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