Anthropic tells investors it will be profitable for second straight quarter, FT reports
Anthropic informed investors that it expects to be profitable for the second consecutive quarter, according to the Financial Times. The technology company's adjusted operating income is projected to be positive, the FT reported, citing multiple sources familiar with the matter. Anthropic's gross margins exceed 80 percent, even after deducting revenue shared with distribution partners such as Amazon.
Additionally, the cost of training the company's model is accounted for, according to the newspaper. However, Reuters has been unable to independently verify the report at the time of publication. Anthropic has not yet responded to a request for comment outside of regular business hours.
Written by urgent.news from Channel News Asia's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
