• Botzo@lemmy.world
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        15 hours ago

        $500 million in run-rate revenue

        Absolutely astounding that they can raise $13B on a sixth round of funding on that.

        For the less finance jargon savvy, “run-rate revenue” just means projected annual revenue.

        All this means they spent 3 years of revenue to make this go away.

        Absolutely not a profitable business lol.

    • Alphane Moon@lemmy.world
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      16 hours ago

      Monopoly money using image generation ML tech for the design. Special partnership with HP for printing these notes.

    • dinckel@lemmy.world
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      16 hours ago

      Wouldn’t doubt it for a second. They create a product they can easily gaslight all the corporate chumps into buying, and by the time they realize there’s 0 roi on it, it’s already too late

        • panda_abyss@lemmy.ca
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          14 hours ago

          If I could pirate a bunch of content then pay back only 10% of the value while pocketing the rest I’d be thrilled

          • Dave.@aussie.zone
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            12 hours ago

            This is just the cost of doing business for Anthropic.

            No particular material harm to the business. Declare the matter settled, everything is fine and dandy, and now they have carte blanche to rape and pillage the next village dataset.