What makes you think the API costs are "the true price" and anywhere near their inference costs? Also what percentage of users do you think actually maxes out their subscription?
I suspect they're subsidizing a lot less than people think.
> I suspect they're subsidizing a lot less than people think.
Agreed.
Well they’ve claimed operational profitability on that, and probably aren’t lying as they’re about to IPO…
there are many sources saying that Anthropic has 80% margin (profit) on API tokens