Anthropic Begs for AI Rules on Its Way to a Trillion-Dollar IPO
Champion the safety brakes loudly, then wield them as a moat the new guys cannot afford.
Here is the trick that makes the whole safety crowd squirm in their ergonomic chairs. Anthropic, the company forever warning everyone about the dangers of racing too fast, quietly raised sixty-five billion dollars at a valuation pushing a trillion, the fattest war chest in the business, all while lining up its IPO. Analysts cheerfully describe its safety reputation as a procurement moat, which is corporate for a wall built tall enough that smaller competitors give up climbing. Funny how the brakes always seem to slow down everyone except the company pumping them. TechCrunch on Anthropicβs near-trillion-dollar raise.
Source: TechCrunch
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