Argentina’s AI opportunity

[carride]

"...However, the WSJ reports, it may not remain profitable throughout the year due to the large compute costs it’s scheduled to incur."

Kind of a laughable statement when you think about it. I too will report a profit on June 1st when I get paid, though I may not remain profitable on June 10th when I have to pay my rent.

Yes, good point. Anthropic already knows they have Q3 costs that will put shade on their Q2 profits. US companies often report their performance quarterly if they plan to become public in the future. Those are the rules once that change to a public company . Plus they are already stating their estimate for a profitable year will not happen until 2028. So your point is correct about the short term profits and losses. Though my original point was that the statement, “The largest AI firms are running staggering losses (on the order of billions)”, is outdated news. Ai is quickly evolving with real revenues because, in addition to large customers, real people are paying $100 a month per each of multiple Ai services because those costs allow them to be productive enough to eliminate other costs. I am far from being excited by the hype, and perhaps the bubble will pop, but the technology is real. It beyond the model of “free” services we have grown to know these past years.

Here is the full source posted earlier:

https://www.wsj.com/tech/ai/mind-blowing-growth-is-about-to-propel-anthropic-into-its-first-profitable-quarter-7edbf2f4?st=nnRKgm