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Source The New York Times · Published · Open the original ↗

Markets

The Key Numbers From Anthropic’s IPO Filing

We broke down the A.I. company’s key figures, which give insight into the health of its business, its future plans and who’s in charge.

Anthropic, the San Francisco company that makes the Claude chatbot, fully revealed its financials for the first time on Monday as it races to go public in a blockbuster listing as soon as next month. In a filing , the company provided rare insight into the business of a “frontier” A.I. lab that makes cutting-edge A.I. models.

Anthropic generated $16.3 billion in revenue for the first half of this year, up nearly 14-fold from the same period a year ago, a stunning rate of growth. The company generates revenue primarily through selling subscriptions and use of its A.I. models and Claude A.I. products.

Net loss was $80.7 billion for the first half of this year. The loss appeared large because it includes a one-time charge of $72.4 billion related to convertible notes, a type of debt that will later convert into equity, and other financial instruments.

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