Well, apparently Anthropic became "profitable" last month, because of some 1-time deal with xAI.
I wouldn't bet on either Anthropic or OpenAI being profitable, we'll find out soon enough what this house of cards has inside, as they both want to IPO.
Though with the current US administration, as proven by the SpaceX IPO, laws are mere recommendations.
> That’s $15 billion a year in compute costs, but reduced to an indeterminately-discounted level for the precise months that Anthropic is using to tell investors and the media that it has an operating profit. That operating profit is a result of accountancy rather than any improvements to its business model.
> While I wouldn’t say this is cooking the books, it’s definitely a shiatsu-grade massaging of the numbers. Anthropic has deliberately leaked a quarterly “profit” where it knows it can suppress its costs
Is it a loaded question? If you ask and I reply with a curt "no" and you vanish back into the ether without replying, what does that gain both of us as well as anyone that reads these comments later?
To your point, I'm both not a lawyer and based on what I've read/seen, no, they aren't breaking any laws. But what they're doing is overall very shady.
Fairly sure most of what banks did during the 2008 GFC wasn't illegal either, until we made it illegal. Robbing banks in Minnesota wasn't illegal in Illinois, either, until we made it illegal. Allowing the Titanic to leave with life-rafts for only 50% of its maximum capacity wasn't illegal either, until we made it illegal.
I don't find this reassuring, because Elon's playbook is to force the public to purchase anything of his which doesn't do well on its own. Maybe a nice $1.776 trillion dollar tax funded investment into "unwoke" AI. :D
Yeah, his current playbook is to get the public to fund his Nazi propaganda machine of X + Grok. Letting a billionaire tie that heinous stuff to critical space infrastructure and use 401k money from all Americans to fund it is a criminal indictment of our entire system!
I wouldn't bet on either Anthropic or OpenAI being profitable, we'll find out soon enough what this house of cards has inside, as they both want to IPO.
Though with the current US administration, as proven by the SpaceX IPO, laws are mere recommendations.