Updated

A report claiming that AI lab Anthropic was profitable for a second consecutive quarter has surfaced, but the finding comes with an important caveat that complicates the headline claim. Details of the caveat suggest the profitability figure may not reflect a straightforward operating picture. The report adds a new wrinkle to investor and industry discussions about the financial sustainability of leading AI labs, coming as Anthropic's CEO simultaneously pushes an industry-wide AI slowdown proposal.