Anthropic told investors its third-quarter revenue stands at $16.8 billion, up from $11.6 billion in the second quarter and $4.7 billion in the first quarter. The company said it was profitable on an adjusted basis and cash-flow positive, generating $1.70 in revenue for every dollar spent on computing power. Investors expect Anthropic to reach $110 billion in annualized revenue by year-end. The IPO of the Claude maker is reportedly slated for November.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
