Comment by bigyabai

They aren't struggling. They have generally outperformed all US open-weights model releases by a decent margin. OpenAI and Anthropic have no similar product.

From where I'm standing, as an American, we should be shaming OpenAI and Anthropic for both pushing towards an IPO while neither of them have profitable revenue streams. In pure game-theory terms, you could successfully argue that the US is the biggest loser of the AI race: an economy propped up on artificial Nvidia margins and terminally reliant on neoliberal trade.

Even if global war doesn't tear down the TSMC house of cards, neither the government, the banks, nor the global economy could underwrite an OpenAI IPO. They make no money!