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Google invested $400M into Anthropic https://news.ycombinator.com/item?id=34663438 https://news.ycombinator.com/item?id=34663438 Investors include: - Eric Sc
by alberth 4y ago
Google invested $400M into Anthropic
https://news.ycombinator.com/item?id=34663438 https://news.ycombinator.com/item?id=34663438
Investors include:
- Eric Schmidt (former Google CEO/Chairman), Series A
- Sam Bankman-Fried, lead investor in Series B
- Caroline Ellison, Series B
https://news.ycombinator.com/item?id=34664963 https://news.ycombinator.com/item?id=34664963
- crop_rotation 4y ago[flagged]
- deleted 4y ago[deleted]
- option 4y agoWould lawsuits targeting SBF and CE put those investments at risk via clawbacks. Kind of like how many Madoffs investors who made money were forced to return that.
- dan-robertson 4y agoI don’t think it’s much like what you describe because the direction is reversed. They say they expect the debtors to sell that investment over the next few years. Potentially they will sell it at a profit.
- qeternity 4y agoIANAL but it's not: they could be compelled to return whatever was invested (or however much of it remains). It's pretty unlikely given that it looks like a successful Anthropic investment is perhaps FTX creditors' best chance at decent recovery.
- rvba 4y agoIf Google invests money into this and then this company uses Google cloud to compute, then does the money really outflow of Google much? Everything stays in the family, but in theory they can have an investment that works. Also listing Sam Bankman-Fried does not help much, especially for a company hyping itself to be 10x better than a working competitor. I mean, since they built the competitor, probably their second project can be better, but it is a pie in the sky in many ways.
- rasz 4y agothats less than they invested in Magic Leap :)