🔴 Breaking News 5h ago · Madison Mills

Anthropic brings Wall Street an AI bull case

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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 AI bubble, Anthropic offered what investors have been desperate to see: evidence th

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