assumption that they will go public soon and the valuation will be higher than this $965 billion dollar private valuation) The stock market used to be a place for companies to raise money from investors. But that isn't what…

> But that isn't what it is anymore, it's a dumping ground. We got "dumped" Google and Facebook, so... Those probably made up for all the other "dumps". We also got "dumped" TSLA, which is meme-ing in the trillions at the moment. You can short Anthropic at IPO if you want...

[deleted]

Re: Anthropic raises $65B in Series H funding at $965B post-money valuation

#95

Post by pavlov »

cmiles8 wrote: post #66
Aurornis wrote: post #63

Earlier quoted context omitted.

Their valuations differ by about 13%. That's close enough that I wouldn't call it "blown past". Things change fast in this space. Anthropic had a big boost from having the premier coding model for a while, but GPT-5.5 has closed that gap at a time when a lot of Anthropic customers are looking for cheaper alternatives. Anthropic is coming off of a recent change to their enterprise billing that substantially changed th…

The acceleration rate has been extraordinary… they went from mostly unknown outside AI circles to the number one player almost overnight. If that’s not “blown past” I don’t know what is.

I remember seeing expensive multi-page ads for Claude in the New Yorker over a year ago.

Their marketing has been working the high end of the “regular people” market for a good while.

Re: Anthropic raises $65B in Series H funding at $965B post-money valuation

#96

Post by onychomys »

gruez wrote: post #43
whalesalad wrote: post #27

They're going to run out of letters pretty soon.

Anyone in finance should know that excel doesn't run out of letters (for columns) either. It just rolls over to AA, AB, etc.

They eventually stop, Excel has a max column size of 16,384. Not sure what letter combo that would be (ZZZZZZZZZZ or something?), but it does eventually halt.

https://support.microsoft.com/en-us/office/excel-specificati...

Re: Anthropic raises $65B in Series H funding at $965B post-money valuation

#97

Post by barbarr »

solenoid0937 wrote: post #57
charlie0 wrote: post #17

Earlier quoted context omitted.

Dead capital. There's no need for public funding until they are reasy to cash out at the top, if ever.

How do investors cash out? Do they sell to new round investors?

Going off the other reply, I wonder if a highly-active secondary market means that companies can raise series [A-Z]+ rounds effectively forever, where each "round" just refers to a giant purchase of shares under strict company supervision. Is this the new game for startups?

Re: Anthropic raises $65B in Series H funding at $965B post-money valuation

#98

Post by treis »

cmiles8 wrote: post #36
ignoramous wrote: post #28

Earlier quoted context omitted.

How? OpenAI and Antrophic are basically the Big 2 racing away at light speed; the others who can't get near them are perhaps shaky & vulnerable. And sure, there's a garden full of those.

Because the market almost certainly can’t support two foundation model labs given the increasingly little difference across models and the massive sums of cash required to keep it all going. There is no big 2, just a race to survive and be the big 1.

There's at least two markets here. Consumer ad driven and worker augmentation markets. Likely a 3rd as a backend infrastructure provider to a bunch of value add companies.

I think Google has caught up enough to certainly be a player in the consumer ad driven market.

I also don't think only one foundation model adds up. Now that the trail is blazed a dozen companies can likely make a good enough model. The question is if there's a moat to make it winner take all

Re: Anthropic raises $65B in Series H funding at $965B post-money valuation

#99

Post by onlyrealcuzzo »

NewJazz wrote: post #87
onlyrealcuzzo wrote: post #65

Earlier quoted context omitted.

> But that isn't what it is anymore, it's a dumping ground. We got "dumped" Google and Facebook, so... Those probably made up for all the other "dumps". We also got "dumped" TSLA, which is meme-ing in the trillions at the moment. You can short Anthropic at IPO if you want...

Google IPO 20 years ago, Tesla 15 years ago, facebook almost 15 years ago. Situations change.

When did they change? 3 years and 4 months ago? 1 year ago? 8 years?

Because when Facebook IPO'd everyone was saying the stock market was a dumping ground...

Same with Google...

Same with Pets.com and WebVan...

Re: Anthropic raises $65B in Series H funding at $965B post-money valuation

#100

Post by signatoremo »

NewJazz wrote: post #87
onlyrealcuzzo wrote: post #65

Earlier quoted context omitted.

> But that isn't what it is anymore, it's a dumping ground. We got "dumped" Google and Facebook, so... Those probably made up for all the other "dumps". We also got "dumped" TSLA, which is meme-ing in the trillions at the moment. You can short Anthropic at IPO if you want...

Google IPO 20 years ago, Tesla 15 years ago, facebook almost 15 years ago. Situations change.

Maybe but can you elaborate what the changes are?
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