Well, apparently Anthropic became "profitable" last month, because of some 1-time deal with xAI.
I wouldn't bet on either Anthropic or OpenAI being profitable, we'll find out soon enough what this house of cards has inside, as they both want to IPO.
Though with the current US administration, as proven by the SpaceX IPO, laws are mere recommendations.
> That’s $15 billion a year in compute costs, but reduced to an indeterminately-discounted level for the precise months that Anthropic is using to tell investors and the media that it has an operating profit. That operating profit is a result of accountancy rather than any improvements to its business model.
> While I wouldn’t say this is cooking the books, it’s definitely a shiatsu-grade massaging of the numbers. Anthropic has deliberately leaked a quarterly “profit” where it knows it can suppress its costs
I think there are around 7 people who pay for a grok subscription.
Well, apparently Anthropic became "profitable" last month, because of some 1-time deal with xAI.
I wouldn't bet on either Anthropic or OpenAI being profitable, we'll find out soon enough what this house of cards has inside, as they both want to IPO.
Though with the current US administration, as proven by the SpaceX IPO, laws are mere recommendations.
Anthropic is paying xAI, not other way around.
> That’s $15 billion a year in compute costs, but reduced to an indeterminately-discounted level for the precise months that Anthropic is using to tell investors and the media that it has an operating profit. That operating profit is a result of accountancy rather than any improvements to its business model.
> While I wouldn’t say this is cooking the books, it’s definitely a shiatsu-grade massaging of the numbers. Anthropic has deliberately leaked a quarterly “profit” where it knows it can suppress its costs
https://www.wheresyoured.at/anthropics-profitability-swindle...
It turns out, there are many ways to skin a financial cat.
> Though with the current US administration, as proven by the SpaceX IPO, laws are mere recommendations.
Are they breaking laws?
If you can write the laws, nothing is illegal. This argument isn't as strong as you think it is.