• bonenode@piefed.socialEnglish
    8·
    3 months ago

    Whats “other” profits here? Kind of weird that this is where most their profits come from and there is no connection to anything they do.

    • PenguinInLaw@sh.itjust.worksEnglish
      3·
      3 months ago

      ”* * First quarter 2026 net income includes pre-tax gains of $16.8 billion included in non-operating income from our investments in Anthropic.”

      Seems like they revalued their investment based on later funding rounds.