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Anthropic raises $13B Series F

(www.anthropic.com)
585 points meetpateltech | 7 comments | | HN request time: 0s | source | bottom
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code4tee ◴[] No.45105551[source]
Impressive round but it seems unlikely this game can go on much longer before something implodes. Given the amount of cash you need to set of fire to stay relevant it’s becoming nearly impossible for all but a few players to stay competitive, but those players have yet to demonstrate a viable business model.

With all these models converging, the big players aren’t demonstrating a real technical innovation moat. Everyone knows how to build these models now, it just takes a ton of cash to do it.

This whole thing is turning into an expensive race to the bottom. Cool tech, but bad business. A lot of VC folks gonna lose their shirt in this space.

replies(7): >>45105789 #>>45105933 #>>45105952 #>>45105968 #>>45106173 #>>45109023 #>>45115194 #
1. dcchambers ◴[] No.45105789[source]
And unfortunately, the amount of money being thrown around means that when the bottom falls out and its revealed that the emperor has no clothes, the implosion is going to impact all of us.

It's going to rock the market like we've never seen before.

replies(3): >>45105970 #>>45106114 #>>45108243 #
2. jononor ◴[] No.45105970[source]
Hope it stays long enough to build up serious electricity generation, storage and distribution. Cause that has a lot of productive uses, and has historically been underdeveloped (in favor of fossile fuels). Though there will likely be a squeeze before we get there...
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3. nathan_douglas ◴[] No.45106114[source]
It'd be an interesting time for China to invade Taiwan.
4. m101 ◴[] No.45108243[source]
Why is this downvoted when it's spot on.. if reality < expectations so much money is sitting on extremely quickly depreciating assets. It will be bad. Risk is to the downside.
replies(1): >>45108787 #
5. dcchambers ◴[] No.45108787[source]
Being critical of AI companies on Hacker News is pretty tough these days. Either the majority of people are all-in and want to bury their heads in the sand to the real dangers and risks (economical, psychological, etc) or there's just lots of astroturfing going on.
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6. axus ◴[] No.45109785[source]
The electricians in data center country report they are earning a lot of money.
7. aoeusnth1 ◴[] No.45111440{3}[source]
All of the top upvoted comments are calling or implying this is a bubble. It seems to me the majority loves to imagine themselves persecuted in their home turf.