Get the app →
BriefTea logoBriefTea

Every story in sixty words

Get the free app no ads · no paywall

Technology · 22 June 2026

Anthropic chief warns AI firms could go bankrupt

Anthropic chief warns AI firms could go bankrupt

Illustration: AI-generated for editorial context. Not photographic evidence.

His point is blunt: the AI boom only works if revenue catches up with the vast sums being spent on computing power. Dario Amodei, who runs Claude maker Anthropic, has argued firms may need hundreds of billions in yearly revenue or risk going broke. He has put the figure as high as $1tn, and the comments, made months ago, are circulating again now.

Reported by Fortune · How we write briefs

More briefs

WorldTrump says America might bomb Iran's underground Pickaxe Mountain nuclear site PoliticsAndy Burnham rules out Scottish independence vote while offering more local powers GeneralObama praises Manchester workers who starved for US anti-slavery fight GeneralEnergy firms get winter loss protection if customers switch to cheaper deals SportsWhy HMRC just got £110m from football tax checks BusinessPound climbs to $1.3329 after strong August UK growth data Browse all stories →