AI is an unprecedented money devouring. Anthropic is closing a round of 3.5 billion dollars that triggers its valuation to more than 61,000 million. An astronomical figure for a company with a produce … but that has barely two million monthly active users. And projected income of “only” 1.2 billion for this year.
The numbers do not add up. And that is precisely the issue.
Anthropic’s problem is not the quality of your product. Claude is, in many ways, the most refined market assistant. His security approach and greater ethics, his warmer communication – as warm is his background color as opposed to Chatgpt nuclear – and his ability to hold coherent and deep conversations have made him the favorite of many demanding users.
It is really good. But being the best does not assure you victory in the technology industry. Not even survival.
Openai has 400 million active weekly users because a bestial brand has been built in AI. Google has a kind of Klapauucius, a trick of infinite money thanks to its advertising empire. XAI of Elon Musk takes advantage of the X platform and its own CEO as natural showcases. Microsoft has integrated AI throughout its product ecosystem.
¿Y Anthropic? It has a great product with little distribution. It is the perfect paradox: the best assistant that almost nobody uses.
The history of technology is full of higher products that ended up losing in front of mediocre but better positioned rivals. Betamax was technically superior to VHS. Apple’s Newton anticipated the iPhone for a while but a chestnut was given. Netscape Domino Internet before being crushed by Internet Explorer.
What we are witnessing is A classic standard warwhere the winner will not necessarily be the best product, but that he achieves the critical mass necessary to establish himself as the new standard of the industry.
The uncomfortable reality is that we live in a world, as my said yesterday quate Javier Pastor, con Too many models of AI. Every week a new one arises. Anthropic, Openai, Google, Microsoft, Meta, XAI, Deepseek, Perplexity, Mistral, Alibaba … the list continues to grow. And when the risk capital stops flowing so generously – because at some point it will – many will not survive.
The analyst Ed Zitron expresses it without surroundings: Anthropic “is not a real company, he could not survive without the beneficence of risk capital.” With losses of 5,600 million last year, it is difficult to refute that statement. Zitron omits that living in losses seized to risk capital is the routine of much of the technological industry, but it is not reason.
Anthropic’s strategy seems clear: to position itself as the “most human” alternative against the energy of “Robot God” of Openai. Their demos include warm color corrections, relaxing jazz music and presenters who sound like normal people speaking normal, not as a Chief of o o Head of proclaiming achievements. It is an intelligent approach. Is it enough?
Perhaps the most likely destiny for Anthropic is the acquisition. An excellent product with scarce commercial traction is attractive to giants that seek to improve their own AI offers. Apple, who has not yet shown all its cards in this game, could be a logical buyer, although its shopping history is far from these quantities: its greatest acquisition was that of Beats eleven years ago and paid for it twenty times less than what That is worth now Anthropic.
In this landscape oversaturated with almost indistinguishable models for the average user, the question is not who has the best technology, but who will survive when the money of the venture capital begins to scarce. And in that battle, having the best product is surely not enough.
In WorldOfSoftware | The new Claude 3.7 of Anthropic simplifies what other models complicate. And incidentally program and “reason” like the best
Outstanding image | Anthropic
