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dcreatertoday at 7:49 PM2 repliesview on HN

Why does a company with a seemingly health business model that is already churning profits and doesnt require large CapEx, taking losses to capture users, need to be raising this kind of capital?


Replies

heldridatoday at 9:21 PM

Maybe they want to build their own cloud infrastructure, host open source models themselves as an inference service provider?

iqihstoday at 7:50 PM

i wonder if it's partially because it's not a unique business model and subject to yet another VC-subsidized race to the bottom on things like token prices