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Yes, but --- using something they call "adjusted operating income". This is reportedly a sort of "Enron" accounting which excludes some really big expenses lik
by jqpabc123 12d ago
Yes, but --- using something they call "adjusted operating income".
This is reportedly a sort of "Enron" accounting which excludes some really big expenses like revenue sharing, the cost of model training and hardware deploymments which are kept off the corporate balance sheet using "special finance vehicles".
https://www.msn.com/en-us/technology/artificial-intelligence/the-very-big-caveat-to-the-report-that-anthropic-is-profitable-for-a-second-straight-quarter/ar-AA2cbhG0 https://www.msn.com/en-us/technology/artificial-intelligence...
- mixdup 12d agoIt's really easy to be profitable when you exclude all of your expenses
- sigmar 12d ago>This is reportedly a sort of "Enron" accounting which excludes some really big expenses like revenue sharing, the cost of model training and hardware deploymments source? this seems false. reportedly the adjusted profitability includes inference and amortized training costs
- jqpabc123 12d agosource? Listed at the end of my post. this seems false. Source showing this in accordance with GAAP (Generally Acceptable Accounting Practices)?
- sigmar 12d agothat says only that the gross margin calculation excludes profit sharing and training. You should read it more carefully edit: def not gaap profitable or they would have said that to investors. and their stock-based comp is surely astronomically high on paper.