Anthropic posts $17B third-quarter revenue as landmark AI debut nears
Anthropic reported $17B in Q3 revenue, up 12x YoY, ahead of its IPO. The company posted a net loss of $23.3B, with operating expenses rising 292% YoY. It plans to spend $895.4B on infrastructure, with $69.8B due in the next year. Enterprise adoption is strong, with a 900% net revenue retention rate. The IPO is expected to value the company between $1.4T and $1.75T.




