This doesn't seem to be investment focussed activity, but rather extending Claude credits for education and research. Which is a good thing, independent of other bad things that might be happening.

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colechristensen 2 hours ago | parent [-]

And a sizable tax deduction.

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chadash 2 hours ago | parent | next [-]

IANAA, but pretty sure you can only deduct a donation against business profit. Are you suggesting that Anthropic is running at a profit?

	▲	goodthink 35 minutes ago \| parent [-]
		Net Operating Losses (NOLs) in one year can offset taxes owed in future years. It works for personal taxes too if it's a "casualty" loss.

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yreg 2 hours ago | parent | prev [-]

Who profits from that deduction and how?

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nozzlegear 2 hours ago | parent | next [-]

Anthropic profits from the PR, for one. And they likely hook these institutions on their products in the long term, for two – much like I was "stuck" on Azure until recently, thanks to their free startup credits pointing me to it a decade ago.

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2 hours ago | parent | prev | next [-]

[deleted]

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mikepurvis 2 hours ago | parent | prev [-]

One assumes Anthropic given it's them doing the donating, but you also have to be actually making a profit to be paying tax.

	▲	trollbridge 2 hours ago \| parent [-]
		There are ways one can engage in financial engineering (is "accounting engineering" a term yet?) where despite not making a profit, you segregate a tax break, tax credit, charitable deduction, etc. into some other entity and then can sell that off as an asset that some other business that is making a profit buys and writes off against its own profits.