MODEL · T08

What does a frontier lab sell: a commodity, or a premium?

OpenAI is cutting prices while Anthropic still monetizes enterprise coding. The difference matters because hyperscalers, lenders and investors have priced the pair as one AI bet.

Questions 5Open 5Call held 0Call missed 0

The questions

1. No date yetopen

   An audited listing reveals margins, customer concentration and investor-linked revenue; clean disclosure would support separation, weak economics would reunite the risks.

2. No date yetopen

   Useful-life assumptions show whether first-year GPU margins survive across the cluster; Romero’s accounting would gain force if they do not.

3. No date yetopen

   A quiet reversal would weaken Erkan’s demand evidence; sustained higher prices would support the view that demand remains structurally strong.

4. Settles Jan 3open

   Return on invested capital should be visible by Romero’s deadline; failure would turn today’s extraordinary economics into a first-year illusion.

5. No date yetopen

   Another model suspension would turn Massif’s signal into procurement policy, showing that open weights are changing buying behavior.

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