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MSB INTEL MSB INTEL @msbintel · 117 subscribers
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Anthropic hits $16.8B Q3 revenue, swings to profit before IPO

Anthropic reported Q3 revenue of $16.8 billion, up 50% from the prior quarter, and achieved profitability ahead of its planned November initial public offering, according to disclosures to investors.

The AI company's quarterly revenue growth and path to positive earnings mark a significant milestone for the San Francisco-based firm as it prepares for public markets. The November IPO timeline remains on track.

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