5 days⢀⣠⣾⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⠀⠀⠀⠀⣠⣤⣶⣶ ⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⠀⠀⠀⢰⣿⣿⣿⣿ ⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣧⣀⣀⣾⣿⣿⣿⣿ ⣿⣿⣿⣿⣿⡏⠉⠛⢿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⡿⣿ ⣿⣿⣿⣿⣿⣿⠀⠀⠀⠈⠛⢿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⠿⠛⠉⠁⠀⣿ ⣿⣿⣿⣿⣿⣿⣧⡀⠀⠀⠀⠀⠙⠿⠿⠿⠻⠿⠿⠟⠿⠛⠉⠀⠀⠀⠀⠀⣸⣿ ⣿⣿⣿⣿⣿⣿⣿⣷⣄⠀⡀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⢀⣴⣿⣿ ⣿⣿⣿⣿⣿⣿⣿⣿⣿⠏⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠠⣴⣿⣿⣿⣿ ⣿⣿⣿⣿⣿⣿⣿⣿⡟⠀⠀⢰⣹⡆⠀⠀⠀⠀⠀⠀⣭⣷⠀⠀⠀⠸⣿⣿⣿⣿ ⣿⣿⣿⣿⣿⣿⣿⣿⠃⠀⠀⠈⠉⠀⠀⠤⠄⠀⠀⠀⠉⠁⠀⠀⠀⠀⢿⣿⣿⣿ ⣿⣿⣿⣿⣿⣿⣿⣿⢾⣿⣷⠀⠀⠀⠀⡠⠤⢄⠀⠀⠀⠠⣿⣿⣷⠀⢸⣿⣿⣿ ⣿⣿⣿⣿⣿⣿⣿⣿⡀⠉⠀⠀⠀⠀⠀⢄⠀⢀⠀⠀⠀⠀⠉⠉⠁⠀⠀⣿⣿⣿ ⣿⣿⣿⣿⣿⣿⣿⣿⣧⠀⠀⠀⠀⠀⠀⠀⠈⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⢹⣿⣿ ⣿⣿⣿⣿⣿⣿⣿⣿⣿⠃⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⢸⣿⣿So cool! I don’t think I’ve ever seen a braille image render before.
- vane@lemmy.worldEnglish5 days
They raised $122-123B this year to bring $50 billion revenue, $20B less than expected. Looks like very sustainable business to me. Even if they bring those $68B that’s still 50% burned. Don’t you fucking see it ?
- 5 days
And it’s all because their models are super under-optimised.
You’d think otherwise with how capable Opus and Fable are, but it’s just because the internal harness hides the thinking process, resulting in wildly improved output at the cost of 3-5x more compute being burned.
If they tossed one of the more capable open models in (looking at you, Qwen3.8/Qwen4), those costs would go down a lot.
- vane@lemmy.worldEnglish5 days
Anthropic raised $105B in 2026. $10.9B Q2 revenue. That’s at most $50B revenue per year. It’s still 50% burned. Don’t you fucking see it ?
- givesomefucks@lemmy.worldEnglish5 days
Much bigger deal when you realize they’re talking revenue because there was already zero profits…
In fact, the word “profit” doesn’t appear at all in this article, or most ones about chat or companies
- Xenny@lemmy.worldEnglish4 days
Omg. Watch Ai be the thing that ends capitalism. “Well obviously we cant let profits get in the way of being first to agi”
Who am i kidding they will just leash taxpayers with the burdem like always if they bailout…
- dovahking@lemmy.worldEnglish4 days
Aren’t some datacenters already making nearby residents pay for their electricity bills?
- ExcessShiv@lemmy.dbzer0.comEnglish5 days
Yeah no one here is confusing the two. A lot of people however do seem to miss that to investors (of all sectors, not just AI) running at a deficit is not necessarily something to shy away from. Most companies that are expanding extremely fast are run at deficits because building out a company usually costs more than it initially makes. So if you can show high revenue and in particular YoY growth (and they actually do) being at a deficit is not as big of an issue to investors.
- BassTurd@lemmy.worldEnglish5 days
I think what makes this worse is that their deficits are in the 10s of billions compared to most other startups being in the millions, even if the revenue to expenses ratio is better.
If I start a tech company and I spend 100 million dollars but only pull in 10 million in revenue, that’s not great having a 10:1 expense to revenue ratio and 90 million in debt. In the leaked openAI financials from earlier this year, it was something like 13 billion revenue to 33 billion expenses, or about 3:1 expenses to revenue, which certainly seems better. However, the magnitude in actual costs is so much bigger at that point and the risk so much higher for investors. A billionaire can stand to lose on a 90 mill dollar investment, but it hurts a lot more on a 10 billion dollar investment.
And also, what’s their path to profitablity? The premiere models are already expensive and getting more expensive. They’d have to charge significantly more to start breaking even, and people just won’t pay for that. The cost to continue building and maintaining new DCs is t going to lessen the expenses either. I just think at some point investors are going to realize they aren’t going to get an ROI on their investment and either cut back or drop out all together.
- crank0271@lemmy.worldEnglish5 days
I, too, could make $50 billion in revenue if you gave me $250 billion.
- wewbull@feddit.ukEnglish4 days
I just want it all to go bust so people stop talking to me about how great their sloppified project is. They can all go cry in a corner when Codex and Claude just aren’t there anymore, and they can’t be arsed to do any work for themselves.
- eestileib@sh.itjust.worksEnglish5 days
They couldn’t even do it with an “annualized run rate”!
Next year they’re going to take their highest earning 4 hours and multiply it by 2200.
Let’s hope they go bust this year already! Followed by the other “companies”. Fuck AI. Oh no… Now I’m tRump 's enemy 😂
Flushing money down the toilet, or setting a very large pile of it on fire, would’ve had the same effect of loss while being less environmentally impactful.
