People should really look at cash flow statements instead of just earnings. Anthropic published one and their cash flow was positive for the first half of this year.
That doesn't mean all the circular financing won't be a problem, but people keep drawing the wrong conclusions from the negative earnings, which are relevant to investors but not so much to the viability of the business.
That doesn't mean all the circular financing won't be a problem, but people keep drawing the wrong conclusions from the negative earnings, which are relevant to investors but not so much to the viability of the business.