[greg_V]

They have a 180 million users who are contributing no net revenue but are probably costing them significant amounts.

The math comes down to the fact that they raised enough money to stay in business until they have to raise even more money.

And a 180 mil users might seem like a lot in two years, but with the free media coverage they have... even if their free to premium conversion rate is pretty dismal, the "have you heard about them" to "active free user" rate is also very bad!

[physicsguy]

It’s only got easier to run models locally though, if performance continues to improve on smaller models, something like running ollama locally might be ‘good enough’ for a lot of people.

[petesergeant]

Wonder what the value in training data is of those millions of users.