Business News Tech AI Anthropic recorded net loss of over $80 billion in first half of this year
Anthropic recorded net loss of over $80 billion in first half of this year
AI startup Anthropic recorded a net loss of more than $80 billion in the first half of this year, the Wall Street Journal reported on Tuesday.
AI startup Anthropic recorded a net loss of more than $80 billion in the first half of this year, the Wall Street Journal reported on Tuesday, citing a draft initial public offering prospectus. That compares to a net loss of $13 billion during the same period a year earlier, according to the report. The vast majority of that loss, $72 billion, resulted from accounting charges tied to changes in the value of convertible notes and other instruments the company issued to raise funding, the Journal report said.
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