[827a]

> Outside of OpenAI, Anthropic and Anysphere (which makes AI coding app Cursor), there are no Large Language Model companies — either building models or services on top of others' models — that make more than $500 million in annualized revenue (meaning month x 12), and outside of Midjourney ($200m ARR) and Ironclad ($150m ARR), according to The Information's Generative AI database, and Perplexity (which just announced it’s at $150m ARR), there are only twelve generative AI-powered companies making $100 million annualized (or $8.3 million a month) in revenue. Though the database doesn't have Replit (which recently announced it hit $100 million in annualized revenue), I've included it in my calculations for the sake of fairness.

I think this is among the most unhinged paragraphs I've ever read in my entire life. It deeply, metaphysically, struggles to frame what its presenting in a bad light, but the data is so overwhelmingly positive that it just can't do it.

"Ugh, there's only twelve companies basically none of which existed two years ago making over a hundred million dollars in revenue. What a failure of an industry. And only three of them are making a half a billion? What utter failures. See, no one is using any of this stuff!!"