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Stories connected through a shared idea, actor, technology or theme.
SpaceX says its AI business became its largest revenue segmentSpaceX reported $14.6 billion in quarterly revenue and $4.4 billion in profit, while its AI business became the company’s largest revenue contributor. Starlink remained the largest profit generator, making the result a mixed picture of AI growth and connectivity economics.→Anthropic reportedly expects another profitable quarterAnthropic told investors it expects adjusted operating income to remain positive for a second straight quarter, the Financial Times reported through Reuters coverage. The claim is a reported investor update rather than an audited public result from Anthropic.→MiniMax reports rapid platform growth alongside heavy lossesMiniMax reported first-half revenue of US$116.6 million, up 283.1% year on year, while revenue from its Open Platform and other AI enterprise services rose 703.1% to US$73.9 million. Gross profit increased sharply, but adjusted net loss reached US$293.0 million, showing that commercial scale and compute-heavy spending are expanding together.→Anthropic’s reported annualised revenue run rate passes $65 billionTechCrunch reported that Anthropic’s annualised revenue run rate passed $65 billion at the end of July, up from $47 billion in May and $9 billion at the end of 2025, citing Bloomberg. The report said investors expect the run rate to reach $100–120 billion by the end of 2026, but Anthropic did not confirm the figures to TechCrunch.→