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The Economic Times
The Economic Times
Technology

Anthropic nears first quarterly profit, agrees to pay SpaceX $1.25 billion monthly for computing power

Anthropic is closing in on its first quarterly ​operating profit, a person familiar ​with the matter told Reuters, as its sales eclipse ​the enormous costs to develop and deploy artificial intelligence.

In recent fundraising materials, the San Francisco-based startup apprised investors that its June quarter sales could reach at least $10.9 billion, ‌more than ⁠double ⁠its $4.8 billion in revenue for the just-ended March quarter, the person said.

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