Series H? Holy crap. I get the feeling they'll run it up to series ] before actually turning a profit though.
Anthropic raises $65B in Series H funding at $965B post-money valuation
311–320 of 458 posts
Re: Anthropic raises $65B in Series H funding at $965B post-money valuation
#312Earlier quoted context omitted.
Is there any sense in buying (out-of-the money) put options, to make sure you can taste some of that sweet lucre that your overlords are getting?
If you like gambling, sure. Market can stay irrational longer than you can stay solvent, or something like that
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Re: Anthropic raises $65B in Series H funding at $965B post-money valuation
#313Earlier quoted context omitted.
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.
Indeed! And the returns from such an investment in infrastructure will likely be profound. I feel AI is a bit different, as in there is a spectrum ranging from “utterly stupid” (early ChatGPT), “very helpful” (kinda now), “SkyNet 2.0” (what good are humans!). As algorithms and technology improve, AI will be both cheaper and more capable. Companies like Anthrophic wouldn’t be the vaulted celebrities as they are today.…
NGL, I would gladly trade opus 4.8 in exchange for my city fixing the roads. Just imagine if even a quarter of the money being dumped into AI went to something that actually improved peoples lives. Man that would be a sight to behold.
Re: Anthropic raises $65B in Series H funding at $965B post-money valuation
#314> Since our Series G in February, adoption has continued to grow across global enterprise customers, and our run-rate revenue crossed $47 billion earlier this month. OK, so their self-reported run-rate revenue hit $47bn in early May. For comparison: Apr 6th 2026: https://www.anthropic.com/news/google-broadcom-partnership-c... - "Demand from Claude customers has accelerated in 2026. Our run-rate revenue has now surpas…
The wild thing to me, is that they're serving $47B run rate worth of requests on maybe 2-3 GW of compute currently [1], of which only a fraction goes to inference, vs R&D and training. Obviously there have been complaints on token limits and such so they're stretched a bit thin, but nonetheless. Hard to imagine what a world with 100GW of compute looks like. [1] https://epochai.substack.com/p/frontier-labs-dont-use-mo…
It gets better; most of their incoming requests don't actually require a frontier model to handle. There's a huge potential for future optimization in this space. Anthropic, OpenAI, Google and a few other companies are going to be well positioned to scale in the few years. A 65$ billion round to finance operations over the next few years isn't that controversial if you look at the growth and profit potential.
I think token counts and GW are a gross over simplification here. Not all tokens are the same in the amount of GPU time they consume or the size of the GPUs they require or the amount of energy they consume. There's a huge optimization potential here once these companies get serious about consolidating the business they have and executing much more efficiently. Given enough time, these companies can heavily optimize their operations. Short term growth and not slamming the brakes on that is their primary concern.
Re: Anthropic raises $65B in Series H funding at $965B post-money valuation
#315Earlier quoted context omitted.
dumping ground because they spent the last 20 years convincing everyone with a 401k it belonged in index funds. index funds will be the cause of the next catastrophic collapse
elaborate please
easy:
1. Shit goes into S&P 500 (pump phase)
2. Shit goes to 0. Your 401(k) invested into S&P 500 takes a dive (dump phase)
3. Retail holding bags (full of shit) phase.
Case study: Tesla, with a P/E ratio in the hundreds along with declining sales and TAM, is a part of the S&P 500 and, consequently, of many people's 401(k)s.
Re: Anthropic raises $65B in Series H funding at $965B post-money valuation
#316Earlier quoted context omitted.
> (Also in Axios today is an anonymously sourced note that "An AI consultant tells Axios one of their clients recently spent half a billion dollars in a single month after failing to put usage limits on Claude licenses for employees" - times that by 12 and you get an extra $6 billion in annualized run-rate!) This one client, then, is 12.8% of Anthropic's run-rate revenue? That does not exactly fill me with confidence…
Yeah, I think it is pretty obvious at this point that users have gotten over their skis a bit on the fixed rate plans. I suspect a lot of folks were playing around with agentic workflows on a $10-200/month plan and then started implementing them at their companies under enterprise accounts not realizing that API based billing would result in easily 10-100x the costs. Running hundreds of agents 24/7 is all fun and gam…
I'm really annoyed at github for only allowing export of a single month of usage.
There were a lot of people (here included) that were absolutely abusing github - getting Opus to generate its own subagents for days on end with a single premium request. If THAT'S $3k/mo, I'm honestly not worried.
I was just asking sonnet, 5.4, opus, in single agent session to fix a problem for 20 minutes...if THAT'S $3k/mo, then AI is truly cooked.
Re: Anthropic raises $65B in Series H funding at $965B post-money valuation
#317Earlier quoted context omitted.
isn't Google going to win the race anyway ?
That feels really hard to argue now that Anthropic/OpenAI are so much bigger How the hell do you crush a ~1T company on the one thing they have all their focus on?
You start with a 90% share in search, I guess.
Me, not a SWE, I have never even tried Claude
(and I am not sure I prefer ChatGPT over Google)
Re: Anthropic raises $65B in Series H funding at $965B post-money valuation
#318Earlier quoted context omitted.
It’s becoming like the iPhone, once the software has access to “Claude”, everyone in the org wants it. Finance wants it for excel, marketing and design for image generation, compliance for working with documents. Sure it’s not software engineering rates, but it increases the user base beyond software developers.
Tangential, but I'm partially surprised Anthropic hasn't released an image model, even something basic to complement their offering.
It doesn't really feel like an image model fits with the "theme" of Anthropic's products.
I see Claude as much more of a productivity tool than say, ChatGPT, so if they were to release an image model, I would expect it to be useful for presentations etc. But, then the images need to be more like infographics, which are difficult for an image model to get right. On the other hand, they are much easier for a strong coding model to implement, while also allowing users to make controlled edits.
Re: Anthropic raises $65B in Series H funding at $965B post-money valuation
#319Earlier quoted context omitted.
isn't Google going to win the race anyway ?
In terms of personal assistant AI the monopolists have a massive advantage because they control the platforms and can box out competitors from deeply integrating with the OS.
I don't see it as merely boxing out competitors or integrating with the OS.
People have been going to Google for a quarter of a century, and I imagine they will continue to do so.
As far as I am concerned, I moved to DDG in 2013 and never looked back, but I find Google AI intriguing.
Re: Anthropic raises $65B in Series H funding at $965B post-money valuation
#320Earlier quoted context omitted.
isn't Google going to win the race anyway ?
That feels really hard to argue now that Anthropic/OpenAI are so much bigger How the hell do you crush a ~1T company on the one thing they have all their focus on?
Data. Google has access to unphasmable amount of real human-created data with zero expectations of privacy (wink wink Apple): videos, photos, search, navigation, mobile app usage including competition platforms, emails, etc.
Both Anthropic and OpenAI only has access to whatever they can buy or steal.
And it's becoming increasingly hard to get fresh uncontaminated data for training. No amount of money can buy that.