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Anthropic's Loss, DeepSeek's Profit, and Meta's Cluster — October 21, 2026
Anthropic's leaked IPO paperwork shows an eighty billion dollar loss in six months. DeepSeek says its own inference system already makes thirty-eight dollars an hour per chip. Same industry, wildly different math. We go through the accounting behind that loss, the cache trick behind DeepSeek's number, Meta's million-chip supercluster, and the week's other news, from a PyTorch on TPU project to a PHP patch everyone needs now.
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The skinny
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