Anthropic nears its first quarterly profit as Claude AI demand lifts revenue past $10.9B, marking a rare milestone in the high-cost AI industry.

Anthropic and OpenAI now capture 89 percent of revenue among top AI startups, according to an analysis by The Information.

Anthropic projects Q2 revenue over $10.9B and reports a $559M profit. Valuation hitting $1.25T by December 31 at 77.5% YES.