The first rung of the career ladder at US banks is disappearing, per Bloomberg.
Entry-level jobs at banks have fallen since 2022, while employment in more senior roles has kept growing.
Senior employment has risen about 6.7% while junior roles have fallen about 3%.
Anthropic's new filing reads like a trucking company's books.
1. ~$17B revenue in one quarter.
2. Still an operating loss of $567M.
3. Main reason, in their words: $5.0B of compute under short-term commitments, which "currently costs significantly more" than their multi-year deals.
4. $895B in total commitments, almost all compute and infrastructure.
Freight people know this one.
When loads outrun your contract trucks, you buy spot.
Spot always costs more.
Demand was never the problem. Booking capacity early is the whole game.
@thenowhereway You're right, misread the 12% as a success rate. So the real story...GPT 6.1 Sol at $9.80 for 8.4% might be the sleeper on that chart ๐
@hwchase17 i run both and the line ended up being expiry date. skills stay true for months, memory is stuff like 'he switched handles last week' that goes stale
@OpenAI $172k for a critical bug means the best hacker in the room is now a model with a payout address. The race isn't finding bugs anymore; it's who points the AI at your systems first