Anthropic's 16.8 Billion Dollar Quarter Still Was Not Fast Enough for the AI Trade
Anthropic gave prospective investors its clearest financial picture yet in San Francisco on Wednesday, and the headline number is enormous by any normal standard. Multiple reports from the investor day, first reported by the Financial Times, put third-quarter revenue at 16.8 billion dollars, up roughly 45 percent from 11.6 billion dollars in the second quarter. The company also told attendees it was profitable on an adjusted basis for a second straight quarter and cash-flow positive in the quarter, ahead of a planned initial public offering in November.