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, with very high margins on its AI services.
Why it matters: Profitability narrative strengthens IPO prospects and challenges assumptions about AI company economics requiring endless losses.
Satya Nadella says "we welcome" the "deliberate pacing needed
TL;DRMicrosoft adopts slower AI development approach with ethics guidelines for safe advancement.
SoftBank sealed a two-year loan facility
TL;DRSoftBank got an $11.87B loan from banks to fund its OpenAI stake.
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