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NullifyNAN | 7 months ago
https://www.reuters.com/technology/chinas-deepseek-claims-th...
These companies are unprofitable because of balance sheet shenanigans. See “Hollywood Accounting”.
There is absolutely no way they are not turning massive profit. They are serving relatively similar models to open source at 5-50x the price.
GLM 2.5 is $0.60 in, $2.20 out and it’s basically equivalent to Claude Opus.
Opus is $15 in and $75 out.
No way they’re operating at a massive loss.
hansmayer|7 months ago