Sometimes I wonder how companies like Amazon arrive at those numbers? Why 2.7 billion? Why not 1 billion or 3 billion? I am very curious in this case why that number is the sweet spot that ensures optimal returns.
> The tech and cloud giant said Wednesday it would spend another $2.75 billion backing Anthropic, adding to its initial $1.25 billion check.
I think the OP was expecting something like "we value the company at 8 billions because reasons, so we want to fund for half of it" or something like that.