Anthropic’s Q3 revenue sees 45% revenue surge as IPO nears: Report

Anthropic, the company behind the Claude chatbot, has reported a sharp rise in revenue as it prepares for what could become one of the biggest stock market listings in history. The artificial intelligence company’s revenue rose about 45% in the third quarter from the previous quarter to $16.8 billion, Anthropic executives told a group of investors on Wednesday, according to FT. The San Francisco-based company is preparing for an initial public offering (IPO) that could raise more than $100 billion. Its bankers believe the listing could value the company at $2 trillion, potentially making it the biggest public offering ever. Anthropic could begin trading on the stock market as early as next month.

Also reported by Reuters, RTÉ Ireland, ET Now, KahawaTungu and 1 more.

First reported by The Financial Express. This page is a short excerpt; the full text is theirs.