Anthropic Hits $16.8 Billion but IPO Buzz Starts to Cool
By Damilola Esebame
Source excerpt · FinanceFeeds
Anthropic told prospective investors at a pre-IPO meeting in San Francisco on October 14 that third-quarter revenue reached $16.8 billion, up 45% from $11.6 billion in the second quarter, Reuters reported , citing an investor who attended the event. The Claude developer also disclosed that it was profitable on an adjusted basis during the quarter, marking a financial milestone as the company prepa…