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The AI boom isn’t real: 70% of AI revenue comes from OpenAI and Anthropic | Ed Zitron (www.youtube.com)

submitted 2 days ago by babysmokesalot@sh.itjust.works to c/fuck_ai@lemmy.world

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Cross posted from https://sh.itjust.works/post/65157881

“If 70% of AI revenues are these two companies, there is no AI industry.”

Writer of Where’s Your Ed At and the host of the Better Offline podcast Ed Zitron joins The Tech Report’s Isaac Pound to talk about the state of the AI industry as it’s revealed that over two thirds of hyperscaler AI revenue is coming from two companies.

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[-] one_old_coder@piefed.social 19 points 2 days ago

The profits are near zero, AFAIK negative for OpenAI

https://isaiprofitable.com/ is fun to watch!

[-] davidagain@lemmy.world 2 points 1 day ago* (last edited 1 day ago)

Wow, anthropic have really been raking it in since last time I checked, they're only at 33% negative profit, best in the industry (apart from the the hardware manufacturers, who are turning a profit on the infrastructure).

[-] Buffalox@lemmy.world 3 points 2 days ago

That's insane. 😱

this post was submitted on 16 Aug 2026

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