u/FrankLucasV2

Gift article

The deep version of this (with deal examples, token ROI math, and a checklist for finance teams) is ~46 mins long, so I’ll summarize the core framework here and link the full piece if you want the details (no paywall). The post covers the following [in order]:

• Anthropic's Revenue Surge (+ their recent Mythos 5/Fable 5 ban)
• Companies moving from “token maxxing” (buying more tokens than you need) to “token minimising” (buying just enough to generate real, measurable value); a possible opportunity for Chinese open source models?
• "Tokenomics" + calculating the return on tokens for an enterprise that uses LLMs
• AI financing including coverage of Google & Nvidia's capital raises + credit analysis; more data centre deal economics (breaking down Anthropic’s recent chip financing deal as a casestudy); uneven value accrual in the tech stack

Mo Bitar cited Ed's OpenAI financials article in his video.

If you live by the regulation, you die by the regulation.

So this is why Fable 5 / Mythos 5 got banned for non US citizens shortly after release?

Ed's BBG interview got cited in this video

Plus: Google raising $80bn in equity to fund AI spending.