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Goldman Sachs expects Anthropic to reach positive free cash flow by 2030, projecting roughly $33.6 billion in cash generation at that point. The call frames the AI developer's path to self-funding as a key test for the sector's heavy spending on models and compute. Investors will watch Anthropic's revenue growth and cost discipline against the forecast, with the 2030 milestone serving as the benchmark for whether the projection holds.

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