Anthropic eyes Nasdaq listing as a second profitable quarter aims to win over investors ahead of a mega-IPO
Anthropic reports a second straight profitable quarter with $11.5B quarterly revenue and prepares a Nasdaq IPO at a possible $2T-plus valuation.
Anthropic told investors it will be profitable for a second consecutive quarter, though the claim uses an adjusted metric excluding costs like stock-based compensation. Quarterly revenue jumped 14-fold year over year to $11.5 billion, with an annualized run rate of $65 billion at the end of July and gross margins above 80 percent before revenue-sharing and training costs. The company plans a Nasdaq listing at a possible valuation of $2 trillion or more, while SemiAnalysis expects $120 billion in annualized revenue by year-end. The news coincides with CEO Dario Amodei's public call to slow AI development, backed by Sam Altman and Elon Musk.
- Quarterly revenue up 14x year over year to $11.5 billion
- Annualized run rate hit $65 billion at end of July
- Possible Nasdaq IPO valuation of $2 trillion or more
- Profitability claim rests on adjusted metric excluding stock-based compensation
From the original article
1 min read at the-decoder.com
Anthropic has told investors it will turn a profit for the second straight quarter, but the claim rests on an adjusted metric that leaves out costs like stock-based compensation. The article Anthropic eyes Nasdaq listing as a second profitable quarter aims to win over investors ahead of a mega-IPO appeared first on The Decoder.
By Maximilian Schreiner · the-decoder.com
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