Comment by tim333
3 days ago
A difference with mid-1980s AI is the hardware is way more capable now so even flawed algorithms can do quite economically significant stuff like Claude Code etc. Recent headline "Anthropic projects as much as $26 billion in annualized revenue in 2026". With that sort of revenue you'd expect some significant spend on R&D.
> "Anthropic projects as much as $26 billion in annualized revenue in 2026".
Anthropic projects a lot. It's hard to get actuals from Anthropic.[1] They're privately held, so they don't have to report actuals publicly. [1] says "Anthropic has, through July 2025, made around $1.5 billion in revenue." $26 billion for 2026 seems unlikely.
This is revenue, not profit.
[1] https://www.wheresyoured.at/howmuchmoney/