Oh dang, no wonder they’re auto coding so much garbage in public (crap c compiler, crap browser, crap salesforce).
The browser was done by cursor, not anthropic, no?
Anthropic raises $30B in Series G funding at $380B post-money valuation
371–380 of 476 posts
Re: Anthropic raises $30B in Series G funding at $380B post-money valuation
#372Earlier quoted context omitted.
I wonder what makes EU so wealthy to just buy stuff everywhere - maybe it's the export of high-end technologies inaccessible to US and China?
Having someone else pay for your national defense for 80 years sure doesn’t hurt.
You should look up how much NATO members in Europe were spending on defense during the Cold War.
Re: Anthropic raises $30B in Series G funding at $380B post-money valuation
#373Earlier quoted context omitted.
In other words, you didn’t know they’re a PBC, and you don’t know what that means?
I know PBC; legal semantics that dictate various financial terms. I also know the specifics because for some reason those specifics matter to some people, and it's been personally beneficial to have more than an awareness of such legalese. Makes true believers feel I am living up to their "one of us!" means testing. I accept they matter to others but reject such exists as anything but contemporary ethno-objects. Simi…
Haha, this is excellent satire. Well done.
Re: Anthropic raises $30B in Series G funding at $380B post-money valuation
#374How will these investors get their money. The AI companies either have a competitor invent AGI which means all other AI companies are worth nothing or they themselves invent AGI in which case a whole bunch of companies go broke including the investors themselves.
This money isn’t never going to be returned
Re: Anthropic raises $30B in Series G funding at $380B post-money valuation
#375Earlier 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…
This is what I struggled with after grad school. You have so many decent ideas. So many people you know in the domain also with their own good ideas. Everyone looking for their next gig. It could all be so easy to get a couple people together and start building. But, alas, money, that must come from people who expect more money back before long, which severely limits the scope of ideas that will get investor funding.…
This is why the empires are accidental.
Re: Anthropic raises $30B in Series G funding at $380B post-money valuation
#376Earlier 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. Ah! Well, if we put aside "The Innovator's Dilemma" and pick up Reis and Trout's "marketing Warfare," we get the answer. Apple does have an existing business, but investing in AI does not cannibalize it. They can throw money at it, try to find a way to make it work…
I'm very curious if they're going to ditch Google by providing on-device search. A monthly Open Crawl is under 100 terabytes, and if you clean that down to raw text and deduplicate and maybe pick out what you don't care about, the dataset might already fit onto my iPhone. They could do a lot without making a network call and reach out to a server for anything the device doesn't have, but a lot of user queries might n…
This doesn't get anyone a bonus or a bigger boat so it won't happen, technical challenges aside.
Re: Anthropic raises $30B in Series G funding at $380B post-money valuation
#377Crazyyyyy!!!!
Re: Anthropic raises $30B in Series G funding at $380B post-money valuation
#378Earlier quoted context omitted.
Indeed. The stupid AI on Google’s search page is so bad, I really wonder why the released it publicly. Makes CoPilot look like something from a Sci-Fi movie.
They recently replaced “define: word” (or “word meaning”) results with an “ai summary” and it’s decidedly worse. It used to just give you the definition(s) and synonyms for each one. Now it gives some rambling paragraphs.
My google gives me the data from oup for word meaning, and doesn't show any AI. It opens up the translator for word meaning language. It is really fast and convenient.
Re: Anthropic raises $30B in Series G funding at $380B post-money valuation
#379How 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.
Make the pie higher, a US President once said. I will leave it at that
Re: Anthropic raises $30B in Series G funding at $380B post-money valuation
#380Earlier quoted context omitted.
Sorry - if a model costs (say) 20B to train, lasts 12 months before it becomes obsolete, generates 2B/month revenue, but with 1B/month inference costs, then it has lost 8B. Or are you suggesting that in fact each model comes out ahead over its lifespan, and all this extra cash is needed because the next model is so much more costly to train that it is sucking up all the profits from the current, but this is ok becaus…
I'm not suggesting, I'm saying that this is what has happened so far, full stop, based on multiple public statements from people like Dario. Basically every model trained so far has made money for Anthropic and OpenAI. Well maybe not GPT4.5 - we liked you but we barely knew thee.. The cash spend is based on two beliefs a) this profitability will continue or improve, and b) scaling is real. Therefore, rational actors…
> based on multiple public statements from people like Dario
> clear picture of the finances of these companies
Since they are not publicly traded companies, presumably there is no legal duty for the officers to be clear or even honest about these numbers?
But even assuming good faith, my understanding is that the scale of the current build out is so huge that revenues would need to exceed the size of many entire industries to have a chance to turn a profit.