News for hackers. Stuff that matters.

A comment on Alphabet's cash burn raises alarm for Big Tech as AI spending climbs. Parent comment

Re:Alphabet's cash burn raises alarm for Big Tech as AI spen... by wongarsu on Thursday July 23, 2026 @10:31AM (#49022282)
Source? Has Anthropic's annualized revenue not quadrupled in the last 7 months? And OpenAI's annualized revenue quadrupled since January 2025? Which is only unimpressive by comparison to Anthropic's meteoric revenue growth

I'd be with you if you claimed that the revenue hasn't translated into substantial profits. Being able to spend a lot of money to get less money back is not that impressive. But revenue by itself is on a dramatic rise as capabilities improve

[ Parent | on HN ]
Re:Alphabet's cash burn raises alarm for Big Tech as AI spen... by InsideOutSanta on Friday July 24, 2026 @09:41AM (#49035466)
> Anthropic's annualized revenue

That's not a meaningful number, and even if it were, quadrupled isn't nearly enough.

[ Parent | on HN ]