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deep tech The Register July 06, 2026

AI startup that’s never turned a profit say's it'll totally be around in 2047 to close its $19B lease

AI startup that’s never turned a profit say's it'll totally be around in 2047 to close its $19B lease
AI Summary

In its short life, Anthropic has captured hearts, minds, and wallets – and spooked the US government – but it hasn’t actually turned a profit. That’s not stopping CEO Dario Amodei from signing a two-decade lease with crypto-mining outfit turned AI datacenter operator TeraWulf. Anthropic believes it’s not only going to survive any AI bubble burst but keep operating until 2047, or at least that’s what it (probably) wants prospective investors in its upcoming initial public offering.

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