Amodei says yes - each model pays for its training. But they're scaling up investment for each new run, so they're still happily in the red.

And also that may be the case for Anthropic who have fewer free users, a large enterprise business, and less generous rate limits on their subscriptions. I don't know if OpenAI or Google have commented. I suspect OpenAI is in a worse position given their massive non-paying consumer base.