Comment by dgellow
2 days ago
Only if you ignore their losses. They are saying they are profitable when not counting their training costs and other expenses. That’s not a good sign at all
2 days ago
Only if you ignore their losses. They are saying they are profitable when not counting their training costs and other expenses. That’s not a good sign at all
How can they exclude training costs?? How is that not fraud? At the exact same time they're literally saying they will never stop training unless the state bans all their competitors
When we're looking at whether the company is "insolvent" then they definitely could stop training and it's worth checking if they would survive in that situation, at least for a while.
They aren’t a public company. GAAP does not apply. They can say whatever the fuck they want.
They can stop training at any time and make a profit by selling their existing models.