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 hit profitability again with strong margins ahead of going public.
Why it matters: Proves AI companies can be cash-efficient, challenging the "burn it all" narrative dominating sector valuations.
Satya Nadella says "we welcome" the "deliberate pacing needed
TL;DRMicrosoft will slow AI development to ensure safety and launches conduct guidelines for its models.
SoftBank sealed a two-year loan facility
TL;DRSoftBank borrowed $11.87B from banks to fund its OpenAI stake.
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