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Anthropic projects $559M operating profit for the current quarter

Ethan Mollick
@emollick.bsky.social

Professor at Wharton, studying AI and its implications for education, entrepreneurship, and work. Author of Co-Intelligence. Book: https://a.co/d/bC2kSj1 Substack: https://www.oneusefulthing.org/ Web: https://mgmt.wharton.upenn.edu/profile/emollick

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Ethan Mollick
@emollick.bsky.social

There has been a lot of speculation that AI companies were unprofitable, but Anthropic will have an operating profit of $559M this quarter. “In the first quarter, Anthropic spent 71 cents on computing power for every dollar it made. In the current quarter, it expects to spend 56 cents per dollar…”

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26 days ago
Anthropic projects $559M operating profit for the current quarter — AIBriefs