Anthropic raises $65B in Series H funding at $965B post-money valuation • Hacker News Board

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

#171

Post by TacticalCoder » Thu, May 28, 2026, 9:43 PM UTC

dchftcs wrote: post #51

cmiles8 wrote: post #36

Earlier quoted context omitted.

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.

China will make sure they have a frontier lab, there's plenty of chance for Google to catch up once the compute crunch gets more serious.

Google needs to catch up on what? Devs mindshare? The latest Opus 4.8 carefully selected benchmarks made sure to pick Gemini 3.1 Pro and not Gemini 3.5 Flash: 3.5 Flash is beating Opus 4.8 on several of the benchmarks Anthropic posted but simply was ignored.

I don't think SOTA-wise Google has a lot of catch up to do.

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

#172

Post by eutropia » Thu, May 28, 2026, 9:43 PM UTC

What is run-rate revenue and how is it different than revenue (classic)?

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

#173

Post by famouswaffles » Thu, May 28, 2026, 9:45 PM UTC

andrewl-hn wrote: post #136

tredre3 wrote: post #114

Earlier quoted context omitted.

> The branding of Claude is so much stronger than ChatGPT. Absolutely not, you live in a bubble. Everybody knows about ChatGPT. Few non-programmers have heard of anthropic or claude, nor do they care. But they all know what ChatGPT is.

ChatGPT is a word now. People may use Perplexity, or Google, or Grok to ask questions online. And later they tell you "ChatGPT told me this". It's a new "I googled in Yahoo".

ChatGPT is the 5th most visited site (as well as has nearly a billion weekly active users) and none of the competitors are even close. In the consumer space, Gemini is doing well but Claude is not even in the same galaxy. OpenAI is undoubtedly the leader in consumer LLMs and by a large margin. I'm sure there are mixups, but if someone is telling you they're using chatGPT, they almost certainly mean they're using chatGPT.

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

#174

Post by shreezus » Thu, May 28, 2026, 9:51 PM UTC

8f2ab37a-ed6c wrote: post #53

Say you join Anthropic now as an employee. What are the chances of your equity appreciating in value? I don't think we have any historical precedents to this.

Anthropic is one of the few companies that will likely hit an infinite valuation if they succeed in their mission.

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

#175

Post by nearlyepic » Thu, May 28, 2026, 10:05 PM UTC

shreezus wrote: post #174

8f2ab37a-ed6c wrote: post #53

Say you join Anthropic now as an employee. What are the chances of your equity appreciating in value? I don't think we have any historical precedents to this.

Anthropic is one of the few companies that will likely hit an infinite valuation if they succeed in their mission.

“Infinite valuation”? Give me a break.

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

#176

Post by ml_basics » Thu, May 28, 2026, 10:11 PM UTC

halamadrid wrote: post #137

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...

Looking back it feels like GOOG, FB, TSLA etc. all went IPO at reasonable valuations. Retail & public investors did benefit long term and continuing to get higher valuations in public is not a small feat compared to a VC valuation. A trillion dollar valuation seemed so hard back in the day and now there are so many companies in that list. What's the next level? Is this just signs that $ is no longer the inflating at…

maybe we will look back and also think that the current slate of IPOs were reasonable valuations?

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

#177

Post by satvikpendem » Thu, May 28, 2026, 10:21 PM UTC

Spunkie wrote: post #154

tredre3 wrote: post #114

Earlier quoted context omitted.

> The branding of Claude is so much stronger than ChatGPT. Absolutely not, you live in a bubble. Everybody knows about ChatGPT. Few non-programmers have heard of anthropic or claude, nor do they care. But they all know what ChatGPT is.

Def sounds like a bubble to me. In my own bubble, ChatGTP is so well known over the others that people will often slip and refer to other AI services collectively as ChatGTP. e.g. "I put it in chatgtp and..." when they actual asked Gemini.

Ironic that you spelled it wrong though thrice.

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

#178

Post by jLaForest » Thu, May 28, 2026, 10:23 PM UTC

taude wrote: post #67

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…

Yeup, no shortage of tech IPOs over the past five years that are now valued at like 5% of what they were after being dumped onto the market: ZoomInfo, Bumble, Gemini And many more that are 50% of what they were: Snowflake, Coinbase And many more that went back to private companies and then were sold off: Carbon Black, etc... I'm actually too lazy to go list out all of them. But employees, beware, of those gnarly lock…

Maybe snowflake was a bad example considering that stock is up 36 percent today haha

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

#179

Post by Spunkie » Thu, May 28, 2026, 10:26 PM UTC

satvikpendem wrote: post #177

Spunkie wrote: post #154

Earlier quoted context omitted.

Def sounds like a bubble to me. In my own bubble, ChatGTP is so well known over the others that people will often slip and refer to other AI services collectively as ChatGTP. e.g. "I put it in chatgtp and..." when they actual asked Gemini.

Ironic that you spelled it wrong though thrice.

Yeah I'm pretty sure I switch between chatgbt, chatgtb, chatgtp, and chatgpt quite often without realizing it.

Still everyone knows what I'm talking about.

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

#180

Post by dyauspitr » Thu, May 28, 2026, 10:29 PM UTC

maxnevermind wrote: post #103

What is this, Series for ants? It barely covers Andrej's sign-on bonus.

To put this into perspective, India has built 4000+ miles of new railway lines over the last five years including a Shinkansen style bullet train. That’s more than all the railway lines in the country of Switzerland for about $12 billion. The money being thrown around here is mind blowing.