eeedda

You're delusional lmao.

Default is default.

E.g. Capital leases are treated as debt.

Stop posting nonsense.

My friend you are looking at the wrong number.

Its cash flows to the GPU that matter. Not revenue.

Inference economics only work for those who build on top of the models lol. It should be said that Anthropic and OpenAI suck at product development too - claude for finance, Sora, OpenAI web browser - wtf?

Its difficult for people to accept this because many want the model producers to succeed badly.

SOrry folks...

A good business is measured by the returns it generates.

They do not generate economic profits.

I wouldn't say 'help' the consumer as that makes it seem like things are biased.

The idealistic perfectly competitive markets entail exhausting all gains from trade.

Yes but its growth rates with respect to expenditures, and in particular capital expenditures (R&D etc), which we have no idea about.

Gross margins here are irrelevant: if they can't charge a high enough price to cover all expenditures and rely on cash raised via fund-raises, they are not financially healthy.

Could they be one day? Maybe.

Have more confidence - you are correct.

Their revenue taps, product releases and marketing campaigns were all strategic: to be able to show nice numbers in the financials.

Once they stop playing games with quality of output of these models and revenue's shrink - they will be in deep deep trouble. They are hoping they will conjure up a break through with the IPO proceeds.

Let's see.