Anthropic tells investors it will be profitable for second straight quarter
Source: [https://www.ft.com/content/4564e6a5-69e9-40a6-bf0f-a888f2f4f002](https://www.ft.com/content/4564e6a5-69e9-40a6-bf0f-a888f2f4f002)
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Anthropic’s gross margins are above 80 per cent before accounting for revenue shared with distribution partners, including Amazon, and the cost of training its models, according to two of the people.
>Sustained profitability would be a major milestone for the five-year-old company ahead of its planned listing.
>Anthropic has chosen Nasdaq as the venue for an IPO that could value it at $2tn or more, according to a person with knowledge of the matter. The company declined to comment.