Revenue is not profit.
The only reason OpenAI and Anthropic are making a loss is due to training new models to keep up with competition - not because the industry is flawed in terms of business model.
Insane competition does not last forever. When chip manufacturing first started, there were dozens of companies that had fabs that made compute chips. Nowadays, only TSMC is viable. Samsung and Intel survived because of geopolitics.
We'll see I suppose. Until the audited financial statements are released, no-one who doesn't work for an AI lab can be sure.
So in other words they are not profitable? Like you cant say they are profitable and then in the next sentence say they make a loss. That is not how profit works.
Always sell shovels in a gold rush I guess