@eestileib @ilia @osma @raganwald I keep up with the Chinese models and I wish they were as good as your friend states. They are getting closer, and I pay for subs to three or four of the bigger ones. It's promising, but the moat is that you can't use Chinese models at scale if you have any data you can't trust in the hands of their government. I work with several companies that can not use them because of their existing contracts and overall liability.

@ilia @eestileib @osma @raganwald These companies aren't profitable because they are putting all profits back into growth and infrastructure. Look at Anthropic's rise to become the fastest company to hit $1 billion in revenue in history, then $10 billion, and now $30 billion in ~4 months. If they'd stop training new models and doubling their customer base, they would be some of the world's most profitable companies based on the numbers they have shared.

@ilia @osma @raganwald they both had to wait to join the S&P 500 until they both showed a history being profitable and dozens of other factors.

@osma @raganwald @ilia The S&P 500 delists unprofitable companies, and they already stated up front that SpaceX has to show a history of profitability and other factors before it qualifies for consideration.

With them losing $15 to $160 Billion a year, $11 Billion a year is hardly going to bail them out. Even going public does not bail them out in any way that fools the index.