"从资本效率角度看，OpenAI 和 Anthropic 是完全不同的物种。 而且 Anthropic 的每 token 成本明显比 OpenAI 低得多。 他们的烧钱可能比 OpenAI 少 80%。所以作为企业，它们显然有着非常不同的结构性 ROIC。" —— Gavin Baker（@GavinSBaker），美国对冲基金经理、Atreides Management 首席投资官。 --- 来自 "Invest Like The Best"（@InvestLikeBest）YouTube 频道，（链接见评论）
"OpenAI and Anthropic are pretty different animals from a capital efficiency perspective.
And Anthropic clearly has a dramatically lower cost per token than OpenAI.
They burned maybe 80% less than OpenAI. So as businesses, they clearly have very different structural ROICs."
- Gavin Baker (@GavinSBaker ), U.S. hedge fund manager and Chief Investment Officer of Atreides Management.
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From "Invest Like The Best" ( @InvestLikeBest ) YouTube channel, (link in comment)
来源：@rohanpaul_ai · x.com