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AI Startup Anthropic Posts Record-Breaking Net Loss of $80 Billion

Amit KumarSource: thehindu.com
Updated 4d ago
AI Startup Anthropic Posts Record-Breaking Net Loss of $80 Billion
AI Startup Anthropic Posts Record-Breaking Net Loss of $80 BillionSource: thehindu.com
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Anthropic, an AI startup, reported a net loss of over $80 billion in the first half of the year, largely due to accounting charges related to changes in funding instruments. This compares to a net loss of $13 billion in the same period last year. The company's revenue rose 45% to $16.8 billion in the third quarter.

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