Was it an investment of actual dollars, or "just" cloud compute credits? Microsoft's investment in OpenAI was over 90% Azure credits, we're told. Which raises the possibility that the whole business is mostly about making your cloud compute business look better than it really is...

Of course it’s probably credits, but it’s still beneficial to both of them — having such huge customers is ideal to stress test your product offering.

Also, just yesterday, they appear to have raised $13B from actual investors, so it seems like they’re going to be fine.

https://www.anthropic.com/news/anthropic-raises-series-f-at-...