r/technology • • 1d ago

Artificial Intelligence Anthropic logged net loss of over $80 billion in first half of 2026

https://www.reuters.com/business/anthropic-recorded-net-loss-over-80-billion-first-half-this-year-wsj-reports-2026-10-20/
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u/MeInSC40 1d ago

Their goal is to get companies to embed ai into their day to day operations so they have to use it to operate and then once it’s impractical to get rid of it theyll jack the price up to extortionate levels.

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u/namaste652 23h ago

I get what you say. But the current prices are already being seen as "extortion levels" by many. Some companies may suck it up, but the vast majority might not.

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u/davidbasil 20h ago

They have no long term goal. Their day-to-day decisions are based on what they "think" will make the current quarter look somewhat okay-ish.

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u/nnomae 17h ago

Yeah, they just want to subsidise for a while and then when the companies have no programmers left who would even recognise code if they saw it and all their projects are millions of lines of AI slop no human can parse, that's when the prices go up.

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u/TopicSoft6567 15h ago

Yep. And they’re gonna have to raise already high prices.

Companies, in large part, haven’t seen productivity gains from ai. They aren’t gonna spend infinite money on something that doesn’t make the company richer.