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Anthropic Reports 45% Q3 Revenue Growth Ahead of IPO
Ahead of a potential November initial public offering that could value it at up to $2 trillion, Anthropic reported $16.8 billion in revenue for the third quarter, marking a 45% sequential increase from $11.6 billion in the second quarter. The company also achieved adjusted profitability for the first time. This growth occurs as the broader AI industry faces scrutiny over safety and increasing competition from cost-effective open-source and open-weight models.
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