Anthropic told prospective investors its revenue rose 45% to $16.8bn in the three months to September. The figures come as the firm prepares for a stock market listing and AI spending worries have hit tech shares.
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01Summary
- 01Anthropic's revenue reportedly rose 45% to $16.8bn (£12.7bn) in the three months to the end of September.
- 02The Claude developer briefed prospective investors at its San Francisco headquarters on Wednesday as it prepares for a stock market listing expected before year-end.
- 03The company said revenue had risen from $4.7bn in the first quarter to $11.6bn in the following period this year.
- 04Anthropic also reportedly said it made a profit for the second quarter in a row.
- 05Shares in chip makers including AMD, Nvidia and Intel fell sharply on Wednesday, while Softbank, Samsung and SK Hynix also dropped on Thursday.
02Why it matters
The figures suggest demand for AI services remains strong even as investors worry about the cost of building AI infrastructure. The revenue trend will help shape views on whether AI firms can justify big spending and public market valuations.
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