AIFinancial Times1h ago
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 projects profitability again, with strong margins ahead of expected IPO.
Why it matters: Proves AI labs can be capital-efficient, challenging the "burn everything" narrative around AI scaling.
Claude maker seeks to ease cash burn concerns before blockbuster IPO amid fears over pace of AI development
Read full articleSource: Financial Times · Opens in new tab