AI firm Anthropic is set to achieve its first quarterly operating profit. Sales are projected to double in the June quarter, reaching at least $10.9 billion. This surge is driven by high demand for its Claude AI. The company's success highlights a rare profit in the costly AI industry. SpaceX's IPO filing also revealed a significant compute deal with Anthropic.

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

The deal for compute nearly doubles SpaceX's annual revenue.