Anthropic tells investors it will be profitable for second straight quarter

**Edit: Reddit so mad that AI is actually profitable and they've been proven wrong this whole time. Everyone single one of you need to change your view on AI now or you will miss out on a lot of money.**

Source: [https://www.ft.com/content/4564e6a5-69e9-40a6-bf0f-a888f2f4f002](https://www.ft.com/content/4564e6a5-69e9-40a6-bf0f-a888f2f4f002)

>Anthropic has told its backers it will be profitable this quarter, as it moves to allay investor concerns about the aggressive cash burn of frontier AI companies ahead of its blockbuster initial public offering.

>Anthropic’s gross margins are above 80 per cent before accounting for revenue shared with distribution partners, including Amazon, and the cost of training its models, according to two of the people.

>Sustained profitability would be a major milestone for the five-year-old company ahead of its planned listing.

>Anthropic has chosen Nasdaq as the venue for an IPO that could value it at $2tn or more, according to a person with knowledge of the matter. The company declined to comment.

Anthropic's S1 is expected to be released this week or next week.

Where are the Redditors who keep claiming they lose money for every token inference? I told you their gross margins for inference are extremely high.