Anthropic results may aid IPO but not AI trade, analysts say
Photo: The Hindu BusinessLine
FILE PHOTO: Anthropic generated $16.8 billion in quarterly revenue and positive free cash flow, with an adjusted gross margin of 85%, showing that its artificial intelligence investments are starting to pay off. | Photo Credit: Dado Ruvic Anthropic PBC’s third-quarter results may strengthen the case for its expected initial public offering, though they are unlikely to dispel doubts over the global AI trade, according to some investors and analysts. The company generated $16.8 billion in quarterly revenue and positive free cash flow, with an adjusted gross margin of 85%, according to people familiar with the matter, providing evidence that its…
Also reported by Bloomberg.com.
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