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Are OpenAI and Anthropic losing money on inference?

(martinalderson.com)
507 points martinald | 1 comments | 28 Aug 25 10:15 UTC | HN request time: 0.211s | source
1. softwaredoug ◴[28 Aug 25 15:10 UTC] No.45053183[source]▶
I wonder if there needs to be two different business models:

1. Companies that train models and license them

2. Companies that do inference on models