Since when revenue is meaningless? It’s an indication of market acceptance. Anthropic has one of the most expensive plan, they didn’t undersell other models. Open weight models would otherwise dominate if cost is the only factor.
Also, investment is not money in the bank. They can’t withdraw $100b tomorrow. That means they don’t have to repay until after they got the investment, which is a commitment over several years.
Because at some point, you have to turn a profit. That's why people are wondering the margins, if their revenue is 30B but expenses are 60B with current investment repayment factor in, that means massive revenue increases or massive lowering of expenses are required to make the business profitable. What's the business impact if they do?
> By all accounts they in striking distance of profitability if they wanted.
By their accounts they are in striking distance of profitability. Until they go public all we can do is estimate how much they burn by looking at how quickly they need more capital - this latest investment by Amazon ($5b investment with on $100b returned over 5 years) tells me that their previous raises have been spent.
At a very minimum, to repay the +$100b in investment within a reasonable timeframe, what's the minimum figure they have to bank post-tax each month?