Their profit on that was reportedly $559 million. But, this is after you realize that Anthropic got a discount on May/June from their new agreement with xAI's Colossus data center. So their first profit positive quarter happened during the time when their costs were artificially lower than they will be going forward.

Lots of people seem to love to do the simplest extrapolation that benefits their point. It's the same with "AI is improving at rate X, therefore if we linearly extrapolate, we'll hit AGI in a year."

You can’t just “annualise” your best day. That’s not how it works.

Everyone is cutting back their AI spend because of the ridiculous cost, and a price war is emerging between AI companies.

I could start a business with a similar growth trajectory. We can mail people $100 bills for a low low payment of $10. I just need $500 billion dollars of startup capital and I can show you a 10x yoy growth for a few years.