… It was reported last month that Anthropic was on track to have its first profitable quarter in the three months ending June 30, with an expected operating profit of $559 million on $10.9 billion in revenue. …
… Following Musk's departure, OpenAI created its for-profit arm in 2019, which at the time was organized under a "capped-profit" structure designed to limit investor returns to 100x, with any excess windfalls flowing to the company's nonprofit. …
… However, the company is also projected to burn as much $115 billion through 2029 on compute costs and other expenses, raising the question of whether the company has a route toward profitability. …
… The researchers said their analysis uncovered "traces of the use of Cellebrite's forensic tools with high confidence" on the iPhone 12 that belonged to Pivovarov. …