Comment on AI startup Anthropic agrees to pay $1.5bn to settle book piracy lawsuit
Botzo@lemmy.world 4 weeks agoI see. That definitely makes 13B way more sane.
Comment on AI startup Anthropic agrees to pay $1.5bn to settle book piracy lawsuit
Botzo@lemmy.world 4 weeks agoI see. That definitely makes 13B way more sane.
baggachipz@sh.itjust.works 3 weeks ago
They’ve raised $32 billion total. Does it still sound sane?
Botzo@lemmy.world 3 weeks 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 3 weeks 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.
silasmariner@programming.dev 3 weeks ago
What we lose on sales we make up for in volume
Botzo@lemmy.world 3 weeks ago
Just remember that actual profit isn’t important to investors. They’re only here make money on the growth of the investment.
Goddamn parasites.