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The Economic Times
The Economic Times
Technology

Anthropic Q3 revenue surges 45% to $16.8 billion as AI startup gears up for $2 trillion IPO

Anthropic's third-quarter revenue rose 45% to $16.8 billion from the previous quarter, according to an investor who attended a pre-IPO meeting with Anthropic leadership in San Francisco on Wednesday.

Revenue in the first quarter was $4.7 billion, and $11.6 billion in the second quarter, according to the person who attended the investor day meant to familiarize prospective Anthropic investors before its highly anticipated IPO. The company was profitable on an adjusted basis in the third quarter, Anthropic told the group, the source said.

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