compute margins

Anthropic's compute costs are moving in the wrong direction

Anthropic's compute margins are getting worse at the worst possible time. Just when scale should be driving costs down, they're climbing. That's a hard trend to reverse, and it raises real questions about the economics of building at the frontier. If you want to understand the longer arc here, our piece on Anthropic signaling that AI may soon improve itself is worth your time. For now, the numbers tell a story of pressure, not progress.