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Anthropic Revenue Hits Nearly $17 Billion Before Blockbuster IPO

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Anthropic Revenue Hits Nearly $17 Billion Before Blockbuster IPO Anthropic PBC reported third-quarter revenue of nearly $17 billion as of Sept. 30, a twelve-fold increase versus the same period a year ago that’s set to stoke anticipation for the artificial intelligence lab’s potentially record-breaking IPO. The firm behind the Claude platform had a $23.3 billion net loss in the three months through end-September versus a $12.1 billion net loss in the same period last year, according to a...

Anthropic Revenue Hits Nearly $17 Billion Before Blockbuster IPO Anthropic PBC reported third-quarter revenue of nearly $17 billion as of Sept. 30, a twelve-fold increase versus the same period a year ago that’s set to stoke anticipation for the artificial intelligence lab’s potentially record-breaking IPO. The firm behind the Claude platform had a $23.3 billion net loss in the three months through end-September versus a $12.1 billion net loss in the same period last year, according to a filing on Monday with the US Securities and Exchange Commission. Its operating expenses jumped to $17.5 billion in the quarter, a 292% increase from a year prior.
PBC (ORG) IPO (ORG) Claude (PERSON) the US Securities and Exchange Commission (ORG)
Originally published by Bloomberg Technology Read original →