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The fact that Anthropic models are offered at the same API pricing by not just themselves but AWS, Azure and Vertex despite Anthropic taking a major slice on licensing along with the cost an open weight 1T parameter model like K2.6 costs to run on any third-party provider, make it unlikely that API inference cost are subsidized by the labs.
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Openrouter? i.e. Even excluding Deep Seek inference for very large open models is way cheaper. Maybe these providers are not very profitable but its highly unlikely that they are losing $4 for every $1 they make since selling inference is their only product...
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Yes; they ban various uses of their subscriptions but say you can do whatever if you’re paying for the API without limits
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That's just market segmentation and them trying to maximize revenue it doesen't really say anything about their costs.
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That's not evidence. Very likely though, but the only evidence we get one way or another is when they IPO.
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This story isn't about those subscriptions - enterprise customers like Uber are paying the full API prices.
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