Anthropic reportedly preparing for $300B IPO

Re:Anthropic reportedly preparing for $300B IPO by hyperbovine on Wednesday December 03, 2025 @10:00AM (#46135253)

LOL of course they don't want to own Anthropic, else they themselves would be responsible for coming up with the $10s of billions in Monopoly money that Anthropic has committed to pay AMZN for compute in the next few years. Better to take an impressive looking stake and leave some other idiot holding the buck.

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Re:Anthropic reportedly preparing for $300B IPO by rvnx on Wednesday December 03, 2025 @11:47AM (#46136698)

Why would they buy Anthropic when they already have access to all the tech and source-code of Anthropic for free ?

Not only the models but also training data, model architecture, documentation, weights and latest R&D experiments ?

Take an instance -> Snapshot -> Investigate.

Unless they get caught it is not illegal.

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Re:Anthropic reportedly preparing for $300B IPO by dooglius on Wednesday December 03, 2025 @11:53AM (#46136796)

GP is just commenting on the use of a mixed metaphor.

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Re:Anthropic reportedly preparing for $300B IPO by ajkjk on Wednesday December 03, 2025 @12:03PM (#46136949)

hell if passing the buck is the opposite of holding the bag then maybe we should mix em

maybe the full array of options is: pass the hot potato, hold the buck, or drop it like a bag.

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Re:Anthropic reportedly preparing for $300B IPO by SeanAnderson on Wednesday December 03, 2025 @05:27PM (#46141132)

Isn't taking an impressive looking stake, in effect, leaving them holding the buck?

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Re:Anthropic reportedly preparing for $300B IPO by Waterluvian on Wednesday December 03, 2025 @08:37PM (#46142748)

Now I’m no big city spreadsheet man but I bet you “company that owes us billions went belly up” looks better on the books than “company we bought that owes us billions went belly up.”

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Re:Anthropic reportedly preparing for $300B IPO by stingraycharles on Wednesday December 03, 2025 @08:56PM (#46142854)

It’s pretty crazy that Amazon’s $8B investment didn’t even get them a board seat. It’s basically a lot of cloud credits though. I bet both Google and Amazon invested in Anthropic at least partially to stress test and harden their own AI / GPU offerings. They now have a good showcase.

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Re:Anthropic reportedly preparing for $300B IPO by matthewaveryusa on Wednesday December 03, 2025 @10:27PM (#46143481)

This is my thought too. They de-risked any other AI startup from choosing AWS as their platform. If the hype continues AWS will get their 30% margin on something growing like rocket emoji, if they don't at least they didn't miss the boat.

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Re:Anthropic reportedly preparing for $300B IPO by Waterluvian on Wednesday December 03, 2025 @09:09PM (#46142945)

Yeah. I bet there’s a win-win in the details where it gets to sound like a lot of investment for both parties to look good but really wasn’t actually much real risk.

Like if I offered you $8 billion in soft serve ice cream so long as you keep bringing birthday parties to my bowling alley. The moment the music stops and the parents want their children back, it’s not like I’m out $8 billion.

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Re:Anthropic reportedly preparing for $300B IPO by beambot on Thursday December 04, 2025 @12:42AM (#46144175)

Echoes of Enron-style accounting "tricks"...

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Re:Anthropic reportedly preparing for $300B IPO by vasco on Thursday December 04, 2025 @02:14AM (#46144691)

Amazon gave away datacenter time share in exchange for stock in a startup. That has nothing to do with electricity futures and private credit revolvers.

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Re:Anthropic reportedly preparing for $300B IPO by BoorishBears on Thursday December 04, 2025 @04:18AM (#46145477)

They said echoes of the tricks.

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Re:Anthropic reportedly preparing for $300B IPO by vasco on Friday December 05, 2025 @02:58AM (#46157842)

I've read thousands of pages of Enron history, this has nothing to do with it.

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Re:Anthropic reportedly preparing for $300B IPO by stingraycharles on Thursday December 04, 2025 @06:06AM (#46146225)

Why does everybody keep insisting on this “Enron accounting” stuff. LLM companies need shitloads of compute for specialized use case. Cloud vendor wants to become a big player in selling compute for that specialized use case, and has compute available.

Cloud provider gives credit to LLM provider in exchange for a part of the company.

These are really normal business deals.

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Re:Anthropic reportedly preparing for $300B IPO by monero-xmr on Wednesday December 03, 2025 @10:19PM (#46143432)

No! Anthropic goes bankrupt or at least teeters and Amazon buys for pennies

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Re:Anthropic reportedly preparing for $300B IPO by sysguest on Wednesday December 03, 2025 @11:13PM (#46143741)

this might be another possibility -- but why even bother to buy anthropic anyways, if not for the patents?

the talent will move out naturally -- amazon can just scoop up with its bucket (*not s3)

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