Anthropic is about to become the first profitable AI lab

Anthropic is nearing its first profitable quarter as surging demand for Claude and coding tools lifts revenue faster than costs.

Reported Q2 revenue rose 130% to $10.9 billion, with operating profit projected at $559 million.

Broader enterprise adoption and longer-running AI tasks are driving usage, but also increasing token and compute expenses.

To ease capacity constraints and improve margins, Anthropic is cutting compute costs and striking new infrastructure deals.