[aurareturn]

Personally, I don't worry about profitability in the short term. If Anthropic is adding $15b ARR every single month, and their gross margins are 50%+ (per Dario), profits are inevitable.

The thing I'm most worried about with SpaceX is bundling X.com, xAI with it. I don't want to invest in X.com nor xAI.

Lastly, I don't my money tied to the Elon rollercoaster.

[dminik]

How are the margins 50%+?

There's an article from today where if they double their current revenue to $10.9B they will make ~$500M profit. Maybe I just can't count, but that's a margin of ~5% no?

These numbers should be inference only: https://www.reuters.com/business/anthropic-nears-first-quart...

[vanuatu]

gross margin doesnt include opex, capex, overhead etc

[dminik]

On second thought, is this the reason anthropic is making these gigantic deals (1.2T to xAI, 200B to Google, >100B to AWS, 30B to Azure)? Is it just so that they can claim this is an amortized cost rather than a monthly reccuring operating cost?

[mrweasel]

I understand very little of this, but hasn't OpenAI burned so much money, which it now need to be recouped, making any profit short or long term is mostly a fantasy.

If OpenAI IPOs, then investors will expect a return. OpenAI can't generate that, so they'll be forced to slash R&D, stop datacenter roll outs and layoffs, so what's left? A model that will grow stale in six month, massive commitments and debt?

[tedd4u]

Can't wait to see where they stick the cost frontier model updates in the P&L. Maybe some kind of NRE they can amortize so it's outside of EBITDA?