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Don't all these AI companies run at negative margins? How do they afford to buy all the books in the world? I don't see how these companies are not already ban
by solenoid0937 2mo ago
Don't all these AI companies run at negative margins? How do they afford to buy all the books in the world?
I don't see how these companies are not already bankrupt given how much they subsidize
- gambiting 2mo agoThe same way they can afford to build new data centres - they get investment money.
- imenani 2mo agoRegarding subsidy/profits: Anthropic at least seems to be on track to report a profitable Q2 2026 > Anthropic has projected revenue of at least $10.9 billion for the second quarter of 2026, more than double the previous quarter, on track for its first quarterly operating profit of $559 million. https://www.reuters.com/business/anthropic-ipo-valuation-hinges-190-200-billion-2028-revenue-forecast-sources-say-2026-08-15/ https://www.reuters.com/business/anthropic-ipo-valuation-hin...
- brookst 2mo agoYou should look at the first decade of other capital-intensive companies, like FedEx or spacex. The whole point of investment in private companies is to subsidize u profitable operations. If companies came out the gate being profitable they wouldn’t need investors.
- throw_m239339 2mo ago> How do they afford to buy all the books in the world? You are on a VC website at first place, what question is this?