Are OpenAI and Anthropic Really Losing Money on Inference?

Importance : 4 | # | llm Martin Alderson : I'm only going to look at raw compute costs. This is obviously a complete oversimplification, but given how useful the current models are - even assuming no improvements - I want to stress test the idea that everyone is losing so much money on inference that it is completely unsustainable. Martin makes some rough calculations - starting with deepseek V3…