How about the fact that they're not shouting from the rooftops how they're managing to make money in an industry that is currently mostly known as a giant money fire? Instead they're reporting being profitable "after making certain adjustments", which sounds a lot like "not profitable".
> they're reporting being profitable "after making certain adjustments", which sounds a lot like "not profitable"
Adjusting out stock-based compensation and non-cash expenses is absolutely fine for a company growing at the rate Anthropic is. The concern is more that they cherry picked a couple months when their expenses were abnormally low [1].
They seem to be reporting gross margin by excluding the cut that cloud providers take for hosting their models, and excluding R&D.
Basically they seem to be taking credit for the whole amount that customers are paying cloud providers to run Anthropic models, rather than the actual net proceeds of that business to Anthropic.
How about the fact that they're not shouting from the rooftops how they're managing to make money in an industry that is currently mostly known as a giant money fire? Instead they're reporting being profitable "after making certain adjustments", which sounds a lot like "not profitable".
> they're reporting being profitable "after making certain adjustments", which sounds a lot like "not profitable"
Adjusting out stock-based compensation and non-cash expenses is absolutely fine for a company growing at the rate Anthropic is. The concern is more that they cherry picked a couple months when their expenses were abnormally low [1].
[1] https://www.wheresyoured.at/anthropics-profitability-swindle...
The fact that Amodei had to invent a new definition of the word “profitable” last month is a strong hint…
> Amodei had to invent a new definition of the word “profitable” last month
Source?
https://finance.yahoo.com/technology/ai/articles/anthropic-p...
They seem to be reporting gross margin by excluding the cut that cloud providers take for hosting their models, and excluding R&D.
Basically they seem to be taking credit for the whole amount that customers are paying cloud providers to run Anthropic models, rather than the actual net proceeds of that business to Anthropic.
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