3 ms·

Well, apparently Anthropic became "profitable" last month, because of some 1-time deal with xAI. I wouldn't bet on either Anthropic or OpenAI being profitable,

by oblio 5mo ago

Well, apparently Anthropic became "profitable" last month, because of some 1-time deal with xAI. I wouldn't bet on either Anthropic or OpenAI being profitable, we'll find out soon enough what this house of cards has inside, as they both want to IPO. Though with the current US administration, as proven by the SpaceX IPO, laws are mere recommendations.

loandbehold 5mo ago
Anthropic is paying xAI, not other way around.
- oblio 5mo ago
  > That’s $15 billion a year in compute costs, but reduced to an indeterminately-discounted level for the precise months that Anthropic is using to tell investors and the media that it has an operating profit. That operating profit is a result of accountancy rather than any improvements to its business model. > While I wouldn’t say this is cooking the books, it’s definitely a shiatsu-grade massaging of the numbers. Anthropic has deliberately leaked a quarterly “profit” where it knows it can suppress its costs https://www.wheresyoured.at/anthropics-profitability-swindle/ https://www.wheresyoured.at/anthropics-profitability-swindle... It turns out, there are many ways to skin a financial cat.
philipallstar 5mo ago
> Though with the current US administration, as proven by the SpaceX IPO, laws are mere recommendations. Are they breaking laws?
- oblio 5mo ago
  If you can write the laws, nothing is illegal. This argument isn't as strong as you think it is.
  - philipallstar 5mo ago
    I'm asking a question, not making an argument.
    - oblio 5mo ago
      > I'm asking a question, not making an argument. Is it a loaded question? If you ask and I reply with a curt "no" and you vanish back into the ether without replying, what does that gain both of us as well as anyone that reads these comments later? To your point, I'm both not a lawyer and based on what I've read/seen, no, they aren't breaking any laws. But what they're doing is overall very shady. Fairly sure most of what banks did during the 2008 GFC wasn't illegal either, until we made it illegal. Robbing banks in Minnesota wasn't illegal in Illinois, either, until we made it illegal. Allowing the Titanic to leave with life-rafts for only 50% of its maximum capacity wasn't illegal either, until we made it illegal.
      - whattheheckheck 5mo ago
        So many elon shills J. ust A. sking Q. uestion -ing off
        cindyllm 5mo ago
        [dead]

by oblio 5mo ago

loandbehold 5mo ago

Anthropic is paying xAI, not other way around.

oblio 5mo ago
> That’s $15 billion a year in compute costs, but reduced to an indeterminately-discounted level for the precise months that Anthropic is using to tell investors and the media that it has an operating profit. That operating profit is a result of accountancy rather than any improvements to its business model. > While I wouldn’t say this is cooking the books, it’s definitely a shiatsu-grade massaging of the numbers. Anthropic has deliberately leaked a quarterly “profit” where it knows it can suppress its costs https://www.wheresyoured.at/anthropics-profitability-swindle/ https://www.wheresyoured.at/anthropics-profitability-swindle... It turns out, there are many ways to skin a financial cat.

philipallstar 5mo ago

> Though with the current US administration, as proven by the SpaceX IPO, laws are mere recommendations. Are they breaking laws?

oblio 5mo ago
If you can write the laws, nothing is illegal. This argument isn't as strong as you think it is.
- philipallstar 5mo ago
  I'm asking a question, not making an argument.
  - oblio 5mo ago
    > I'm asking a question, not making an argument. Is it a loaded question? If you ask and I reply with a curt "no" and you vanish back into the ether without replying, what does that gain both of us as well as anyone that reads these comments later? To your point, I'm both not a lawyer and based on what I've read/seen, no, they aren't breaking any laws. But what they're doing is overall very shady. Fairly sure most of what banks did during the 2008 GFC wasn't illegal either, until we made it illegal. Robbing banks in Minnesota wasn't illegal in Illinois, either, until we made it illegal. Allowing the Titanic to leave with life-rafts for only 50% of its maximum capacity wasn't illegal either, until we made it illegal.
    - whattheheckheck 5mo ago
      So many elon shills J. ust A. sking Q. uestion -ing off
      - cindyllm 5mo ago
        [dead]