economics, it’s constructive to look at where costs are concentrated – And where they’re headed. The bulk of spending in AI large language model (LLM) development is still dominated by compute – specifically of choice. Our proprietary models now generate more code than almost any LLMs in the world and edit over a billion characters per day. Our business is large and fast growing, having exceeded $100MM

by buying a dozen at a time? A: Let’s think step by step. They cost 2.25*100=225 cents each. At the bulk rate, they are 24/12=2 dollar each. They cost 2*100=200 cents each. 225-200=25 cents are saved per