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Anthropic's stock market filing shows an 85% gross margin from running its AI models

The Information reports that Anthropic's IPO filing, published on Monday, shows an 85% gross margin in the first half of the year from running its models. That means Anthropic kept most of what customers paid after the direct cost of serving them. The Information calls it a reality check for skeptics who said selling AI by usage would not be profitable. The Verge looks separately at how Anthropic plans to resist pressure from future shareholders to cut corners on safety, and Ars Technica picks out the AI risks the filing warns about.

Why it matters: A high margin on running models is not the same as overall profit. Training costs sit outside this figure.
From the filingTechmeme