[soared]

Anthropic founder described it as: if each model were a company, they be hugely profitable. It looks bad since when the model you trained in 2024 is generating net positive revenue, you’re also training a more expensive model for 2025 that won’t generate revenue until then. So currently, they’re always burning more cash than they’re bringing in, under the expectation that every model will increase revenue even more. Who knows how long that lasts, but it’s working so far.

Paraphrase is from the podcast he was in with the stripe founder, cheeky pints I think

[janalsncm]

Which is not a good comparison because the LLMs are products not companies. If they are companies, they are competing against each other for revenue.

If I switch from Gemini Pro to Opus, that is good for Anthropic. If I switch from Opus 4 to 4.1, that’s not as good for Anthropic.

Sad that these CEOs can get away with this level of sophistry.