I think the amount of turmoil around these deals is giving more weight to the possibility that we’re in a massive bubble thats quite divorced from any kind of fundamentals. Sooner or later the bubbles gonna burst.
Anthropic ARR went $1B -> $4B in the first half of this year. They're getting my $200 a month and it's easily the best money I spend. There's definitely something there.
So how much is it worth? what if it balloons to 5x the amount? what if "they" just decide this is too powerful so only corporate accounts worth $xx,000 a month, and plebs get limited per month for $x,000?