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matwoodtoday at 10:35 AM2 repliesview on HN

Anthropic has raised $130B. It's a bit more than selling a share to your mate for $1.


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Matltoday at 10:51 AM

Yes, it's like selling a share to a group of mates who hear from their mates that AI is hot so they want in. Still does nothing for the profit not being there to pay those investors back in any other way than via new investors (ie pension funds).

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kmbfjrtoday at 1:40 PM

Is it when X is clearly engaging in creative financial engineering with a goal of maximizing their value.