Despite being one of the world leaders in AI development, the private firm Anthropic has yet to post a quarterly profit. That operating deficit isn’t for a lack of trying — and, as the company tells it, could be reversing very soon, at least if you’re willing to swallow one massive caveat.
According to new reporting by the Financial Times, the company behind the Claude told a select group of trusted investors that its adjusted operating income (AOI) is set to be positive for the second consecutive quarter.
AOI is an accounting technique that strips out non-recurring costs, giving backers a very specific look under a company’s hood. Posting a profit on AOI is very different from posting a profit on net income, otherwise known as the “bottom line,” under which Anthropic remains billions of dollars in the red.
Aside from the fact that Anthropic is not about to turn a real profit anytime soon, it may still be a noteworthy signal. The AI world is currently awash in fear-mongering over AI safety, a phenomena some analysts say could signal a turn away from the race-to-the-bottom to build artificial general intelligence toward a more reasonable — if less ambitious — embrace of AI as it currently is.
