Reuters reported first in September that Anthropic posted a net loss of $42 billion in 2025 and plans to spend $518 billion on cloud, computing and infrastructure obligations in coming years.
$16B revenue and hoping to spend $500B in the coming years.Keep throwing money into the wishing well. This has been, since day one, either a gamble or a complete con, depending on how in touch with reality you are.
"Anthropic's third-quarter revenue rose 45% to $16.8 billion"
This is great for Anthropic, but who is increasing their AI spending in this climate?
Important to note that $72bn of that loss is some accounting thing and not really relevant wrt. the solvency of Anthropic
From Bloomberg:
The overwhelming majority of the net loss in the first half of this year, $72 billion, resulted from accounting charges linked to changes in the value of convertible notes and other instruments Anthropic has issued, according to the report.
So this is really just capped notes converting. Total nothing burger.
Probably stocks based compensation or something like that.
[dead]
lol
I think todays latest models would satisfy most users, so it makes me wonder how soon until we can run it on our machines without having to subscribe and with China handing us freebies? I think they have dug well past the point of profitable returns before that happens, so I can see why big tech companies are scrambling to get into bed with US government more than ever as a backup plan when/if their big gamble fails. And now our corrupt government and its 3 letter agencies, they have bargaining power to use this tech and relax privacy efforts and add more backdoors for "safety and security" whereas in the past it was easier for these companies to say no. A match made in hell that we are all roped into now.