Until the funding stops for one reason or another and then everyone loses all their money at once like a star that collapses into a black hole singularity in a femtosecond.
Wild although not entirely surprising. Congrats, Anthropic.
What if their strategy is this: slowly drive down software stocks, keep talking about AI, buy the downward market. Then cash in on the IPOs of OpenAI and Anthropic.
Then let OpenAI and Anthropic implode. Goldman Sachs had no problems underwriting webvan at the end of 1999, which then imploded in 2000.
Anyway, I just valued my dog at $1 billion post-money. You can buy it at pets.com.
Looks like major uptake from businesses. But all these articles keep saying there isn’t any actual value creation?
Citation needed.
wonder how much of that $30B will make it their way and pay that down