Anthropic on track for $10.9B Q2 revenue, aiming for first profitable quarter

Anthropic is set to generate $10.9 billion in revenue for the second quarter, more than doubling its $4.8 billion in Q1 sales, potentially marking its first profitable quarter. The AI company, known for its Claude models, has seen rapid growth and is negotiating a $900 billion valuation funding round. Despite competition from OpenAI, Anthropic is expanding enterprise sales and infrastructure, including a $1.25 billion monthly compute deal with SpaceX. The company plans an IPO in 2026 amid rising demand and government interest in its advanced AI capabilities.