[rvz]

Like how I have questioned so much ridiculous unjustified valuations in the AI space, with the likes of Perplexity, Stability, Inflection, etc which these AI labs are not making enough money to support themselves.

How is xAI worth $24BN? I bet the reason is because Elon Musk.

But until I see a significant jump in xAI making at least $100M+ a quarter, I don't think that is enough to justify that valuation to even be any where near close to Anthropic.

In fact, this means Anthropic should be worth much more and the majority of other AI companies / labs (excluding OpenAI, Midjourney, Cerebras and Groq) to be worth much less.

To downvoters:

To date as of 2024, Anthropic's valuation is around $15BN - $18BN.

So you are telling me that xAI's valuation is justified and should be worth more than Anthropic?

Care to elaborate and discuss? (Especially if you're an insider.)

[0] https://www.nytimes.com/2024/03/27/technology/amazon-anthrop...

[ml-anon]

Even OpenAI is burning money. There is no way that xAI is worth more than Twitter.

Inflection basically collapsed: the founders and best of the technical team jumped ship to MS. They were massively overvalued and basically produced nothing.

Perplexity and Stability are running on pure social-media grift. Neither will be around long once their entire business model is eaten by the big players at economies of scale they will never manage.

Anthropic is a weird middle ground. They seem to be doing novel and impactful research as well as shipping big performant models. But its still unclear how they end up really making money and justifying their valuation.