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 will be profitable again, with very high margins on its AI products.
Why it matters: Profitability signals AI companies can be viable businesses, not just cash-burning research labs chasing scale.
Satya Nadella says "we welcome" the "deliberate pacing needed
TL;DRMicrosoft will slow AI development and create conduct rules to ensure safety and human control.
Anthropic, OpenAI, and Google have held working group meetings since
TL;DRBig AI labs are discussing forming an industry standards organization together.
Latest
Current and former officials: the US NSA plans major restructuring
NSA is reorganizing into five units focused on AI, China, cyber, war, and global intel.
Report: former EPA officials identify 30 federal actions since January
Former EPA officials say 30 Trump admin actions worsen pollution from data centers.
220 Million Traveler Records Exposed In Vietnam-Linked APIS Leak
Vietnam's unsecured travel database exposed 220 million passenger records including names and passport numbers.
Z.AI’s Cash Burn Drives Alibaba-Like HK Fundraising Spree
AI startup Z.AI is burning cash fast, immediately raising money in Hong Kong.
Samsung, SK Hynix Reject Kepco’s Power Grid Prepayment Plan
Samsung and SK Hynix rejected paying upfront for power grid upgrades.
AI Bosses Risk Clash With Wall Street and Trump Over Safety Call
AI companies face pressure to slow development despite Wall Street and Trump wanting faster progress.
SoftBank Gets Upsized $11.9 Billion Loan in OpenAI Funding Push
SoftBank raised $11.9 billion to increase its OpenAI stake.
Anthropic signed a $13.7B, six-year deal
Anthropic leased $13.7B in computing power from Rum Group over six years.
Amazon Halts Operations With 21 Air
Amazon halted work with 21 Air after a deadly cargo plane crash in Miami.