alt Hacker NewsJust a week ago, Anthropic barely breaking even was hailed as AI companies being close to profitability much earlier than forecast.
In fact it is all smoke and mirrors, pure mania from C-level executives out of their depth trying to one-up each other with company money, and they aren't even close.
I didn't look into the numbers myself, but Ed Zitron claimed in his podcast that the only reason Anthropic looks sort of profitable was due to some rather clever accounting (not illegal) and a spending that didn't happen, I think. Things haven't actually improved much, but if you zoom into a very selective part of the fiscal year it looks promissing.
https://www.iheart.com/podcast/1119-better-offline-150284547...