> OpenAI has told investors and employees this approach inflates Anthropic's reported revenue by billions of dollars, Reuters reported in June. Anthropic told Reuters then that it follows established accounting practices, recognizing gross revenue because it is the “principal” in the transaction.
Obviously, OpenAI has a very large financial incentive to criticize their competitor, but it is kind of interesting that they're choosing specifically to attack them on accounting practices because their own IPO prospectus will surely receive the same scrutiny. One might assume that they'd want to avoid the accounting conversation altogether.
Anthropic's IPO prospectus shows AI vision, surging costs
worik•41m ago
There is not enough money in the world for three trillion dollar AI companies, AFAICT
Then there are the principles claiming that there is a "10% chance" of their products causing human extinction, and continuing in business. Either they are liars, or they have obscenely little human decency
What strange times we are living through
CodingJeebus•37m ago