| ▲ | solenoid0937 2 hours ago | |
Don't all these AI companies run at negative margins? How do they afford to buy all the books in the world? I don't see how these companies are not already bankrupt given how much they subsidize | ||
| ▲ | imenani 2 hours ago | parent | next [-] | |
Regarding subsidy/profits: Anthropic at least seems to be on track to report a profitable Q2 2026 > Anthropic has projected revenue of at least $10.9 billion for the second quarter of 2026, more than double the previous quarter, on track for its first quarterly operating profit of $559 million. https://www.reuters.com/business/anthropic-ipo-valuation-hin... | ||
| ▲ | brookst an hour ago | parent | prev | next [-] | |
You should look at the first decade of other capital-intensive companies, like FedEx or spacex. The whole point of investment in private companies is to subsidize u profitable operations. If companies came out the gate being profitable they wouldn’t need investors. | ||
| ▲ | gambiting 2 hours ago | parent | prev [-] | |
The same way they can afford to build new data centres - they get investment money. | ||