2026-10-21 04:52 UTC
Anthropic told investors at the meeting that its third-quarter revenue jumped 45% to $16.8 billion from the previous quarter, and that it was profitable on an adjusted basis during the quarter.
Anyone know what this means? True or some more shenanigans?
Replies (4)
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@August27th@lemmy.ca 2026-10-21 05:55
Ed can shine some light on it, perhaps: youtu.be/CudIfoRiVYQ?t=715
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@bonesawmcl@lemmy.world 2026-10-21 06:37
I mean… If you don’t count most of your costs, then sure you can be “profitable (adjusted)”.
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@dandi8@fedia.io 2026-10-21 08:42
"adjusted" doing some heavy lifting here.
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@zqps@sh.itjust.works 2026-10-21 08:42
Presumably they mean they’re profitable if you only count operational costs. Which is funny because for an AI company, R&D isn’t exactly optional.