Anthropic expects second-quarter revenue to surge 130% to $10.9 billion and projects its first operating profit, according to figures shared with investors during an ongoing funding round. The company generated $4.8 billion in first-quarter sales and forecasts June-quarter operating profit of $559 million. The projections could push Anthropic’s valuation above OpenAI. The Dario Amodei-led startup said profitability may not last through the full year as spending rises to support computing demands

Anthropic expects second-quarter revenue to surge 130% to $10.9 billion and projects its first operating profit, according to figures shared with investors during an ongoing funding round. The company generated $4.8 billion in first-quarter sales and forecasts June-quarter operating profit of $559 million. The projections could push Anthropic’s valuation above OpenAI. The Dario Amodei-led startup said profitability may not last through the full year as spending rises to support computing demands. The operating-profit measure includes model-training costs but excludes stock-based compensation.