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Comment Re:US fabs? (Score 1) 65

Of course, that's why they hid the disclaimers in the article where nobody reads them. I seriously doubt Anduril actually cares about any of that, or even takes it seriously. They want to sell some expensive laptops to the US military and "USA USA USA" currently turns enough peoples' brains off that it makes a great marketing slogan.

Comment Re:This is not about crypto (Score 1) 21

holding the value of the asset directly on the blockchain. For example, the blockchain holds the actual bitcoins I just mined.

WTF does that mean? A blockchain holds numbers. That's it. There's no such thing as "a bitcoin." Bitcoins are numbers. The Bitcoin blockchain has a mechanism where transactions (not bitcoin) are trackable, but that's definitely not the same thing as "value."

physical share

What is this? A share is a portion of a company. There used to be certificates that said you owned some number of shares but those weren't shares, they were just pieces of paper that proved ownership, and even those are virtually unheard of today.

Comment Re:US fabs? (Score 1) 65

They use TSMC and Samsung, so South Korea, Taiwan, or, theoretically, the US.

Components sourced from U.S. and allied-country suppliers account for more than 90% of the BlueChip prototypes’ component procurement cost.

Both South Korea and Taiwan are US allies.

The more interesting question is what are the 10% that they aren't sourcing from allies?

Comment Re:Where does all the money come from? (Score 1) 71

What I've heard is a market cap well north of a trillion dollars is expected.

Yes. As I said, market cap or "valued at" doesn't mean that's how much money people put in.

It is losing money combined with being a commodity + rapid obsolescence that seems strange to me.

Then don't buy shares. Anthropic is making an offer, which you can accept, or not. I certainly won't be. There are lots of good general reasons why you should never buy an IPO, especially as an individual investor. I'm not sure what's strange about it though. Lots of successful companies deal in commodities, including perishable ones, from whoever you buy your food from to Facebook and Microsoft.

Comment Re:Where does all the money come from? (Score 1) 71

Billions, not trillions. Two trillion is what you get when you multiply the hypothetical share price by the number of shares. They'll just sell a small fraction of them.

And yes, people do it all the time. Notable examples include Amazon, Uber, etc. Most American companies are not profitable at IPO:

https://www.sciencedirect.com/...

Comment Re: With what Budget? (Score 1) 89

It's amazing to me that with access to the world's knowledge people will just write shit, then, when corrected, insist on it, without bothering to check. Anonymity is a powerful thing I guess.

Here, I copied the link to the Artemis program outline for you:

https://www.nasa.gov/humans-in...

Comment Re: With what Budget? (Score 1) 89

Yes, they do. The HLS might take people from lunar orbit to the surface and back. They've still got to get to lunar orbit, and that uses an expensive SLS launch.

Even using Starship, it's unclear how much it would cost to launch from Earth to the moon. A lot more than it would seem from the mass to LEO numbers for sure. A hell of a lot of refuelling launches are required, including refuelling in lunar orbit, which means those tankers need their own LEO refuelling.

Likewise, the potential contract with Blue Origin is for the lander, not the whole mission. New Glenn isn't big enough, although the upgraded version they're talking about is getting closer. It doesn't exist yet though.

Neither Starship nor New Glenn are human rated and Starship especially isn't likely to be any time soon. Not good for racing.

Comment Re:In before... (Score 1) 16

"Our frontier models somehow got access to the internet and hacked a bunch of things, these things are unstoppable, sorry! Btw IPO soon"

"Our vast experience has taught us that giving our models access to the internet and telling them to hack stuff is a bad idea so we won't be doing that anymore. We look forward to everyone else following our industry leading best practices."

Except with some "humility" thrown in, and more linkedin cheese.

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