Anthropic is printing money, but AI isn’t paying off outside tech

Good morning. Today I’m reading about Netflix’s bloody week, playing with Apple Music’s fun new 404 page, mourning Arc’s untimely demise, and devouring Maggie O’Farrell’s new novel, Land. Inbox is written by Daniel Bader. Read previous issues here, and then catch up with Ben Schoon’s excellent Weekender column published every Sunday. Anthropic is going public, and thanks to its S-1, we now have access to some of the mouthwatering numbers behind the IPO. In the first half of the year, the company reported $16.3 billion in revenue, up from $1.2 billion for the same period of 2025. If you’ve been following the AI phenomenon at all, you’ll know why: Anthropic’s Claude Code kicked off the AI coding boom in early 2026, causing every company from Google to OpenAI to largely…

First reported by 9to5Google. This page is a short excerpt; the full text is theirs.