Anthropic's Cloud Partnerships Boost Revenue and Costs
Anthropic PBC increasingly depends on Google, Amazon, and Microsoft to sell its AI technology. Customers access Anthropic’s Claude AI models via these cloud providers, who bill customers and share revenue with Anthropic. This channel accounted for 48% of revenue in H1 2026, up from 11% in 2023. Sales reached $11.6 billion in Q2 with a $974 million operating profit, but fees to partners rose sharply, increasing sales and marketing costs to $3.2 billion in H1 2026.
HT Business·


