Anthropic Plans Significant Reduction In Cash Spending By 2025

According to Odaily, Anthropic, an AI research company, plans to significantly reduce its cash spending by nearly half in 2025 after spending $5.6 billion last year. The company anticipates its revenue could reach $3.7 billion this year as it continues to compete with OpenAI. Furthermore, Anthropic projects that its revenue could grow to $34.5 billion by 2027.