Anthropic revenue jumps 45% to $16.8bn
Photo: Sasfin Bank
New York — Anthropic’s third-quarter revenue rose more than 45% to $16.8bn from the previous quarter, according to an investor who attended a pre-IPO meeting with Anthropic leadership in San Francisco on Wednesday. Revenue in the first quarter was $4.7bn, and $11.6bn in the second quarter, according to the person who attended the investor day meant to familiarise prospective Anthropic investors before its highly anticipated initial public offering (IPO). The IPO is expected to precede a public listing by rival OpenAI, making Anthropic an early test of investor appetite for heavily unprofitable AI developers pursuing massive scale. Its public-market debut is likely to be pushed until after the November US midterm elections.
Also reported by Euronews.
First reported by Sasfin Bank. This page is a short excerpt; the full text is theirs.
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