> From what I've read, every major AI player is losing a (lot) of money on running LLMs, even just with inference.
> It's hard to say for sure because they don't publish the financials (or if they do, it tends to be obfuscated)
Yeah, exactly. So how the hell the bloggers you read know AI players are losing money? Are they whistleblowers? Or they're pulling numbers out of their asses? Your choice.
Some of it's whistle blowers, some of it is pretty simple math and analysis. Some of it's just common sense. Constantly raising money isn't sustainable and just increases obligations dramatically.. if these companies didn't need the cash to keep operating, they probably wouldn't be asking for tens of billions a year because it creates profit expectations that simply can't be delivered on.