Anthropic is reportedly about to have its first profitable quarter
SMRTR summary
Anthropic is on track to post $10.9 billion in revenue for the quarter ending in June — double its first-quarter earnings — with an expected $559 million in operating profit, marking its first profitable quarter since founding in 2021. However, profitability won't last, as the company plans to increase spending on computing and operations. Anthropic is also considering an IPO, potentially going public in October.
SMRTR provides this summary for quick context. The original article belongs to Engadget.
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