Gabriele SveltoI have never seen a graph explain more clearly what's going and why it's completely unsustainable (and this is just cash-flow, it doesn't take into account the rapidly climbing debt!).
domi@gabrielesvelto
The debt thing is not true for all mag7 or wannabe ai players tho
(Edit: to be clear, consensus seems to be that spacexai is a scam/rugpull, while openai and cohorts are junk, financially speaking. Antropic had one good massive earning, dubious how the next one will go. The mag7s are massively exposed to this but at least they are burning cash they actually earn and have)
Claudius@domi @gabrielesvelto Anthropic did some creative accounting. They got a freebie month from SpaceX while selling Prepaid Tokens that they will have to honour in future months. Here's some more detail about that: https://www.wheresyoured.at/anthropics-profitability-swindle/
Anthropic's "Profitability" Swindle
Yesterday, the Wall Street Journal ran a story about how Anthropic is “about to have its first profitable quarter,” specifically an operating profit, or EBITDA profitability: Anthropic’s revenue is set to more than double to $10.9 billion in the second quarter, an explosive rate of growth that will