SAN FRANCISCO, May 20 : Anthropic is closing in on its first quarterly operating profit, a person familiar with the matter told Reuters, as its sales eclipse the enormous costs to develop and deploy artificial intelligence.In recent fundraising materials, the San Francisco-based startup apprised investors tha

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.