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I don't think it's an accounting error when the article title says "Are OpenAI and Anthropic Really Losing Money on Inference?"

And it's a relevant question because people constantly say these companies are losing money on inference.



I think the nuance here is what people consider the “cost” of “inference.” Purely on compute costs and not accounting for the cost of the model (which is where the article focuses) it’s not bad.




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