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Google's $200B Wall Street finance machine for Anthropic
- root-parent 2mo agohttps://archive.is/cqHO4 https://archive.is/cqHO4
- root-parent 2mo agoGoogle funds Anthropic | v Anthropic promises to rent Google's TPUs | v Google guarantees the infrastructure needed to fulfil Anthropic's promise | v Wall Street lends against Google's guarantee | v Borrowed money buys Google-designed TPUs | v The TPU purchases "prove" demand for Google TPUs | v Anthropic's compute capacity and valuation rise | v Google's investment in Anthropic rises in value | v Higher valuations justify still more financing | +--------------------------------------+ | v DO IT AGAIN