Source The New York Times · Published · Open the original ↗
Markets
Anthropic Reveals $17 Billion in Revenue as I.P.O. Approaches
The A.I. company’s quarterly revenue totaled $17 billion, 12 times as high as the same quarter last year, while its net loss totaled $23 billion.
Anthropic revealed on Monday that its third quarter revenue had increased twelvefold from a year earlier, as it updated its financial disclosures a week after releasing its filing for a public offering.
Anthropic’s revenue in the third quarter was $17 billion, while its net loss was $23 billion.
Anthropic had already disclosed many of its financials in a closely watched prospectus last month , but most of the figures covered only the first half of the year. The third-quarter results are particularly crucial for investors, because the pace of change in artificial intelligence is so rapid that a company’s financial position can change drastically in a short time.
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