“The Series G brings Anthropic’s valuation to $380 billion, one of the largest private rounds in history.”
Three years ago Anthropic was a research lab with thirty people. Today it is a $380 billion company that needs to make $50 billion a year to justify the round. The bet is not that the technology works. The bet is that they are too big to fail and too useful to abandon by the time the music stops. The same bet WeWork made at a fortieth of the valuation.