… As of its fundraise last week, Anthropic is being called the world’s most valuable startup, with a post-money valuation of $965 billion. That tops the $852 billion post-money valuation of OpenAI, which is its biggest rival. …
… OpenAI’s most recent funding round gave it a valuation of more than $850 billion. Granted, valuations are more art than science, but it’s also the case that if OpenAI were to IPO with that valuation, it would be valued at 28 times its projected 2026 revenue. …
… Suleyman told The Verge, “There’s a lot of people who are either like chasing startup valuations or about to IPO, so we can operate with a little bit more humility and a little bit more long-term optimization.” He added, “We’ve got the money to be able to buy Anthropic models when we need to. …
… Even as developers fear AI coding tools might spell the end of their careers and livelihoods, the race is on to embrace them as quickly as possible. …
… A piece of the future of the human race? …
… If the stegosaurus paradox isn’t resolved, and the mouth is “too small for the body,” he said, it will lead to write-downs, falling valuations, dried-up financing, and a broad resetting of expectations for AI worldwide. …
… Sam Altman, against the backdrop of Silicon Valley hype culture and startups that balloon to massive valuations based on promises that may or may not come to pass in the future, and an increasing embrace of a founder culture that thinks telling different groups different conflicting things is a fea… …
… Musk writes of his intensifying fears about Google Deepmind’s Hassabis taking over in the AI race. “My probability assessment of OpenAl being relevant to DeepMind/Google without a dramatic change in execution and resources is 0%. …
… This was the big bet for a lot of companies all chasing BuzzFeed’s influence and valuation, and it’s mostly all come crashing down. …