Anthropic achieved its first profitable quarter in Q2 2026, with revenue of approximately $11.5 to $11.6 billion. OpenAI reported Q2 revenue of $6.7 billion but continues to face widening operating losses. According to Dylan Patel, founder of SemiAnalysis, OpenAI could reach profitability in Q3. Anthropic’s profitability is positively influencing market sentiment and investor valuation expectations for this leading U.S. frontier AI lab.
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