gross margin
1 statements across 1 episodes · 0 bullish · 1 bearish · 1 people on the record · first statement Feb 19, 2026 by Martin Casado · across every show →
Everything said about gross margin, oldest first
Feb 19, 2026 negative
Casado: Frontier Model Labs Are Gross Margin Negative Factoring Next-Gen Training
“If you look at the numbers of these companies, if you look at like the amount they're making and how much they spent training the last model, their gross margin positive, you're like, oh, that's really working. But if you look at like the current training that…”