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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

Photo: The Economic Times

The company generated $16.3 billion in revenue during the six months ended June 30, compared with $1.1 billion in the corresponding period a year earlier, the newspaper reported. The loss largely reflected accounting adjustments related to financing agreements, including $72 billion in charges linked to changes in the value of convertible notes and other financial instruments.

First reported by The Economic Times. This page is a short excerpt; the full text is theirs.

Read the full story at The Economic Times

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