Some investors are considering a $1.5 trillion valuation for Anthropic’s upcoming IPO, down 25% from earlier expectations of $2 trillion.
Anthropic reported $16.8 billion in Q3 revenue, up 45% quarter-over-quarter, but growth slowed sharply after revenue more than doubled in Q2.
The company also reported adjusted profitability for the quarter.
The key concern: Slowing revenue growth and rising AI infrastructure costs could weigh on one of the most anticipated IPOs.
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RU | BigLiquid | Pro Channel