Okay, so you are claiming "every single one of those 8 providers, along with all others who don't serve openrouter but are at similar price points, are subsidizing by more than 50%".

That's an incredibly bold claim that would need quite a bit of evidence, and just waving "$500k in gpus" isn't it. Especially when individuals are reporting more than enough tps at native int4 with <$80k setups, without any of the scaling benefits that commercial inference providers have.