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LOL of course they don't want to own Anthropic, else they themselves would be responsible for coming up with the $10s of billions in Monopoly money that Anthrop

LOL of course they don't want to own Anthropic, else they themselves would be responsible for coming up with the $10s of billions in Monopoly money that Anthropic has committed to pay AMZN for compute in the next few years. Better to take an impressive looking stake and leave some other idiot holding the buck.

Lionga 10mo ago
[flagged]
- rvnx 10mo ago
  Why would they buy Anthropic when they already have access to all the tech and source-code of Anthropic for free ? Not only the models but also training data, model architecture, documentation, weights and latest R&D experiments ? Take an instance -> Snapshot -> Investigate. Unless they get caught it is not illegal.
  - dooglius 10mo ago
    GP is just commenting on the use of a mixed metaphor.
    - ajkjk 10mo ago
      hell if passing the buck is the opposite of holding the bag then maybe we should mix em maybe the full array of options is: pass the hot potato, hold the buck, or drop it like a bag.
SeanAnderson 10mo ago
Isn't taking an impressive looking stake, in effect, leaving them holding the buck?
- Waterluvian 10mo ago
  Now I’m no big city spreadsheet man but I bet you “company that owes us billions went belly up” looks better on the books than “company we bought that owes us billions went belly up.”
  - stingraycharles 10mo ago
    It’s pretty crazy that Amazon’s $8B investment didn’t even get them a board seat. It’s basically a lot of cloud credits though. I bet both Google and Amazon invested in Anthropic at least partially to stress test and harden their own AI / GPU offerings. They now have a good showcase.
    - Waterluvian 10mo ago
      Yeah. I bet there’s a win-win in the details where it gets to sound like a lot of investment for both parties to look good but really wasn’t actually much real risk. Like if I offered you $8 billion in soft serve ice cream so long as you keep bringing birthday parties to my bowling alley. The moment the music stops and the parents want their children back, it’s not like I’m out $8 billion.
      - beambot 10mo ago
        Echoes of Enron-style accounting "tricks"...
        vasco 10mo ago
        Amazon gave away datacenter time share in exchange for stock in a startup. That has nothing to do with electricity futures and private credit revolvers.
        BoorishBears 10mo ago
        They said echoes of the tricks.

Lionga 10mo ago

[flagged]

rvnx 10mo ago
Why would they buy Anthropic when they already have access to all the tech and source-code of Anthropic for free ? Not only the models but also training data, model architecture, documentation, weights and latest R&D experiments ? Take an instance -> Snapshot -> Investigate. Unless they get caught it is not illegal.
- dooglius 10mo ago
  GP is just commenting on the use of a mixed metaphor.
  - ajkjk 10mo ago
    hell if passing the buck is the opposite of holding the bag then maybe we should mix em maybe the full array of options is: pass the hot potato, hold the buck, or drop it like a bag.

SeanAnderson 10mo ago

Isn't taking an impressive looking stake, in effect, leaving them holding the buck?

Waterluvian 10mo ago
Now I’m no big city spreadsheet man but I bet you “company that owes us billions went belly up” looks better on the books than “company we bought that owes us billions went belly up.”
- stingraycharles 10mo ago
  It’s pretty crazy that Amazon’s $8B investment didn’t even get them a board seat. It’s basically a lot of cloud credits though. I bet both Google and Amazon invested in Anthropic at least partially to stress test and harden their own AI / GPU offerings. They now have a good showcase.
  - Waterluvian 10mo ago
    Yeah. I bet there’s a win-win in the details where it gets to sound like a lot of investment for both parties to look good but really wasn’t actually much real risk. Like if I offered you $8 billion in soft serve ice cream so long as you keep bringing birthday parties to my bowling alley. The moment the music stops and the parents want their children back, it’s not like I’m out $8 billion.
    - beambot 10mo ago
      Echoes of Enron-style accounting "tricks"...
      - vasco 10mo ago
        Amazon gave away datacenter time share in exchange for stock in a startup. That has nothing to do with electricity futures and private credit revolvers.
        BoorishBears 10mo ago
        They said echoes of the tricks.