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Anthropic nears first quarterly profit as sales eclipse enormous costs of developing AI

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Anthropic nears first quarterly profit as sales eclipse enormous costs of developing AI
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Anthropic is approaching its first quarterly operating profit, with sales expected to exceed costs associated with AI development. The company anticipates second-quarter sales of at least $10.9 billion, significantly higher than the previous quarter's $4.8 billion. This surge in revenue is attributed to increased demand for its Claude AI and the deployment of its Mythos model by enterprises.

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Original publisherThe Globe and Mail
Canonical URLhttps://www.theglobeandmail.com/world/article-anthropic-claude-ai-earnings-profit-spacex/
Publication timeThu, 21 May 2026 00:18:40 +0000
Retrieval time2026-05-21T00:25:03.144Z
Last seen2026-05-21T00:25:03.144Z
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Opening excerpt (first ~120 words) tap to expand

Open this photo in gallery:Anthropic's co-founder and CEO Dario Amodei at a developer conference in San Francisco on May 6.Don Feria/The Associated PressShareSave for laterPlease log in to bookmark this story.Log InCreate Free AccountAnthropic 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 US$10.9-billion, more than double its US$4.8-billion in revenue for the just-ended March quarter, the person said.That will propel its second-quarter operating profit to an expected US$559-million, said the person, on condition of…

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