India's AI CEOs Are Modern Day Vijay Mallyas! Burning Cash on GPUs They Can't Repay

A report-style commentary argues that India’s AI subscription economics are unsustainable, framing the situation as a “house of cards” dependent on continued investor support. It claims a heavy Claude Code user would process about 10 billion tokens per year, estimating raw API usage at around ₹12.5 lakhs ($15,000) annually, while a flat subscription is portrayed as roughly ₹24,000 (about $240–$300) for the same workload—described as a 98% hidden subsidy. It cites leaked information from The Information saying OpenAI is on track to lose $14 billion in 2026. The piece asserts businesses across law, marketing, and healthcare are signing deals at losses.