Anthropic’s quarterly revenue jumps to $17B, losses grow ahead of IPO
Anthropic PBC today published an updated version of the S-1 filing for its upcoming public offering. The original document, which the company released last Monday, didn’t contain its third-quarter financial results. The new version reveals that Anthropic generated $17 billion in revenue during the three months ended Sept. 30. That’s more than 11 times more […] The post Anthropic’s quarterly revenue jumps to $17B, losses grow ahead of IPO appeared first on SiliconANGLE.
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Anthropic, an artificial intelligence provider, revealed updated financial results in a revised filing ahead of its planned public offering. The company generated $17 billion in quarterly revenue, more than 11 times higher than a year earlier, though its growth rate slowed from the previous quarter. Anthropic posted an operating loss of $536 million in the third quarter, driven by a $5 billion charge for purchasing computing hardware at premium prices due to higher-than-expected demand and a $2 billion charge related to an employee donation matching program. The company has committed to approximately $314 billion in infrastructure purchases and faces competition from open-source models, other AI providers, and technology giants.
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