AINeutralFortune Crypto · 5h ago6/10
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Half of Google’s and Amazon’s ‘blowout AI profits’ came from a stake in Anthropic—not from their actual business
Google and Amazon's recent earnings reports showed substantial gains from unrealized investments in AI startup Anthropic rather than from core business operations. The private company's valuation has become so significant that paper gains on these stakes are materially inflating shareholder value for both tech giants during earnings season.
🏢 Anthropic