Comment on AI startup Anthropic agrees to pay $1.5bn to settle book piracy lawsuit
yes_this_time@lemmy.world 3 days ago500 million was specific to Claude Code, they are at 5 billion annual run rate and growing
Comment on AI startup Anthropic agrees to pay $1.5bn to settle book piracy lawsuit
yes_this_time@lemmy.world 3 days ago500 million was specific to Claude Code, they are at 5 billion annual run rate and growing
Botzo@lemmy.world 3 days ago
I see. That definitely makes 13B way more sane.
baggachipz@sh.itjust.works 2 days ago
They’ve raised $32 billion total. Does it still sound sane?
Botzo@lemmy.world 2 days ago
5B run rate explains the wild 183B valuation better. The calculus is usually a solid return after 3 years and double or better by 5, so they’re being on something like a 500B valuation by 2030.
And they very likely won’t be profitable in the real sense even then.
baggachipz@sh.itjust.works 2 days ago
The $5B run rate, as I understand it, is smoke and mirrors. Each dollar they make costs them much more than that dollar. Sell it at a loss, but make it up on volume!
Something something efficiency
The models are only getting more expensive to train and run as they increase in complexity.