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International Business Times
International Business Times
Technology

Anthropic's Quarterly Revenue Jumps. The Company Says It's Now Cash-Flow Positive.

Anthropic Claude Amazon Barclays Google Stock Market
The company behind the Claude AI models generated $4.7 billion in revenue during the first quarter, before more than doubling that figure in the April-to-June period. (Credit: Getty Images)

Anthropic reported $16.8 billion in third-quarter revenue and positive cash flow as the artificial intelligence company presented its latest financial results to prospective investors ahead of a planned initial public offering.

Revenue increased approximately 45% from $11.6 billion in the second quarter, while the company also reported profitability on an adjusted basis for the second consecutive quarter. The figures were shared during a private investor presentation at Anthropic's San Francisco headquarters on Wednesday.

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