Anthropic told investors it will be profitable for a second straight
Sources: Anthropic told investors it will be profitable for a second straight quarter, with 80%+ gross margins before partner revenue sharing and training costs
TL;DRAnthropic claims it'll be profitable again this quarter with high margins.
Why it matters: Signals AI companies can be profitable now, reshaping IPO valuations and investor confidence in the sector.
Larry Ellison cancels $7.5 billion sale of Oracle stock
TL;DROracle's Larry Ellison canceled his planned $7.5 billion stock sale.
Satya Nadella says "we welcome" the "deliberate pacing needed
TL;DRMicrosoft will slow AI development to ensure safety and released ethics guidelines for its models.
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Anthropic, OpenAI, and Google have held working group meetings since
Three major AI companies are discussing forming an industry standards organization.
Dario Amodei says the "toughest dilemma" about his proposal
Anthropic's CEO worries slowing AI progress only works if competitors like China cooperate.
OCBC's Vasu on the Stock Retreat
AI firms warned of risks, sparking stock selloff across Asia and US futures.
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Anthropic Expects an Operating Profit This Quarter, FT Says
AI startup Anthropic says it'll be profitable again this quarter before going public.
How to use GPT-6 Astra when it rolls out to you
OpenAI's GPT-6 Astra is rolling out—here's how to access it.