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Regarding subsidy/profits: Anthropic at least seems to be on track to report a profitable Q2 2026

> Anthropic has projected revenue of at least $10.9 billion for the second quarter of 2026, more than double the previous quarter, on track for its first quarterly operating profit of $559 million.

https://www.reuters.com/business/anthropic-ipo-valuation-hin...

You should look at the first decade of other capital-intensive companies, like FedEx or spacex.

The whole point of investment in private companies is to subsidize u profitable operations. If companies came out the gate being profitable they wouldn’t need investors.

> How do they afford to buy all the books in the world?

You are on a VC website at first place, what question is this?

The same way they can afford to build new data centres - they get investment money.