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> Anthropic is up to $30B annual recurring revenue. I wish I had failing business models like that.

And profit? A company can have $300B annual revenue, and still be a failing business if it's making a loss.

Somewhere along the line we seem to have forgotten this basic fact. Eventually there will be no more rounds of funding to feed the fire.



Anthropic has raised $64B in total since they were founded.

Even if you say we are going to measure profit in the very special hacker news way of looking at money taken in from customer revenue against money invested and we say they can't do things like counting building data centers or buying GPUs as capital expenses and instead have to count them against profit then in 2 years time they will have made more money than they have taken in investment.

That is extraordinary.


The numbers are indeed extraordinary. But I still don't agree with this statement.

> ...in 2 years time they will have made more money than they have taken in investment.

In two years' time they will have generated more revenue, that is not the same as "making money."


Costs can always be optimized, revenue is much harder to optimize.




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