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I suppose that’s why they were so keen to report “profit” as “revenue without subtracting costs” recently.

More Perfect Union@moreperfectunion.bsky.social

BREAKING: Anthropic reports an $80 billion net loss in the first half of 2026.

most of the loss is convertible notes. Its a paper loss. mu.social/profile/zach...

Zach Weinersmith@zachweinersmith.bsky.social

Are we gonna do this, Bluesky? Are we all just gonna not understand accounting? 72B$ of the 80B$ is convertible notes. They became greater liabilities because the company's valuation skyrocketed. They don't have an 80B$ loss in the sense that almost everyone here is imagining.

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