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989 points acomjean | 1 comments | | HN request time: 0s | source
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arjunchint ◴[] No.45143425[source]
Wait so they raised all that money just to give it to publishers?

Can only imagine the pitch, yes please give us billions of dollars. We are going to make a huge investment like paying of our lawsuits.

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Wowfunhappy ◴[] No.45143457[source]
From the article:

> Although the payment is enormous, it is small compared with the amount of money that Anthropic has raised in recent years. This month, the start-up announced that it had agreed to a deal that brings an additional $13 billion into Anthropic’s coffers. The start-up has raised a total of more than $27 billion since its founding in 2021.

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1. xnx ◴[] No.45144099[source]
The money they don't pay out in settlements goes to Nvidia.