Anthropic Raised $10 Billion, But...
Anthropic and OpenAI generate cash by selling equity. Meanwhile, Google funds Gemini and its TPU chip effort with operating cash flow.
Anthropic is raising $10 billion at a $350 billion valuation, which implies a 50x Revenue multiple.
While I prefer Anthropic’s Claude Opus 4.5 model for writing code, Anthropic has to tap the equity …
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