Investors Disturbed by Anthropic’s Financial Data

When your company is gearing up for one of the hottest IPOs in stock market history, you’d better believe investors and outside experts alike will be poring over your finances with a fine-toothed comb. This is the situation AI lab Anthropic finds itself in during the run-up to its widely anticipated public offering. Earlier this week, the Wall Street Journal reported that Anthropic had told private investors its revenue had grown 45 percent to nearly $17 billion. That news came nearly a month after news broke that the AI company was bragging to investors that it was profitable — although only if you used a special accounting method that stripped out most of its expenses.

First reported by Futurism. This page is a short excerpt; the full text is theirs.