> My core point is more that April 2026 was the point when Anthropic and OpenAI finally appeared to have figured out a credible business model.
How so? What's specifically changed? We still don't know what their unit economics are and everything you've documented is basically speculation at this point.
1. Both Anthropic and OpenAI significantly increased the prices of their latest models. They're clearly not trying to offer the lowest-price-possible to drum up demand any more.
2. Both Anthropic and OpenAI no longer let enterprise companies buy discounted almost-all-you-can-eat subscriptions. Those big enterprises are now paying full API prices.
3. According to reasonably well-sourced leaks, Anthropic may be about to have their first profitable quarter.
And I didn't even say "profitable", I said "credible business model". I think getting companies to spend hundreds of dollars per month per seat, WITHOUT crazy subscription discounts, is a credible business model.
Let's see how it goes in three months. I'm not convinced it's anything but an attempt to make the numbers look better just long enough to IPO.
Enterprises will take a while to adjust. We're going along with Copilot price changes in the short term "just to see what it'd look like". They will get customers to continue with the all you can eat mindset at API pricing for a while, but the finance departments will start asking questions very soon.
I suspect it might end up being a credible business model for whoever buys the IP eventually (Microsoft, Google?), but I think OpenAI and Anthropic are so far in the hole debt wise that simply having a credible business model won't be enough to save them - it needs to be wildly successful.
> And I didn't even say "profitable", I said "credible business model".
What's the difference? I would assume a business model that rewards profit (and therefore can sustain) would be considered credible...and not much else.
How so? What's specifically changed? We still don't know what their unit economics are and everything you've documented is basically speculation at this point.