CONNECT WITH US
AI & Deeptech

AI & Deeptech

Anthropic's Q3 revenue hits $16.8B but growth slows ahead of planned November IPO

The Decoder logo

Published on

Add as a preferred source on Google
Anthropic's Q3 revenue hits $16.8B but growth slows ahead of planned November IPO

Anthropic hit $16.8 billion in third-quarter revenue, a 45 percent gain that still falls far short of Q2's 140 percent surge. With a November IPO approaching, some investors now expect the company's valuation to drop below $1.5 trillion. Slowing growth and a tough market are cooling expectations for the AI boom's biggest Wall Street test yet.

The article Anthropic's Q3 revenue hits $16.8B but growth slows ahead of planned November IPO appeared first on The Decoder.



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We TheMorningPulse.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.