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There’s something strange going on in American corporate accounting. I have seen examples of opex only being cloud costs, whereas employee and contractor costs are being capitalised.

Ust Oldfield

@ustdoes.tech

Add to this OpenAI not including resellers under revenue and Anthropic excluding certain costs from profitability calculations. None of this is going to hold up against an auditor or scrutiny of an investor pack.

10/10/26, 10:18 am0 reposts0 likes

Ust Oldfield

@ustdoes.tech

Sounds really boring, but it would be nice if there were accounting standards so that what gets reported is comparable.