Open model revenue analysis uses stale Q1 data: TogetherAI tokens up 10x, CRWV beats them all combined

xeophon · x · 2026-09-21

xeophon argues a popular open-model revenue analysis relies on severely outdated numbers (Q1 or even earlier). TogetherAI's tokens grew >10x from Q1 to Q2, Fireworks 3x, Baseten is as big as both, and OpenRouter >5x. He also flags methodology: if Modal (sandboxes) and Runpod (GPUs only) count as "open model revenue," all neoclouds should be included — and CoreWeave (CRWV) alone has more revenue than all those numbers combined.

Related event: Open-Source AI Revenue Analysis Called Outdated(2 posts)→

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