Podcast Narrator

Anthropic said in the most boilerplate of fundraising text, With this investment, Anthropic will advance its development of next-generation AI systems, expand its compute capacity, deepen its research in mechanistic interpretability and alignment, and accelerate its international expansion.

Anthropic said in the most boilerplate of fundraising text, With this investment, Anthropic will advance its development of next-generation AI systems, expand its compute capacity, deepen its research in mechanistic interpretability and alignment, and accelerate its international expansion.

Anthropic's valuation has now tripled since their February 2024 Series D. One year ago, the company was valued at $18 billion. The valuation is supported by skyrocketing revenue, which went 10x to hit $1 billion annualized by the end of last year.

Anthropic's valuation has now tripled since their February 2024 Series D. One year ago, the company was valued at $18 billion. The valuation is supported by skyrocketing revenue, which went 10x to hit $1 billion annualized by the end of last year.

Anthropic's valuation has now tripled since their February 2024 Series D. One year ago, the company was valued at $18 billion. The valuation is supported by skyrocketing revenue, which went 10x to hit $1 billion annualized by the end of last year.

Bloomberg sources also suggest that Anthropic have already experienced another 30% revenue boost so far this year with the release of Claude 3.7's sonnet. Certainly, it appears that there are no shortage of buyers for the foundation model companies at these mega rounds. Earlier reports had Anthropic only seeking to raise $2 billion, so it appears that an extra billion and a half was squeezed in.

Bloomberg sources also suggest that Anthropic have already experienced another 30% revenue boost so far this year with the release of Claude 3.7's sonnet. Certainly, it appears that there are no shortage of buyers for the foundation model companies at these mega rounds. Earlier reports had Anthropic only seeking to raise $2 billion, so it appears that an extra billion and a half was squeezed in.

Bloomberg sources also suggest that Anthropic have already experienced another 30% revenue boost so far this year with the release of Claude 3.7's sonnet. Certainly, it appears that there are no shortage of buyers for the foundation model companies at these mega rounds. Earlier reports had Anthropic only seeking to raise $2 billion, so it appears that an extra billion and a half was squeezed in.

The information had previously reported that Anthropic expects to burn $3 billion this year, so this funding round should see them cleanly until 2026, unless, of course, they really step on the gas. All right, now I promised at the beginning of this that there was something interesting about this to me. And it comes from this offhanded tweet from Didi Das, who is a VC at Menlo Ventures.

The information had previously reported that Anthropic expects to burn $3 billion this year, so this funding round should see them cleanly until 2026, unless, of course, they really step on the gas. All right, now I promised at the beginning of this that there was something interesting about this to me. And it comes from this offhanded tweet from Didi Das, who is a VC at Menlo Ventures.

The information had previously reported that Anthropic expects to burn $3 billion this year, so this funding round should see them cleanly until 2026, unless, of course, they really step on the gas. All right, now I promised at the beginning of this that there was something interesting about this to me. And it comes from this offhanded tweet from Didi Das, who is a VC at Menlo Ventures.

Didi writes, Now, of course, the caveat here is that this is just one investor's take. But the fact that he so clearly puts the value of Anthropic as tied to the specific use case of transforming and improving software engineering is really fascinating. If you asked Anthropic, they'd say that they were competing for AGI. Same way that OpenAI would say that.

Didi writes, Now, of course, the caveat here is that this is just one investor's take. But the fact that he so clearly puts the value of Anthropic as tied to the specific use case of transforming and improving software engineering is really fascinating. If you asked Anthropic, they'd say that they were competing for AGI. Same way that OpenAI would say that.

Didi writes, Now, of course, the caveat here is that this is just one investor's take. But the fact that he so clearly puts the value of Anthropic as tied to the specific use case of transforming and improving software engineering is really fascinating. If you asked Anthropic, they'd say that they were competing for AGI. Same way that OpenAI would say that.

Same way that Sergey Brin said that in his recent memo to Google. So the fact that you have one of these investors who's just put a bunch of money back in this company really honing in on this very specific use case is fascinating.

Same way that Sergey Brin said that in his recent memo to Google. So the fact that you have one of these investors who's just put a bunch of money back in this company really honing in on this very specific use case is fascinating.

Same way that Sergey Brin said that in his recent memo to Google. So the fact that you have one of these investors who's just put a bunch of money back in this company really honing in on this very specific use case is fascinating.

Making it more interesting is the fact that it has become increasingly clear that there is really almost no technology moat right now when it comes to the foundation models. Sure, some can be state-of-the-art for a few weeks or even a few months, but after that, everyone catches up. It certainly doesn't seem defensible enough to build a real moat around.

Making it more interesting is the fact that it has become increasingly clear that there is really almost no technology moat right now when it comes to the foundation models. Sure, some can be state-of-the-art for a few weeks or even a few months, but after that, everyone catches up. It certainly doesn't seem defensible enough to build a real moat around.

Making it more interesting is the fact that it has become increasingly clear that there is really almost no technology moat right now when it comes to the foundation models. Sure, some can be state-of-the-art for a few weeks or even a few months, but after that, everyone catches up. It certainly doesn't seem defensible enough to build a real moat around.