
16 segments available
In this episode of Invest Like The Best, Patrick O'Shaughnessy sits down with Anthropic CFO Krishna Rao for a fascinating look inside one of the fastest-growing AI companies in the world. Krishna reveals what it takes to manage the lifeblood of generative AI: compute. From procuring gigawatts of processing power across Amazon, Google, and Nvidia, to dynamically allocating it for model training and customer demand, compute dictates Anthropic's future. They explore the company's mind-bending exponential revenue growth, the "cone of uncertainty" in forecasting, and why frontier AI models continue to defy scaling limits. Krishna also shares how Claude is revolutionizing his own internal finance team, Anthropic's unique culture of safety and transparency, and his bold predictions for AI-driven breakthroughs in healthcare. #Anthropic #AI #ArtificialIntelligence #Investing #Technology #Claude #Compute #MachineLearning #VentureCapital #Finance Timestamps: 0:00 Intro 2:38 The Compute Canvas 6:51 The "Cone of Uncertainty" in AI Growth 11:58 Why the Returns to Frontier Intelligence Are So High 16:45 Recursive Self-Improvement 20:20 Scaling Laws 23:30 Sourcing $100 Billion in Compute 28:05 Platform vs. Application Strategy 32:52 Pricing Dynamics 38:48 How Anthropic’s Finance Team Uses Claude 43:24 Raising Capital & Overcoming Investor Skepticism 52:32 Public Perception, Risks, and Government Regulation 57:25 Mythos 1:12:33 What Could Derail the AI Revolution? 1:13:47 Biotech and Healthcare 1:15:31 The Kindest Thing Presented by Ramp: https://ramp.com/invest Sponsored by Vanta, WorkOS, Rogo, and Ridgeline: https://www.vanta.com/invest https://workos.com/ https://rogo.ai/invest https://www.ridgelineapps.com/ ****** Patrick O'Shaughnessy is the CEO of Positive Sum. All opinions expressed by Patrick and podcast guests are solely their own and do not reflect the opinion of Positive Sum. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of Positive Sum may maintain positions in the securities discussed in this podcast. To learn more, visit psum.vc
"Every time we have a new model, there's a set of capabilities that are different. People tend to think about model intelligence as IQ. We think of it kind of differently. Intelligence for us is multi-..."
"a from a position we are today to where we want to go when the business is growing exponentially is to use that compute as efficiently as possible. I would say I spend 30 or 40% of my time on compute ..."
"point in the cone of uncertainty but you've only bought compute for a different point that's where this compute efficiency is something that has it really has helped us out can you bring us into the r..."
"scale, you have to deliver on core capabilities like SSO, skim, arbback, and audit logs. That's where work OS comes in. Instead of spending months building these mission critical capabilities yourself..."
"scaling laws, talent is really important. And that talent with the best models can really accelerate the development of the capabilities. And we're really seeing that. We don't really think about mode..."
"them is, okay, build your product for that because we're going to on the R&D side, you know, improve that over time. And so there is this like connected loop but internally we're always looking at dif..."
"sometimes it's no. But if we can then you know we look at like kind of the economic return on it you know based on what it's priced what duration we have it for you know where it's located what type o..."
"enabling layer of like we're going to provide the reasoning engine and the intelligence and you know world go forth and and build whatever you want you know pay us through the API or or whatever that ..."
"partner oriented. you said before going 9 to 30 in the first quarter. The pace is so insane which makes me wonder about pricing like the the the dynamic of how to price tokens or or you know use of th..."
"collaborations are much deeper than just like procurement. I think that's something that that that's often lost. If you think about our relationship with Amazon, you know, our teams are deeply embedde..."
"more complexity, more headcount, and more risk. Ridgeline offers a better way forward. One unified platform that automates away that complexity across portfolio accounting, reconciliation, reporting t..."
"variable cost over some time period, but really this resource that's so funly utilized, right? we you know run workloads on one day in the morning on a chip for inference and in the afternoon or eveni..."
"care is delivered um to raise our standard of living you know in in the developing world and in places where you know resources are not as plentiful. I think that all of those things are part of the p..."
"what most people have seen and it turns out that a lot of what Tom said during that walk has come to fruition but I remember that as like an early formative thing coming home and being like holy like ..."
"that is really really critical. I think the last piece is to think about you know how the business you know evolves over time and where there might be moments or analoges to things that have happened ..."
"talked about that are probably beyond where where we are today. But I think the the the commonality of it was that, you know, everything is going to happen much quicker than we think and that the the ..."