Anthropic brings Wall Street an AI bull case
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AI companies for years have promised that smarter models would be worth the staggering cost to build them. Anthropic on Wednesday made that case in cash. The company presented eye-popping financials to investors, saying it was cash flow positive in the third quarter, with revenue surging nearly 50% to $16.8 billion compared to the April-to-June period. Why it matters: As Wall Street broadly spent the day fearing an…
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