Preliminary figures show Anthropic's Q2 revenue exceeded $11.5bn, up at least
14x YoY from $787m and ahead of Q1's $4.73bn; adjusted operating profit was
positive in the quarter. Annualized revenue surpassed $47bn as of May. OpenAI's
disclosed annualized revenue exceeds $40bn, reporting though bases may differ.
AI-sector IPO proceeds YTD reached $256.4bn, the largest since 2021 excluding
SPACs.