Comment by shimman

Yeah are we all forgetting that VC valuations are based on hope and unicorn farts? Just because you give a company $100 billion doesn't turn it into a $900 billion company. Especially when said company has only generated $5billion in total revenue:

https://www.reuters.com/commentary/breakingviews/anthropic-g...

I really wish I could tell people my LLC is worth $100 million because I sold a 0.0001% stake for $10k but I would be called a fraud; however if I was to gamble with pension funds and make the same claim suddenly I'm a visionary?

Good lord, no wonder people want to torch data centers.