Comment on AI startup Anthropic agrees to pay $1.5bn to settle book piracy lawsuit

• baggachipz@sh.itjust.works ⁨1⁩ ⁨month⁩ ago

  They’ve raised $32 billion total. Does it still sound sane?

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  • Botzo@lemmy.world ⁨1⁩ ⁨month⁩ 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.

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    • baggachipz@sh.itjust.works ⁨1⁩ ⁨month⁩ 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.

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      • silasmariner@programming.dev ⁨1⁩ ⁨month⁩ ago

        What we lose on sales we make up for in volume

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      • Botzo@lemmy.world ⁨1⁩ ⁨month⁩ 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.

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