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Anthropic Q3 revenue reportedly $16.8B, up 45% from Q2; IPO plans on track

3 people · 10 posts · first post · latest

Anthropic's Q3 revenue reportedly rose to $16.8 billion, per FT and Reuters, up 45% from Q2's $11.6 billion, with IPO plans still on track. No safety-specific angle yet; Roon (OpenAI) says Anthropic's growth has been sluggish only relative to OpenAI, with the industry overall growing. Commentators are speculating the IPO ticker may be $ANT.

All posts · 9, most important first

  1. @andrewcurran_ commentary ·
    The meeting is over and some numbers are starting to be reported by people who were in attendance. Anthropic's third-quarter revenue rose 45% to $16.8 billion. Revenue in the first quarter was $4.7 billion, and $11.6 billion in ⁠the second quarter.
    @andrewcurran_: Anthropic will disclose its third-quarter financials for the first time at a meeting with potential investors tomorrow. The plans for the IPO are still on track. open on X
    1,142 likes · 95 reposts
  2. @andrewcurran_ commentary ·
    43 likes · 0 reposts
  3. @tszzl lab ·
    the only reason it’s been sluggish is because OpenAI’s has been really strong. the total industry is growing apace probably
    206 likes · 3 reposts
  4. @andrewcurran_ commentary ·
    $ANT
    17 likes · 0 reposts
  5. @andrewcurran_ commentary ·
    They call themselves Ants.
    4 likes · 0 reposts
  6. @andrewcurran_ commentary ·
    @ThinkingUSD
    image
    35 likes · 2 reposts
  7. @andrewcurran_ commentary ·
    $110 billion is back on the menu. They must have a lot of confidence in their next model release, the wizard, Fable 5.5.
    image
    @andrewcurran_: The meeting is over and some numbers are starting to be reported by people who were in attendance. Anthropic's third-quarter revenue rose 45% to $16.8 billion. Revenue in the first quarter was $4.7 billion, and $11.6 billion in ⁠the second quarter. open on X
    552 likes · 28 reposts
  8. @andrewcurran_ commentary ·
    12 likes · 0 reposts
  9. @_nathancalvin policy ·
    Anthropic reportedly talking with investors about using Claude to design custom AI chips and that they expect a $110 billion annual revenue run rate by the end of the year. Many people conclude that because they are still going so pedal to the medal on this sort of racing and normal IPO business stuff they must not believe in the severe risks they are warning about but unfortunately I don't believe thats true - from all indications I've seen they (or at least many people at the org) do believe in the catastrophic risks but don't want to take costly precautions that could slow their explosive growth unilaterally and normal business incentives create a massive amount of momentum to continue moving forward at full speed regardless of any misgivings. But there is no question in my mind that walking both of these lines at the same time undermines the credibility of their warnings because its not how most people would imagine themselves behaving if they were in Anthropic's position of believing their tech might cause a massive catastrophe.
    @andrewcurran_: $110 billion is back on the menu. They must have a lot of confidence in their next model release, the wizard, Fable 5.5. open on X
    0 likes · 0 reposts

Reposted by @_nathancalvin.