alt Hacker NewsPrices are moving inference to highly profitable, oAI seems to have solved their training problems, and they're currently competing nicely with Anthropic on the coding side. I'd wait, too -- why fight this stuff out in public when you can stay private and have your big competitor deal with all the public company concerns? There's plenty of capital available in the private markets for them right now.
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Debt cost is high since some time, going public probably is just cheaper.
Anyway, any evidence for "prices are moving inference to highly profitable" because they are still selling $20 for $1 with their subscriptions.
Companies that plan to go public don't push back their IPO dates if things are going well. It's a universal sign that the finances aren't in order when a company pushes back its IPO multiple times.
OpenAI and Anthropic are barely profitable on a "unit" basis when ignoring the costs of marketing and other COSS expenses. They're definitely not profitable on an EBITDA or GAAP basis or they'd already have IPO'd.
> Prices are moving inference to highly profitable
I hate to wave the Wikipedian protester sign, but...
Given that they paused signups for their 20x Max plan, your assessment seems overoptimistic.
Their new Broadcom chips seem cool, and they had a nice model release with Astra. But, that doesn't mean they've solved the profitability question during an era of rapidfire open-weight model releases, extreme memory shortages, and intense political pushback.