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.

The long-awaited documents SpaceX filed with US regulators Wednesday included details about a lucrative deal to lend GPUs to a major AI rival.

SpaceX and Anthropic have a major compute power deal valued at $1.25 billion a month, utilizing SpaceX's Colossus data centers for AI growth.