Anthropic Tells Investors It Will Be Profitable for a Second Straight Quarter
Anthropic tells investors it will be profitable for second straight quarter
Anthropic has informed shareholders that its adjusted operating income will be positive for a second consecutive quarter, according to a Financial Times report citing people familiar with the matter. The AI company's gross margins reportedly exceed 80% before accounting for revenue shared with distribution partners like Amazon and the cost of training its models. Reuters could not independently verify the report, and Anthropic did not immediately respond to a request for comment.
Anthropic's gross margins are above 80% before accounting for revenue shared with distribution partners, including Amazon, and the cost of training its model.
- darkwizard42
Seeing a lot of tricks similar to how ridesharing companies tried to be "profitable" before going to IPO. Caveat: Thing have materially improved but really Uber is carried by its insane Ads margins
The idea of removing model training from your costs is a little wild tbh.
The profitability of being able to serve a query wasn't really under question (nor is the margin expected to be anything less than 80%+) I think.
- nemomarx
"profitable without COGS" doesn't actually mean anything at all does it?
- cdrnsf
I imagine there are many other businesses that would be profitable if they excluded all of their largest costs from their reporting.
- burgerboii
I believe that their desire to slow down AI development is just for profits.
Active competition requires constant reinvestment and does not allow them to milk their trained models long enough (except poor Haiku maybe).
- maherbeg
Is this community adjusted EBITDA?