Anthropic tells investors it will be profitable for second straight quarter

Re:Anthropic tells investors it will be profitable for secon... by freejazz on Monday September 14, 2026 @12:48PM (#49699941)

Isn't training necessary for the end-product? How is it not a cost to generate the output if you can't generate the output without having done the training? Seems more like saying that a car is profitable product when you don't have to account for the steel that its made from. Seems completely disingenuous.

[ Parent | on HN ]

Re:Anthropic tells investors it will be profitable for secon... by seizethecheese on Monday September 14, 2026 @01:13PM (#49700431)

In what case is capex (for any company) not required for the end product? Are you arguing capex is disingenuos as a concept?

In your car example the training is much like setting up the manufacturing line.

I think the issue here is that the capex depreciates super fast since the models obsolete really fast.

[ Parent | on HN ]

Re:Anthropic tells investors it will be profitable for secon... by freejazz on Monday September 14, 2026 @01:57PM (#49701100)

If my company sells widgets and dongles, capex for the dongle line does not figure into widget COGS

[ Parent | on HN ]

Re:Anthropic tells investors it will be profitable for secon... by icedchai on Monday September 14, 2026 @01:03PM (#49700272)

It's an accounting trick.

[ Parent | on HN ]