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by applfanboysbgon 28 days ago
2B+ in revenue on hundreds of billions in investments and future commitments is completely worthless. Anybody can turn $100b into $2b, that's not a fucking accomplishment. And to the extent that something is driving any revenue, it is the model, not the TUI. Any success Claude is having is despite the godawful TUI, not because of it.
2 comments
NitpickLawyer 28 days ago
claude.ai (their chatgpt equivalent) was nowhere before cc came about. CC was coded in a few weeks by people, then a few months by people + cc, then mostly cc take the wheel. It is without a doubt the main reason why they're successful. It is also the main reason why their coding models are as good as they are. They've incorporated the early data into their training recipes, and evolved model + harness together.
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robryan 28 days ago
They appear to be lining up a funding round at a $900 billion dollar valuation. Or to be more conservative they already raised at $380 billion. A long way from worthless.
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shimman 28 days ago
Yeah are we all forgetting that VC valuations are based on hope and unicorn farts? Just because you give a company $100 billion doesn't turn it into a $900 billion company. Especially when said company has only generated $5billion in total revenue:

https://www.reuters.com/commentary/breakingviews/anthropic-g...

I really wish I could tell people my LLC is worth $100 million because I sold a 0.0001% stake for $10k but I would be called a fraud; however if I was to gamble with pension funds and make the same claim suddenly I'm a visionary?

Good lord, no wonder people want to torch data centers.

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