Harvey's gross margin plunged from 50% to -50% in 6 months, turns to open-weight models
nmasc_ · x · 2026-09-22
Legal AI startup Harvey saw gross margins collapse from 50% to -50% in six months due to AI costs. Its fix: building its own model on open-weight AI. Startups from Abridge to Rogo are following suit to cut costs and reduce reliance on OpenAI and Anthropic.
Related event: Harvey's Margins Collapse from 50% to -50% as Agent Token Use Soars 20x(5 posts)→
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