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Anthropic reaches valuation of $965bn, beating OpenAI to become world’s most valuable AI firm
(www.theguardian.com)
This is a most excellent place for technology news and articles.
Still flowing into the industry? Isn't it circular investment? As far as I understand it's very reminiscent of a Ponzi-scheme where an investment in A is paid by a loan guaranteed by an investment in B, which again is money gained by hardware purchases in C which is the company that invested in A.
So many parallels with the dot-com bubble and so much FOMO.
But the computer hardware shortage / price skyrocketing caused by the AI bros is a really bad extra.
If this bubble bursts the hardware market will be... interesting to say the least
Wen consumer mainboards with HBM?

Interesting
amazing what PR theatre does for a company
And nothing of value was gained.