The Financial Times reports that Anthropic expects to achieve adjusted operating profit for the second consecutive quarter. Its preliminary second-quarter revenue exceeded $11.5 billion, approximately 14 times higher than $787 million in the same period last year and approximately 2.4 times higher than the first quarter; annualized revenue reached $65 billion by the end of July. However, over 80% of the gross margin is calculated before deducting model training costs and revenue sharing payments to distributors such as Amazon, and cannot be directly compared to the gross margins of established software companies; previously estimated second-quarter operating profit margin was only about 5%, and this difference is key to the economic viability of AI.
