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Anthropic accuses Chinese rival Alibaba of illicitly extracting AI capabilities
If your competitor can put out a model that functions really similarly to yours for $2 less per month, and your entire userbase can just leave and move to them... explain to me why investors would want to pump hundreds of billions into your business to be 'first to market'? That's a really dumb thing to admit for Anthropic.
Who is 'first to 100 million users' is utterly irrelevant under a business model where your sole value is Intellectual Property (IP) and that IP can be "illicitly extracted" by a clever competitor without ever hacking into your nextwork or doing anything explicitly illegal.
I've had to explain this to a lot of people who seem to think Anthropic/OpenAI are incredibly valuable companies because "they'll make money long-term so long as they keep being pumped full of it investment cash to be the first to earn a big userbase", but that just doesn't make sense. OpenAI owns no datacenters...zero. Theyre 100% IP. Anthropic "is building" some datacenters, but they exist on paper only so far, so they're also presently 100% IP.
Can this obvious scam just collapse already so I can upgrade my PC without a personal loan?