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KaoruAoiShihoyesterday at 5:17 PM1 replyview on HN

Well they're not public yet so you'll have to put up with rumors. But the numbers are available for companies like DeepSeek say they have an 80% profit margin, so it stands to reason OAI etc would do similar numbers considering they charge much more.


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caminanteyesterday at 7:37 PM

AFAIK,

1. the 80% margin from 2025 was theoretical,

2. they're relying on distillation/synthetic data for training,

3. and have been very opaque about cross-subsidization of R&D with their models.

The distillation alone adds a big asterisk for comparisons.

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