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Anthropic eyes first profitable quarter

The Wall Street Journal reported that AI startup Anthropic disclosed during recent investor communications that second-quarter revenue is expected more than double year-over-year to approximately $10.9 billion, marking its first operational profit. This milestone growth signals major breakthroughs in Anthropic's financial performance—its quarter-on-quarter surge has positioned it favorably against main competitor OpenAI. However, The Wall Street Journal noted that due to large-scale compute cost expenditures planned by Anthropic this year, whether it can sustain profitability throughout the full year remains uncertain. Over the past year, market interest in Anthropic has continued to rise as its chatbot Claude becomes increasingly preferred among professionals. Meanwhile, the company actively expands its client base: recently launching services tailored for small business owners and dedicated toolkits designed specifically for law firms, aiming to build barriers within niche markets. Notably, on the same day word of Anthropic's profits broke, reports also emerged about OpenAI preparing an initial public offering application. Anthropic declined to comment.

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