Technology
Anthropic tells investors revenue jumped 45 percent
BBC News··2d ago
Anthropic told prospective investors that revenue rose 45 percent in the three months to the end of September, the BBC reported from a private briefing. The Claude developer is preparing a stock market listing expected before year-end. It also said it made a profit for a second straight quarter. An Anthropic spokesperson declined to comment.
Prism
What It Means For You
- Anthropic is briefing investors for a listing expected before the end of the year.
- Rival OpenAI's Sam Altman has said his firm will not go public this year over safety concerns.
- Falls in chip makers and Softbank show how quickly AI infrastructure bets can reprice.
What's Happening
- The revenue update came in a Wednesday briefing at Anthropic's San Francisco headquarters.
- Softbank shares fell by more than 9 percent on Thursday morning in Asia.
- Samsung fell 9.4 percent and SK Hynix dropped 10.8 percent in the same session.
What Spooked Markets
- Broadcom chief executive Hock Tan said many investors had set extreme expectations on AI spending.
- US inflation data for September came in hotter than expected, raising rate fears.
- Anthropic opened a Singapore office on Wednesday while expanding globally.
all-news
