And with both OpenAi and Anthropic are announcing record revenue growth to the point where Anthropic is now profitable this seems like it's going to work out fine for them.
replyUntil they go public, no one will know except insiders, and they are not really talking. Do you want to buy a pink elephant?
replyWould they announce record losses and financial distress?
replyWe'll see when they go public. Until then all these press releases are strategic messaging...
> Would they announce record losses and financial distress?
replyOf course not, but private investors get to see their books and investors are lining up to invest.
He is right about that. Those companies are subsidizing the use of their models and at some point they are going to have to make a profit. It is unsustainable the direction they are currently headed in many people don’t like the messenger of bad news, but someone’s gonna be caught holding the bag stay clear of the blast crater.
reply