4 ms·

Anthropic's valuation triples to $61.5B in bumper AI funding round

20 points by marban 2y ago

con 2y ago
http://archive.today/2025.03.03-183004/https://www.ft.com/content/05c90475-84fb-4f88-bbfc-6b1a60af90db http://archive.today/2025.03.03-183004/https://www.ft.com/co...
layoric 2y ago
Is it right that they raise $3.5B, projected to burn $3.0B this year with ~$1.2B in revenue _expected_ this year? So either prices are going to rocket up at some point and/or massive efficiencies? That doesn’t seem like a good position. I like their models, but not sure how they’ll survive long term.
- fvv 2y ago
  or usecase/adoption increase ? also : capex!=operating costs
  - orwin 2y ago
    > capex!=operating costs True, but when your only moat is capabilities, and those degrade with time and use, it might as well be.
  - stvltvs 2y ago
    Brain tried to parse your comment as a trinary operator.
- panarky 2y ago
  When a large number of super smart people with a strong track record of accomplishment do things that don't make sense to me, my first thought isn't that they obviously don't know what they're doing, my first thought is that there might be something I don't understand.
  - rasz 2y ago
    Like Meta investing in virtual and augmented reality projects over $100 billion? Lie Google investing half a $ billion in Magic Leap? Like all the crypto?
_mitterpach 2y ago
I think many people believe this is an absolute bubble, that these valuations do not correspond to fundamental values of the business and are just based on promises and fraud. I don't like having such a black and white view of the world though, so I would be interested in seeing if there is any sane reason for these valuations. Do you think these businesses would be as highly-valued if there was not all this hype around? How would you justify this valuation?
- ergocoder 2y ago
  I don't think any startup in the past based their valuation on fundamentals. Not even the wildly successful ones like Facebook. People can't seem to distinguish between promises, bets, and fraud.
  - AndrewDucker 2y ago
    Yes. The investors here are making a bet that AI goes supermassive and brings in a load of money. Some people at anthropic almost certainly do think they're going to be successful. I suspect that at least some of them are engaging in salesmanship at a level that makes it fraud.
    - ergocoder 2y ago
      Extraordinary claims require extraordinary evidence.
      - AndrewDucker 2y ago
        It would be helpful if you would identify exactly which claim you thought was extraordinary so that people could engage with your comment productively.
        ergocoder 2y ago
        This one: "I suspect that at least some of them are engaging in salesmanship at a level that makes it fraud."

20 points by marban 2y ago

con 2y ago

http://archive.today/2025.03.03-183004/https://www.ft.com/content/05c90475-84fb-4f88-bbfc-6b1a60af90db http://archive.today/2025.03.03-183004/https://www.ft.com/co...

layoric 2y ago

Is it right that they raise $3.5B, projected to burn $3.0B this year with ~$1.2B in revenue _expected_ this year? So either prices are going to rocket up at some point and/or massive efficiencies? That doesn’t seem like a good position. I like their models, but not sure how they’ll survive long term.

fvv 2y ago
or usecase/adoption increase ? also : capex!=operating costs
- orwin 2y ago
  > capex!=operating costs True, but when your only moat is capabilities, and those degrade with time and use, it might as well be.
- stvltvs 2y ago
  Brain tried to parse your comment as a trinary operator.
panarky 2y ago
When a large number of super smart people with a strong track record of accomplishment do things that don't make sense to me, my first thought isn't that they obviously don't know what they're doing, my first thought is that there might be something I don't understand.
- rasz 2y ago
  Like Meta investing in virtual and augmented reality projects over $100 billion? Lie Google investing half a $ billion in Magic Leap? Like all the crypto?

_mitterpach 2y ago

I think many people believe this is an absolute bubble, that these valuations do not correspond to fundamental values of the business and are just based on promises and fraud. I don't like having such a black and white view of the world though, so I would be interested in seeing if there is any sane reason for these valuations. Do you think these businesses would be as highly-valued if there was not all this hype around? How would you justify this valuation?

ergocoder 2y ago
I don't think any startup in the past based their valuation on fundamentals. Not even the wildly successful ones like Facebook. People can't seem to distinguish between promises, bets, and fraud.
- AndrewDucker 2y ago
  Yes. The investors here are making a bet that AI goes supermassive and brings in a load of money. Some people at anthropic almost certainly do think they're going to be successful. I suspect that at least some of them are engaging in salesmanship at a level that makes it fraud.
  - ergocoder 2y ago
    Extraordinary claims require extraordinary evidence.
    - AndrewDucker 2y ago
      It would be helpful if you would identify exactly which claim you thought was extraordinary so that people could engage with your comment productively.
      - ergocoder 2y ago
        This one: "I suspect that at least some of them are engaging in salesmanship at a level that makes it fraud."