What's the better business model for an AI lab, subscription or API? (1/4)🧵...
People think AI inference margins are a race to the bottom. Anthropic's gross margins were -94% in 2024. MiniMax was -25%. The narrative made sense (1/5)🧵 ...
DeepSeek released another model: this time, it is able to do what most reasoning models can't. Below we explain how they did this 🧵👇 1/6 ...
