ANTHROPIC IS ON TRACK TO TURN A PROFIT MUCH FASTER THAN OPENAI

Summary from the TLDR newsletter

Anthropic expects to break even for the first time in 2028. OpenAI's operating losses for 2028 are forecasted to swell to about $74 billion - it doesn't expect to turn a profit until 2030. OpenAI is investing far more into its chips and data centers to turn OpenAI into a multitrillion-dollar tech giant. The strategy requires near-constant fundraising, which could backfire if markets cool on the technology or its near-term profitability.