Anthropic’s $5B, 4-year plan to take on OpenAI
AI models are in a race to the bottom and everybody inside Anthropic knows it. Besides OpenAI, with billions to spend plus a partnership with MS, there's also Google, Apple, Meta and Amazon who can afford to run losses on AI for years without blinking an eye.<p>And if that wasn't enough the Open Source world is releasing new models almost weekly now, for free.<p>Anthropic is putting on a big show to convince gullible investors that there's money to be made with foundational models. There's not. I expect a big chunk of the raised money to go out the door in secondary sales and inflated compensations. Great if you're working at Anthropic. Not great for investors.