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jqpabc123 2 hours ago

Yes, but --- using something they call "adjusted operating income".

This is reportedly a sort of "Enron" accounting which excludes some really big expenses like revenue sharing, the cost of model training and hardware deploymments which are kept off the corporate balance sheet using "special finance vehicles".

https://www.msn.com/en-us/technology/artificial-intelligence...

sigmar an hour ago | parent | next [-]

>This is reportedly a sort of "Enron" accounting which excludes some really big expenses like revenue sharing, the cost of model training and hardware deploymments

source? this seems false. reportedly the adjusted profitability includes inference and amortized training costs

jqpabc123 an hour ago | parent [-]

source?

Listed at the end of my post.

this seems false.

Source showing this in accordance with GAAP (Generally Acceptable Accounting Practices)?

sigmar an hour ago | parent [-]

that says only that the gross margin calculation excludes profit sharing and training. You should read it more carefully

edit: def not gaap profitable or they would have said that to investors. and their stock-based comp is surely astronomically high on paper.

mixdup 2 hours ago | parent | prev [-]

It's really easy to be profitable when you exclude all of your expenses