rohanpaul_ai· @rohanpaul_ai · X·· 16 小时前AI 评分
Anthropic 订阅用户每美元算力或为 API 买家 4 倍以上
Rohan Paul 引用 SemiAnalysis 估算称，Anthropic 订阅用户每美元获得的算力可能超过 API 买家的 4 倍。其依据是 Anthropic 推理业务整体可能有 88% 的 post-compute 利润率，其中被大幅补贴的订阅业务按 50% 算力利润率计算，包含在这一混合利润率之内。
Anthropic’s subscribers likely get over 4X as much compute per dollar as its API buyers.
This is based on estimates by SemiAnalysis that Anthropic’s total inference business possibly generating 88% post-compute margins, which is including the “heavily subsidized” subscriptions served at a 50% compute margin.
i.e. the estimated 50% compute margin on subscriptions sits inside a blended 88%.
来源：rohanpaul_ai · x.com