> I think todays latest models would satisfy most users, so it makes me wonder how soon until we can run it on our machines without having to subscribe and with China handing us freebies?

Because of the DRAM shortage, not anytime soon. But if you’re willing to pay for inference somewhere else, Deepseek Flash 4.1 is good enough [1]. It might be going to be extra cheaper soon, too [2].

[1]: https://www.dgt.is/blog/2026-10-07-deepseek-freek-out/

[2]: https://news.ycombinator.com/item?id=50163277

> I think todays latest models would satisfy most users

This reminds me the famous (although unproven) "640K ought to be enough for anybody."

Apple will do it eventually

> $450B of non-cancellable cloud commitments over the next 10 years

Where have I heard about this before? Oh right, months ago by Ed Zitron.

Why leave out the time scales? 16.8B revenue for Q3 of 2026 and planning to spend 518B over 10 years (which would average to 13B quarterly)

There is no direction this can head in other than inevitable enshittification and price increases that invariably push the majority of users towards open weight models

Its revenue grew 12-fold year to year, and 50% just last quarter. Last quarter it reached profitability if you exclude convertibles etc. And if you won’t it is still well on track to be profitable this/next year.

It is actually faring much better than other tech startups ipo’ing over the last 20 years.

Wasn't their previous revenue increase more than twice as big?

That would very much not be great for Anthropic, they need to be accelerating growth to keep valuation, doubly so as interest rates on corporate bonds continue to rise.

It’s actually not great, that’s a slowdown

The corporate partners, who are also often investors, and have an interest in ensuring the world sees genAI as utterly required.

Microsoft, SK Group, Meta, Google, Oracle, etc.

“The vast majority of this year's net loss, $72 billion, resulted from accounting charges tied to changes in the value of convertible notes and other instruments the company issued to raise funding, the Journal report said.”

Interesting, would love to know the details of this.

This is from the article by the wall street journal:

https://imgur.com/a/XRPOXLa

Total loss is about 96 billions, they deduced the top (~16 billions) from the bottom to get the net loss (~80 billions). What is "Other Expenses" here? The article says nothing about that. I am not sure to get this right.

It can be two things!

just use xhigh setting to support them through this AI winter brrrrr.

they are obviously a con ( opinion). look at last slop report. opus 5.5 gets _worse_ when u put higher attention settings. u get banned for using better harnesses etc. etc.

they could do really well. a lot of avid supporters. But i think if they do not change their tactics then openAI, GLM for those who can run it, or others, might start taking even those (pardon my french) religious fans.

Do you have evidence that Reuters is misleading? Please prove it, otherwise this is just hearsay

How are you going to find trustworthy financial statements of a company that's private and can cherry pick what they release?

its not a public company, there's no s1 or 10q to read

Terrible post.

Trying to be sure I get this straight. This would be convertible notes, which are kind of like bonds that were issued earlier on which get returned as some amount of stock/equity, but that amount can change because the value of the company early on can be pretty uncertain. Right?

So the "loss" happens, because they were issued assuming one company valuation before, but the company is worth a lot more now, so the equity exchange on the conversion is now more "expensive", and thus a loss? But ultimately it just means the earlier investors are getting their equity cheaper than what an equivalent would be worth today, right?

Sounds like not too bad of a problem to have if I'm understanding things right. It implies Anthropic is worth more than expected, so they should have potentially received more money back in the day, but the whole point of those convertible notes is the future value is highly speculative. In the end if that's your problem, its because you're potentially crushing it harder than expected at least from a valuation viewpoint.

Anyone please correct me if I'm wrong. I am not in finance, and am definitely looking to learn and understand more.