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They need to prove there is a demand in order to attract more funding. Funding they are completely depended on.

Do you really think there’s not enough organic demand so they have to fake it?

I run three 20x max accounts to 100% every week. I could easily use more if I could afford it.

And obviously they wouldn’t IPO if they didn’t need to raise cash, but have you read the S1?

No, surely some feature which is already just using cached input tokens is the secret to their next funding round