Rabbit R1 has 5,000 people using it daily

At this point the money is coming from the mark-up on the hardware, which is significant (it’s basically part of a cheap phone). Either they’ve been hoping, as has happened, that people will stop using the product before they use enough services to eat into the hardware mark-up profits, or more likely it’s another “AI” product where the plan involves someone initially eating some costs with the expectation that they’d eventually get users hooked enough that they’d be willing to pay the true costs of the services. Though in this case, they have the problem that they can’t get anyone hooked enough in the first place to even use it for no additional costs.

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