Anthropic reports third-quarter revenue of $16.8 billion ahead of IPO
Anthropic reported profit for the second consecutive quarter. Its third-quarter revenue reached $16.8 billion, with first-quarter revenue at $4.7 billion. The company has committed $518 billion to cloud services and aims for a $2 trillion valuation.
- Anthropic achieved profit in the second consecutive quarter with revenue of $16.8 billion in Q3 and $4.7 billion in Q1.
- Anthropic has committed at least $518 billion over a decade to cloud services.
- Investors expect Anthropic to reach $110 billion in annualized revenue by year-end and target a valuation exceeding $2 trillion.
- Anthropic expects its initial public offering this year.
Outlets: Business Standard, Financial Times, Handelsblatt, Hospodářské noviny, International: Top News And Analysis, MyJoyOnline, The Business Standard (BD), The Irish Times
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