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

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

#171

Post by lossolo »

WarmWash wrote: post #157
sousousou wrote: post #150

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]

> "Get bankrolled by the state at the state's discretion until they get what they want, even if they need to burn $1B to get $1M of value"

If that's how it worked, they wouldn't lead in anything, they'd be bankrupt already. They burn state money like VCs burn cash. DeepSeek, Alibaba, Tencent, Xiaomi, Huawei, etc., disprove your point.

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

#172

Post by jfim »

stackghost wrote: post #154
logicchains wrote: post #144

Earlier quoted context omitted.

[flagged]

>As measured by prosperity life in the US is better; the poorest US state has a higher GDP per capita than most western European countries. GDP per capita/prosperity is a poor proxy for quality of life. The US is lagging most of the developed world in most quality of life metrics, even as reported by US news outlets, which don't rank the US in even the top 20: https://www.usnews.com/news/best-countries/rankings/quali…

Keep in mind there are two Americas, a wealthy one and a not wealthy one; someone posting on HN is likely in the former bucket, and not juggling a retail job and doing Uber on the side while being unable to afford healthcare.

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

#173

Post by impulser_ »

reenorap wrote: post #51

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.

Because it's Google they can't build products and they only care about benchmarking.

The product they released so far are all half assed experiments.

Gemini 3 Pro is now being beaten by open source models because they can't fix or don't want to fix the problems with the Gemini models being completely useless.

The same for Microsoft.

Microsoft had GitHub Copilot, and Microsoft Copilot and both of them are useless to Claude Code and Claude Cowork.

You can have all the money in the world, but nothing is stopping you from building useless garbage.

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

#174

Post by asdfman123 »

H8crilA wrote: post #83
timmmmmmay wrote: post #58

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 is good at buying existing products and scaling them, which is exactly what they did with DeepMind.

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

#175

Post by davnicwil »

sekai wrote: post #162
davnicwil wrote: post #128

Earlier quoted context omitted.

well, it's basically existential, so the incentive is there to not only get it very right but also to limit the delta with how right anyone else gets it. The same can't really be said of the long tail of products Google have done. Look to GCP as an example. It had to be done, with similar competitive dynamics, it was done very well. Look to Android as another.

> well, it's basically existential, so the incentive is there to not only get it very right but also to limit the delta with how right anyone else gets it. The same can't really be said of the long tail of products Google have done. I've yet to see anything that threatens Google's ad monopoly.

I mean I guess this is classic disruption theory.

It's not that a dominant position goes away overnight. In fact that would be precisely the impetus to spur the incumbent to pivot immediately and have a much better chance of winning in the new paradigm.

It's that it, with some probability, gets eaten away slowly and the incumbent therefore cannot let go of the old paradigm, eventually losing their dominance over some period of years.

So nobody really knows how LLMs will change the search paradigm and the ads business models downstream of that, we're seeing that worked out in real time right now, but it's definitely high enough probability that Google see it and (crucially) have the shareholder mandate to act on it.

That's the existential threat and they're navigating it pretty well so far. The strategy seems balanced, measured, and correct. As the situation evolves I think they have every chance of actually not being disrupted should it come to that.

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

#176

Post by WarmWash »

BowBun wrote: post #156
logicchains wrote: post #144

Earlier quoted context omitted.

[flagged]

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…

If you are in the bottom 30% of earners, the EU is better.

If you are in the top 30% of earners, the US is better.

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

#177

Post by realo »

logicchains wrote: post #144
mrtksn wrote: post #96

Earlier quoted context omitted.

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…

[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 to boast about.

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

#178

Post by stock_toaster »

atlimar wrote: post #116
Hamuko wrote: post #92

Earlier quoted context omitted.

I thought that the likes of Android, Google Docs, Google Translate, etc. were fairly successful. Chrome and ChromeOS also seem fairly popular too.

This year: chromeos is 17 android is 18 chrome is 18 google docs is 20 google translate is 20

In retrospect, it is wild how good/successful google was 17-20 years ago!

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

#179

Post by bjghknggkk »

xp84 wrote: post #127
Traster wrote: post #73

Earlier quoted context omitted.

Well there's a good reason that OpenAI partnered up with Microsoft. The calculation is that the established big techs - Amazon, Apple, Microsoft, Google, Meta are all going to be significantly impacted by AI so it's not unreasonable to look at Anthropic at 10% of their market cap as a reasonable value. Would it be worth Apple to bring Anthropic in house? They failed to deliver AI themselves, they know the risks of be…

> they know the risks of being dependent on Google I wouldn't argue it's that risky. Look at their past entanglements: 1. Google Default Search Bribe - brings in $20B a year for literally doing nothing 2. Google Maps: Google let them build their own custom app using Google's backend, and it worked fine all the way up until Apple chose to exit that arrangement actually I can't think of any others, but is there an exam…

Android.

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

#180

Post by rvnx »

impulser_ wrote: post #173
reenorap wrote: post #51

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.

Because it's Google they can't build products and they only care about benchmarking. The product they released so far are all half assed experiments. Gemini 3 Pro is now being beaten by open source models because they can't fix or don't want to fix the problems with the Gemini models being completely useless. The same for Microsoft. Microsoft had GitHub Copilot, and Microsoft Copilot and both of them are useless to C…

Claude is clearly the most superior product right now.

Gemini is absurdly expensive for low quality (3000 USD of tokens are not even worth what you get @ Anthropic for 200 USD).

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