r/technology • u/CarciaNerissa • 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/WhyMustIMakeANewAcco 23h ago

I don't think Anthropic, specifically, actually has a business plan anymore. The entirety of the C suite seems to have AI psychosis and are completely convinced they've already solved the singularity.

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u/mystery_hole 19h ago

No, they know it's a scam. It's the same as Elizabeth Holmes. They are putting on a character, and in this case the character is that AI is going to bring the singularity.

They have shares. They cannot sell until IPO, and want it to be as high as possible when it happens.

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u/bokmcdok 17h ago

They're arguing that a "guess-the-next-word" algorithm has achieved sentience and is a new race. Sci-fi always told us intelligent machines would destroy us, when in fact it's unintelligent humans destroying us instead.