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Anthropic's key number is its 85% gross margin

AIAnthropic's IPO filing reported an 85% gross profit margin on running its existing AI models, a figure that counters skeptics who doubted pay-as-you-go pricing could be profitable. The article says the margin excludes training costs and that Anthropic still loses a lot of money overall.
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Semafor · Technology · J.D. Capelouto · semafor.comPublished · added here