Anthropic's S-1 shows an 85% gross margin in the first half from running its models. Latent Space's summary adds 48% of revenue through cloud partners and $1B in Q2 operating profit.
Why it mattersIt is the first public look at whether pay-as-you-go model sales can be profitable, which anchors pricing for anyone building on frontier models.
Apple added a beta assistant built on Apple and OpenAI models to Keynote, Pages, Numbers and Logic Pro, with MCP support in Keynote, Pages and Numbers.
MCP support in mainstream desktop software gives agent builders a standard way to reach documents and presentations.
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