build4 distinct publishers
The $559M-versus-$12.3B quarter matters more than the $65B run rate
Anthropic passed OpenAI on run rate, but the same quarter produced one thin operating profit and one loss about 1.8 times revenue. Those are the unit economics you are buying into.
Publishers:dev.tomezha.netruntimewire.comthe-decoder.com
Perspective Coverage
4 publishers- Builder
- Builder 18%
- Operator
- Operator 20%
- Investor
- Investor 62%
Reality
- Evidence48
- Adoption74
- Hype gap+27
- Incentives78