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Anthropic Nears First Operating Profit as Claude Revenue Surges Past $10 Billion

Prime Highlights

  • Anthropic expects a $559 million operating profit in the June quarter.
  • The company commits $1.25 billion monthly to SpaceX for computing power.

Key Facts

  • Anthropic is a San Francisco-based AI safety company behind Claude.
  • SpaceX’s AI segment lost $2.5 billion in the March quarter alone.

Background

Anthropic is on the verge of posting its first quarterly operating profit, as demand for its Claude AI pushes revenue well past the steep costs of building and running artificial intelligence systems. A source close to the matter confirmed this, speaking on condition of anonymity.

The San Francisco-based company shared projections with investors suggesting its June quarter revenue could hit at least $10.9 billion. That figure is more than double the $4.8 billion the company recorded in the March quarter. On the back of that growth, Anthropic expects an operating profit of around $559 million for the second quarter.

The numbers are clear indications of a sharp rise in the adoption of Claude across industries. Software developers are using the technology to handle programming tasks, while several large enterprises have turned to Anthropic’s top-tier model, Mythos, to detect vulnerabilities in their code.

Profitability remains rare in the AI sector, where computing costs alone can consume enormous resources. Anthropic’s own infrastructure spending came into sharper focus through a separate disclosure this month. SpaceX’s IPO filing revealed that Anthropic had committed to paying the company $1.25 billion per month through May 2029 for computing capacity across two AI training data centres, Colossus and Colossus I. Both parties retain the right to exit the agreement with 90 days’ notice, and fees will be reduced during a capacity ramp-up this month and next.

SpaceX’s founder separately confirmed the company is in active discussions with other firms to offer AI computing services at a significant scale, even as its AI segment reported a $2.5 billion operating loss in the March quarter on revenue of $818 million.