Re:Google agrees to invest up to $2B in OpenAI rival Anthropic
by n2d4 on Saturday October 28, 2023 @10:57AM
(#38050291)
The closest equivalent to "AUM" for a company like that would be the market capitalization, not cash reserves, so over 1.5 trillion.
Then again, shareholders usually have less risk tolerance with companies than investors with hedge funds, so the two aren't really comparable either. (But I assume your 1% number is for more risk-averse funds? Hedge funds regularly make much bigger bets than that)
Then again, shareholders usually have less risk tolerance with companies than investors with hedge funds, so the two aren't really comparable either. (But I assume your 1% number is for more risk-averse funds? Hedge funds regularly make much bigger bets than that)