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I kinda assumed they wouldn't need any money because AI companies give them free credits to evaluate the models, and users ask questions and rate for free becau

I kinda assumed they wouldn't need any money because AI companies give them free credits to evaluate the models, and users ask questions and rate for free because they get to use decent AI models at no cost... Beyond that there is coding up a web page, which as we all know can be vibe coded in a few hours... What else is there to spend money on?

c0balt 10mo ago
They don't need to spend extensively for tokens, but they gain extensively from charging for access once they've become an established player.
- utopcell 10mo ago
  But the question was: what do they need $250m for?
  - bdangubic 10mo ago
    everyone needs $250mil :)
  - fuddle 10mo ago
    "so that we can move even faster to build new features and improve our product experience for all our users" https://news.lmarena.ai/series-a/ https://news.lmarena.ai/series-a/
swyx 10mo ago
i asked them this in my interview. tldr they subsidize all inference on their platform https://www.youtube.com/watch?v=NBnOk0Uy9ig&t=70s https://www.youtube.com/watch?v=NBnOk0Uy9ig&t=70s