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500 Anthropic set for first profitable quarter as OpenAI and xAI continue burning billions

Startups News
Daniel Levi @ Startups News 2 place · 05/22/2026 09:51 EDT

Anthropic set for first profitable quarter as OpenAI and xAI continue burning billions

Artificial intelligence companies have spent the past three years burning cash at a pace Silicon Valley has rarely seen. Billions have gone into GPUs, data centers, talent wars, and training larger AI models. Profitability felt far away, almost irrelevant. Now, ...

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