this post was submitted on 05 Sep 2025
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[–] reddig33@lemmy.world 59 points 2 days ago (21 children)

Where are they getting $1.5 billion from? Is this business actually profitable?

[–] Hackworth@sh.itjust.works 28 points 2 days ago (12 children)
[–] Botzo@lemmy.world 46 points 2 days ago* (last edited 2 days ago) (9 children)

$500 million in run-rate revenue

Absolutely astounding that they can raise $13B on a sixth round of funding on that.

For the less finance jargon savvy, "run-rate revenue" just means projected annual revenue.

All this means they spent 3 years of revenue to make this go away.

Absolutely not a profitable business lol.

[–] Hackworth@sh.itjust.works 6 points 2 days ago

Anthropic's news page is educational in every sense of the word.

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