Anthropic Revenue Set to Hit $10.9B in Q2 — First-Ever Profit in Sight
Anthropic, the AI safety company backed by Amazon and Google, is projecting revenue to more than double to $10.9 billion in the second quarter, putting it on track for its first operating profit — ahead of rivals OpenAI and xAI. To fuel that growth, the company has locked in a major infrastructure deal with SpaceX worth roughly $45 billion, including $1.25 billion in monthly compute payments. Anthropic also quietly released a restricted AI model called Mythos, made available only to select partners due to safety considerations.
Anthropic's trajectory directly pressures the AI valuations embedded in Amazon (AMZN) and Google (GOOGL), both major investors — a profitable Anthropic would be a significant mark-up event for both balance sheets. The SpaceX compute deal also signals that AI infrastructure spending remains ferocious, which is a sustained tailwind for data center plays like NVDA and AMZN Web Services. Investors in broad tech ETFs like QQQ should note this as further evidence that AI monetization is graduating from hype to hard revenue.
Anthropic is privately held so there's no earnings date, but watch for: Amazon Q2 earnings (expected late July 2025) for any Anthropic valuation update; Google Q2 earnings (expected late July 2025) for AI investment commentary; any Anthropic funding round announcement which would set a new public valuation marker.
- Anthropic set to generate operating profit for first time: report · Seeking Alpha
- Anthropic revenue set to more than double to $10.9 billion in Q2 · Investing.com
- Anthropic nears first quarterly profit, agrees to pay SpaceX $1.25 billion monthly for computing power · Investing.com
- Anthropic on track for first profitable quarter · Financial Times
- Mythos is supposed to revolutionize cybersecurity. How good is the AI model actually? Anthony Grieco tested it · NZZ Wirtschaft
- Anthropic signs $45B deal with SpaceX to secure AI infrastructure · Seeking Alpha
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