#AnthropicQ3Revenue16.8B

About AnthropicQ3Revenue16.8B

FT reports Anthropic told prospective IPO investors Oct 14 that Q3 revenue hit $16.8B, up ~46% QoQ. It posted a second straight quarter of adjusted profit, an operating margin of ~11% and positive quarterly cash flow. Revenue growth slowed from Q2 despite commercialization gains. With AI competition and chip and data center spending rising, can growth cover compute costs, and can adjusted profits and cash flow support a potential IPO valuation reportedly near $2T?