Anthropic The Latest LLM Round at Nosebleed Valuation

This AI bubble can’t pop soon enough. A $60 billion valuation is approximately 60x revenue for a company that can’t compete with Google nor OpenAI were it not for Amazon’s backing (the same could be said for OpenAI and MSFT). Google is the only company with a frontier LLM that is capable of self-funding from operating cash flow.

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