Anthropic reports 45% revenue jump to $16.8 billion
The AI company disclosed the growth at an investor meeting as it prepares for a stock market debut expected later this year.
By Standard Topic. AI-generated from the reporting listed under Coverage. Published . Updated .
This story is no longer being updated. It reflects reporting up to .
What happened
Anthropic said its revenue rose 45% to $16.8 billion in the third quarter. The figures were shared at an investor meeting held on Wednesday. The company plans an initial public offering as soon as next month.
Why it matters
The company is preparing a major stock market debut, and some observers say its slowing growth could unsettle investors already worried about AI.
Timeline
- Oct 14, 7:57 PM ET: Anthropic said its third-quarter revenue jumped 45% to $16.8 billion at an investor meeting.
- Oct 15, 12:23 PM ET: CNBC discussed Anthropic's revenue growth and its pre-IPO investor day on air.
Coverage
- Anthropic's revenue growth in focus (CNBC)
- Anthropic's third-quarter revenue is said to hit $16.8 billion ahead of IPO (CNBC)
- Anthropic revenue surges to $16.8bn ahead of stock market listing (BBC)
- Anthropic’s slowing growth could be the AI trade’s latest red flag (marketwatch.com)
- Anthropic Says Revenue Jumped 45% to $16.8 Billion in Third Quarter (The New York Times)
More from Business
- Musk pledges SpaceX stock for every American child next year
- Small businesses sue to halt Trump's tariffs on Canadian imports
- Houthi attacks force Saudi Arabia to postpone investor conference
- Bank of America keeps October rate hike call despite markets
- Connecticut man admits losing $1.16M of investor crypto funds
- AI stock selloff keeps markets jittery as CoreWeave debt worries spread