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Anthropic revenue surges to $16.8bn ahead of stock market listing
Overview
Artificial intelligence firm Anthropic reported a 45% surge in revenue to $16.8bn for the three months to the end of September as it briefs prospective investors ahead of an anticipated share sale by the end of the year.
Key points
- Anthropic's revenue reached $16.8bn (£12.7bn) in the three months to the end of September.
- The figures were shared as the Claude-developer briefed prospective investors at its San Francisco headquarters.
- The company is laying the groundwork for a share sale expected by the end of the year.
- Anthropic's revenue has increased across successive quarters this year, rising from $4.7bn in the first quarter to $11.6bn in the second.
- Rival firm OpenAI is also eyeing a major stock market listing expected to value the company at over $1tn, though CEO Sam Altman stated it will not go public this year.