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News 2026-10-07 07:56 UTC

AI labs face profit questions as losses widen on compute costs

Leading AI labs like Anthropic and Elon Musk's SpaceX are struggling with profitability, as revenues rise but operating losses balloon due to high compute and infrastructure spending. Anthropic's revenue jumped to $4.6 billion in 2025, but its operating loss widened to $8.06 billion, and SpaceX's AI-related capex dwarf