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Anthropic Says Revenue Jumped 45% to $16.8 Billion in Third Quarter

Anthropic Says Revenue Jumped 45% to $16.8 Billion in Third Quarter

Tech New York Times
Anthropic reported a 45% quarterly revenue jump to $16.8 billion, positioning itself for a $2 trillion valuation in an upcoming IPO.
What: The AI lab, led by Dario Amodei, is preparing for what could be the largest IPO in history, potentially trading as soon as November 2026.
Why it matters: A successful, massive listing for Anthropic would validate the high-cost, high-compute AI business model for public markets and likely trigger a wave of further AI-focused offerings.
Original article

Anthropic told investors recently that the company's revenue for the third quarter jumped about 45% from the prior quarter to $16.8 billion. The AI lab is currently pursuing what may become the largest-ever initial public offering. Its IPO could value the company at $2 trillion. The San Francisco company is expected to begin trading as early as next month. A successful launch from Anthropic could reopen the door for other listings and provide a vote of confidence for the industry.

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