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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

#281

Post by QuantumGood »

akersten wrote: post #239
pragmatic wrote: post #224

Earlier quoted context omitted.

How in the world would you have thought that? Genuinely curious. It was obviously DOA and waaaayyy outside G'scompetence.

So is Gemini tbh. It's the only agent I've used that gets itself stuck in ridiculous loops repeating "ok. I'm done. I'm ready to commit the changes. There are no bugs. I'm done." Google somehow manages to fumble the easiest layups. I think Anthropic et al have a real chance here.

Hard to bet against Hassabis + Google's resources. This is in their wheelhouse, and it's eating their search business and refactoring their cloud business. G+ seemed like a way to get more people to Google for login and tracking.

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

#282

Post by HardCodedBias »

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.

Let's be real.

Google leadership is pathetic.

Sundar "the manager" has presided over an enormous growth of the businesses he was handed. He also presided over the complete collapse of the internal culture. OTOH he may have fired Dianne Green, so that's something. Overall, at best Meh.

Demis ran a startup that burnt cash on vanity projects and continues to burn cash on vanity projects. Gemini is barely open source quality AI, but Google makes it nearly free and has the best distribution on the planet.

Gemini has been a joke since 1.0. No release has hurt Google's brand more. 3.0 was STOA for about 2 days, easily Gemini's best release.

Anthropic and OAI are moving at amazing pace, Google can not keep up at all.

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

#283

Post by HardCodedBias »

asdfman123 wrote: post #174
H8crilA wrote: post #83

Earlier quoted context omitted.

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.

Deepmind was their worst acquisition ever. It is a vanity project that burns cash.

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

#284

Post by WheatMillington »

akersten wrote: post #239
pragmatic wrote: post #224

Earlier quoted context omitted.

How in the world would you have thought that? Genuinely curious. It was obviously DOA and waaaayyy outside G'scompetence.

So is Gemini tbh. It's the only agent I've used that gets itself stuck in ridiculous loops repeating "ok. I'm done. I'm ready to commit the changes. There are no bugs. I'm done." Google somehow manages to fumble the easiest layups. I think Anthropic et al have a real chance here.

Interesting that you consider the most cutting edge technology in the category to be "the easiest layups".

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

#285

Post by WheatMillington »

disillusioned wrote: post #164
bix6 wrote: post #145

Earlier quoted context omitted.

Better be otherwise it’s a 27+ year wait for breakeven!

27 year PE ratio is a value stock at this point

At $14b revenue Anthropic is likely running a HUGE loss on their P&L.

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

#286

Post by Bnjoroge »

kasey_junk wrote: post #271
c7b wrote: post #192

Earlier quoted context omitted.

> Theoretically Apple can spend just as much. What are the outcomes though? The GP was talking about Google specifically, and their outcomes on AI are nothing to scoff at. They had a rocky late start, but they seem to have gotten over that. Their models are now very much competitive with the startups. And it's not just that have more money to spend. They probably have more training data than anyone in the world, and…

Google didn’t have a late start, they invented the tech, had bespoke hardware in place that supported it and have money to spend. I don’t have any idea what comes next but Google and Microsoft look bad right now because they can’t execute a product strategy. My personal bias is that either ms or Google or both will land just fine after it all shakes out but they started with a lead and are now playing catch up.

they did have a late start in terms of productionizing the models. It's definitely improved but there was a time where Gemini and the associated tools werent as good as claude/oai

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

#287

Post by benreesman »

rhrtah wrote: post #110

Goldman Sachs recently stoked fear about software stocks due to claimed AI competition. What if their strategy is this: slowly drive down software stocks, keep talking about AI, buy the downward market. Then cash in on the IPOs of OpenAI and Anthropic. Then let OpenAI and Anthropic implode. Goldman Sachs had no problems underwriting webvan at the end of 1999, which then imploded in 2000. Anyway, I just valued my dog…

Claude Code is trivially an attempt to hobble the rest of the software business: the PID controller, the control vectors, the ever change loss surface, the bash and JSON jank at the foundations, the no one is this stupid context management, the some-data-critical-to proceed | tail -n 5, the sed editing, the speculative execution of partial frames.

OpenRouter and Opencode show you how behind it is, that bootstraps you off of them. They have issues too and Zen is starting to feel icky, but they let you speed run to the next thing.

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

#288

Post by Bnjoroge »

rvnx wrote: post #188
H8crilA wrote: post #83

Earlier quoted context omitted.

Google has barely released a successful product in 20 years.

Google Cloud is good and successful. Except they can't implement billing hard caps, or pretend they can't.

Im not sure what you consider successful. They've been struggling to get market share vs azure, and the product isnt that good. lots of rough edges, and piss poor support

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

#289

Post by benreesman »

ibejoeb wrote: post #185
xvector wrote: post #21

How are they not overvalued? At some point OSS will be sufficient for most businesses, what then?

>OSS will be sufficient for most businesses Only for well defined tasks. There's not really a practical upper bound. We will keep throwing more complex tasks at it to the extent that it can handle them. Like if you just need fancy OCR, then a specific model will probably suffice, but there will be an appetite for human- or superhuman-level intelligence that never gets tired and has no rights.

K2.5 run on your own gear is an Orca tube away from 4.5, R4 will be stronger.

The gap is growing and the second derivative is positive. They don't catch up until it saturates.

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

#290

Post by bbor »

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…

Well they have an illegal monopoly over display ads that they defended with a moat of money when FB tried to butt in, so that's an example of them being not great to rely on.
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