- $42 billion net loss in 2025
- $518 billion in infrastructure obligations in the next year
- 1/4 of revenue coming from 2 customers
Revenue growth means nothing if you don't have a viable business plan. Anthropic doesn't have one, except "this thing is more important than Big Bang". I don't discount the possibility that they stay afloat on borrowed money long enough to actually find a way to be profitable / rule the world. But it's nothing other than appeal to consequence right now.
"The near-$42 billion net loss included a roughly $34 billion accounting charge that reflected an increase in the estimated value of financing that could eventually turn into Anthropic shares, rather than money the company spent running its business."
As a member of the working class who believes this money is coming from systemic exploitation of the working classes, I hate it that Anthrhopic can just loose $8 billion like that. Those $8 billion could have been used elsewhere, including to mitigate the effects of the climate disaster, to educate the youth, towards social security, or to increase the wages of the working people who could have used it to pay rent, or go to the cinema, or a family trip to visit their grandma who lives in Wyoming.
2ss•42m ago
-LLMs profoundly change society -The LLM business is mangled in terms of ROIC vs CoC
Such a business already exists - airlines.
This nuance is what many here refuse/find difficult to understand.
CoolestBeans•14m ago
elzbardico•2m ago