Yes, but --- using something they call "adjusted operating income".

This is reportedly a sort of "Enron" accounting which excludes some really big expenses like revenue sharing, the cost of model training and hardware deploymments which are kept off the corporate balance sheet using "special finance vehicles".

https://www.msn.com/en-us/technology/artificial-intelligence...

Great. Can we please have fkin thought traces back

GAAP or non GAAP profitable?

> Anthropic's gross margins are above 80% before accounting for revenue shared with distribution partners, including Amazon (AMZN.O), opens new tab, and the cost of training its model, the newspaper said.

Yes the company known for famously training 1 model

"profitable without COGS" doesn't actually mean anything at all does it?

Seeing a lot of tricks similar to how ridesharing companies tried to be "profitable" before going to IPO. Caveat: Thing have materially improved but really Uber is carried by its insane Ads margins

The idea of removing model training from your costs is a little wild tbh.

The profitability of being able to serve a query wasn't really under question (nor is the margin expected to be anything less than 80%+) I think.