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MAJORChinese Media2026-11-02 15:02

Anthropic's Q3 Revenue Hits $17 Billion, Up 11x Year-on-Year, as It Races Toward the Largest IPO in History

Anthropic disclosed third-quarter revenue of nearly $17 billion, up about 11 times year on year, alongside a net loss of $23.3 billion and $895 billion in committed spending, mostly for compute and infrastructure. It matters because the company, which filed for an IPO on October 26 and aims to list before Thanksgiving in the US with a reported valuation of $1.4-1.5 trillion, would be the first leading frontier-model lab to go public.

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