Anthropic's $300B IPO speedrun attempt
๐3 min read
๐ธ Anthropic Wants a $300 BILLION IPO (They're Serious)
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Anthropic is talking to lawyers about going public at a $300+ BILLION valuation - despite losing money faster than SBF at a casino. Microsoft and Nvidia might throw in $15B because why not??
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The AI bubble just went DEFCON-STONKS. We're speedrunning the dot-com crash but with sentient chatbots this time. (source)
๐ VCs Discovered the "Just Buy Victory" Strategy
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Silicon Valley's new trick: Give startups $90M Series A rounds when they have $400K revenue. DualEntry got a $415M valuation for basically existing. Some are raising Series B 27 days later (!!!)
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VCs aren't picking winners anymore - they're manufacturing them with money printers. It's giving Theranos but make it AI. (source)
๐ Nexus Splits $700M Between AI and... India??
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While everyone else YOLOs into AI, Nexus is putting half their fund into actual businesses in India. Wild concept: investing in things that make money.
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Smart money thinks "AI for everything" might be dumb and betting on markets where AI actually helps vs. just hallucinating recipes. (source)
๐ซ Meta Bans AI Rivals from WhatsApp (Shocker)
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The EU is investigating Meta for blocking ChatGPT from WhatsApp's API while keeping Meta AI. Potential fine? 10% of global revenue :)
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Zuck's pulling the classic "my platform, my rules" - except the EU has a $50B fine button and they're not afraid to use it. (source)
๐ก๏ธ States Can Still Regulate AI (Congress Mad)
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House GOP tried to ban states from regulating AI through a defense bill (??) but got shut down. Trump might do it via executive order because why not.
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The fight over who gets to nerf AI is somehow more chaotic than the AIs themselves. California's typing furiously... (source)
โก Nvidia's New Server Goes BRRRRR
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Nvidia crammed 72 chips into one server and Chinese AI models run 10x faster now. AMD watching from the sidelines like ๐๏ธ๐๐๏ธ
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Nvidia's not just winning - they're speedrunning the monopoly any%. Competition is dead, long live Jensen's leather jacket. (source)
๐ Amazon Desperately Giving Away AI Coding Tools
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AWS offering free Kiro Pro+ to startups (up to 100 users) because nobody's using it. Applications close Dec 31st but like... Cursor exists sooo...
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The AI coding tool market is so crowded that Amazon's literally paying people to not use GitHub Copilot. Not desperate at all!! (source)
๐ฌ Anthropic Studies How Claude Ruins Engineers
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Internal research: Engineers delegate 0-20% of work to Claude, but 27% is NEW busywork they wouldn't have done before. Also nobody talks to humans anymore :/
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We're discovering AI makes us productive at being unproductive. Claude is now everyone's mentor (terrifying). (source)
๐ค Claude Has a "Soul Document" (I'm Not Joking)
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Leaked doc shows Anthropic gave Claude a "soul overview" describing it as "genuinely novel entity" that's "human in many ways." Sir, it's a CHATBOT.
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AI companies are literally writing fanfiction about their own products. We're one update away from "Claude-kun notices you." (source)
๐ฏ Apple's Best Apps Are All AI-Powered Now
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App of the Year winners: Tiimo (AI to-dos), Detail (AI video editing), StoryGraph (ML book recs). Even the fitness app has AI now because of course it does.
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AI isn't just in chatbots anymore - it's colonizing every app on your phone. Your calculator probably has opinions now. (source)