[GhastBartender]

> my company is spending thousands on Anthropic a month

The problem is that this is simply not enough. They need you to spend tens of thousands, probably closer to hundreds of thousands, before the numbers start making sense.

> At minimum, my company is not part of this circular thing.

You're in the blast radius. And if you don't have a plan for "what if Anthropic hikes the API rates by 10x or worse", you're in the kill zone.

[aurareturn]

Anthropic just made a profit. So it does seem to be enough.

[SecretDreams]

Anthropic and OAI are both looking for 1T valuations. Anthropic is projected* to make $500mil operating profit off 10bil annualized revenue. They need to grow these numbers 10-50x more for the valuation they're seeking to make sense.

Tough pill to swallow given they lack a moat and their compute is being subsidized by the companies they lease it from, all of which are INVESTED in Anthropic and have a desire for their growth story to look good because when they IPO it gives those same investors a better shot at making their money back.

That's the circular aspect of this whole scheme. Nobody makes their money back if the LLM company valuations get more realistic.