Anthropic is going to have its first profitable Quarter  

Anthropic has told its investors that it will more than double revenue to around $10.9 billion in its second quarter and deliver an operating profit for the first time, according to the Wall Street Journal. But... it says it may not remain profitable throughout the year due to the large compute costs it’s expected to incur. 

It comes as Salesforce reveals its spent $300 million on AI tokens, hasn’t hired a software engineer since Jan 2025, and cut 4000 support staff. So is AI efficiency, or is it a change in spend?  

  

Meta has launched two new apps in two weeks  

Last week they launched Instants, which is designed to be a Snapchat or BeReal style app which has disappearing photos. They can’t be screenshotted and they’re meant to be for things that you don’t want on your story or grid. It’s its own app but is heavily tied to Instagram.  

Then this week they launched Forum – a Reddit competitor. Designed to be a “dedicated space built for deeper discussions, real answers and communities you care about.” It will be more focused on the conversations apparently.  

It seems to be tied in with Facebook groups because what you post will be there too. Seems it’s more of a “new view” on top of the existing infrastructure.  

 

LISTEN ABOVE 

Anthropic is going to have its first profitable Quarter &nbsp;
Anthropic has told its investors that it will more than double revenue to around $10.9 billion in its second quarter and deliver an operating profit for the first time, according to the Wall Street Journal. But... it says it may not remain profitable throughout the year due to the large compute costs it’s expected to incur.&nbsp;
It comes as Salesforce reveals its spent $300 million on AI tokens, hasn’t hired a software engineer since Jan 2025, and cut 4000 support staff. So is AI efficiency, or is it a change in spend? &nbsp;
&nbsp;&nbsp;
Meta has launched two new apps in two weeks &nbsp;
Last week they launched Instants, which is designed to be a Snapchat or BeReal style app which has disappearing photos. They can’t be screenshotted and they’re meant to be for things that you don’t want on your story or grid. It’s its own app but is heavily tied to Instagram. &nbsp;
Then this week they launched Forum – a Reddit competitor. Designed to be a “dedicated space built for deeper discussions, real answers and communities you care about.” It will be more focused on the conversations apparently. &nbsp;
It seems to be tied in with Facebook groups because what you post will be there too. Seems it’s more of a “new view” on top of the existing infrastructure. &nbsp;
&nbsp;
LISTEN ABOVE&nbsp;

Jack Tame’s crisp perspective, style and enthusiasm makes for refreshing and entertaining Saturday morning radio on Newstalk ZB.

News, sport, books, music, gardens and celebrities – what better way to spend your Saturdays?

Jack Tame’s crisp perspective, style and enthusiasm makes for refreshing and entertaining Saturday morning radio on Newstalk ZB. News, sport, books, music, gardens and celebrities – what better way to spend your Saturdays?

Jack Tame’s crisp perspective, style and enthusiasm makes for refreshing and entertaining Saturday morning radio on Newstalk ZB.News, sport, books, music, gardens and celebrities – what better way to spend your Saturdays?

Saturday Morning with Jack Tame

Paul Stenhouse: Anthropic's set for its first profitable quarter, Meta launches Snapchat, Reddit competitors

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/9831d602-0131-4f68-ad4e-b45201811768/transcript