Over the weekend I wrote about how forwards on Anthropic common have become a sub-asset class of their own, with their own price discovery, separate from the company’s own mark.
All the numbers, including what Anthropic has itself revealed, are so large and so ridiculous that you cannot tell whether anything is real. Unless we get to the SEC filing for an Anthropic IPO, buying common or contracts at $1 trillion today is buying the press release, not the financials.
Hopefully, Anthropic’s upcoming S-1 filing will bring us some clarity.
https://t.co/zPz6JAvCbw
“…and just before the bubble began to burst, [Thiel] disappeared. He stopped coming to the office and cut off regular contact with his staff and the board. He told a few coworkers he was in Brazil”
Interesting.
AI Dark Output: The Visible Cost of Invisible Output - Evidencing AI output, or evidencing efficiency gains? Both are going to be tough to show/understand, which is why layoffs are easy… https://t.co/D4PaLUWJg5
Interesting take on data centres in space and SpaceX IPO, at a time when most say the economics won’t be viable (at least not without some kind of step-change).
The SpaceX IPO and Data Centers in Space
There isn't a financial model that justifies the SpaceX IPO, but data centers in space are plausible, and that might be enough.
https://t.co/ZiN64VB8Ay
Happy 23rd Birthday WordPress!
On May 27, 2003, web developers Matt Mullenweg and Mike Little created the first version of the open-source content management system called WordPress 0.7.
#WebDesignHistory
Uber’s COO has said that it’s getting “harder to justify” its AI costs because there was no way to show a link between AI spend and any meaningful increase in useful features. This is the first time I’ve seen a company say this directly.
https://t.co/xUhZvtpwah
On May 25, 1995, three web designers - Jeffrey Zeldman, Steve McCarron, and Alec Pollak - created an official website for Batman Forever.
At the time, it was one of the first web projects that used the WWW service as a marketing and visual medium.
#WebDesignHistory
After one month, most partners have each found hundreds of critical- or high-severity vulnerabilities in their software. Collectively… more than ten thousand. Several have told us that their rate of bug-finding has increased by more than a factor of ten. https://t.co/faKeTUlpnu
Let's figure out this phone thing — what it's doing to us, and our kids.
But let's do it by focusing on research rather than intuitions. I just reviewed the latest evidence, and it leads to some pretty interesting (and unexpected) places.
https://t.co/q3KNdVBgNs
Spacex - massive pop to finance liquidity at ridiculous price for those that want/need it, followed by speedy slide back to below launch and retail holding the bag? #itstheipoway#spcx $spcx
Personally most excited about agents for search. On GEO, doubling down on what we’ve always done (build for the user first, the web second, the engine third) and search referrals are rising steadily rising 🙌🏻 https://t.co/9GFO6yJtF1
Google search results can be manipulated by reputation management firms to emphasize positive stories (& minimize the negative ones). Here's how one firm tried to do that for Epstein associate Kathy Ruemmler (free link): https://t.co/h4ERa2LLoD
One government department claims it has saved millions and delivered a better system by moving away from Palantir and building in-house. Interesting
https://t.co/qPNbZrM6Xa