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moves money Tech-Economic Times October 15, 2026

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

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

Anthropic reported a 45% increase in revenue for the third quarter, reaching $16.8 billion. The company's revenue for the first and second quarters was $4.7 billion and $11.6 billion, respectively. Anthropic aims for a valuation exceeding $2 trillion, emphasizing substantial revenue growth despite significant operational losses.

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