Yogthos
Yogthos boosted

"- OpenAI and Anthropic both lose billions of dollars a year after revenue, and their stories do not mirror any other startup in history, not Uber, not Amazon Web Services, nothing. I address the Uber point in this article.

- SoftBank is putting itself in dire straits simply to fund OpenAI once. This deal threatens its credit rating, with SoftBank having to take on what will be multiple loans to fund the remaining $30 billion of OpenAI's $40 billion round, which has yet to close and OpenAI is, in fact, still raising.

- This is before you consider the other $19 billion that SoftBank has agreed to contribute to the Stargate data center project, money that it does not currently have available.

- OpenAI has promised $19 billion to the Stargate data center project, money it does not have and cannot get without SoftBank's funds.

- Again, neither SoftBank nor OpenAI has the money for Stargate right now.

- OpenAI must convert to a for-profit by the end of 2025, or it loses $20 billion of the remaining $30 billion of funding. If it does not convert by October 2026, its current funding converts to debt. It is demanding remarkable, unreasonable concessions from Microsoft, which is refusing to budge and is willing to walk away from the negotiations necessary to convert.

- OpenAI does not have a path to profitability, and its future, like Anthropic's, is dependent on a continual flow of capital from venture capitalists and big tech, who must also continue to expand infrastructure.

Anthropic is in a similar, but slightly better position — it is set to lose $3 billion this year on $4 billion of revenue. It also has no path to profitability, recently jacked up prices on Cursor, its largest customer, and had to put restraints on Claude Code after allowing users to burn 100% to 10,000% of their revenue. These are the actions of a desperate company."

https://www.wheresyoured.at/the-haters-gui/

#AI#GenerativeAI#OpenAI#Anthropic#ChatGPT#Claude#AIBubble#AIHype#SoftBank#StarGate

💥 The upcoming AI collapse

「 is one of the most dramatic and aggressive price increases in the history of software, with effectively no historical comparison. No infrastructure provider in the history of Silicon Valley has so distinctly and aggressively upped its prices on customers, let alone their largest and most prominent ones, and doing so is an act of desperation that suggests fundamental weaknesses in their business models 」

https://www.wheresyoured.at/anthropic-is-bleeding-out/

#anthropic #openai #vibecoding

One example widely shared on social media — & which Willison duplicated — asked #Grok to comment on the conflict in the #MiddleEast. The prompted question made no mention of #Musk, but the #chatbot looked for his guidance anyway.

As a so-called reasoning model, much like those made by rivals #OpenAI or #Anthropic, #Grok4 shows its “thinking” as it goes through the steps of processing a question & coming up with an answer.

#tech#MediaLiteracy #bias

Apple is considering using AI technology from Anthropic or OpenAI to power a new version of Siri, sidelining its own in-house models in a potentially blockbuster move aimed at turning around its flailing AI effort. https://www.japantimes.co.jp/business/2025/07/01/tech/apple-anthropic-openai-siri/?utm_medium=Social&utm_source=mastodon #business #tech #apple #anthropic #openai #ai #chatgpt #tech