Anthropic tells investors quarterly revenue up nearly 50% to $16.8bn ahead of IPO
Anthropic told investors Q3 revenue reached $16.8 billion, nearly 50% higher, ahead of an IPO.
Simon Willison summarized a Financial Times report on Anthropic's investor briefing ahead of a planned IPO. Quarterly revenue rose from about $4.8 billion in Q1 to $11.5 billion in Q2 and $16.8 billion in Q3, nearly 50% sequential growth. In Q3 Anthropic reported $1.70 of revenue for every $1 spent on computing power, with an 11% adjusted operating margin excluding stock-based compensation. The company has also tightened controls on model distillation.
- Q3 revenue was $16.8 billion, up from $11.5 billion in Q2.
- Q1 revenue was about $4.8 billion.
- Q3 produced $1.70 of revenue per $1 of compute.
- Adjusted operating margin excluding stock pay was 11%.
- Anthropic is also restricting model distillation.
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From the original article
Anthropic tells investors quarterly revenue up nearly 50% to $16. 8bn ahead of IPO The phrase "told investors" appears four times in this FT article, which reports on Anthropic's day of hosting investors on Wednesday. Lots of details in here from " people with knowledge of the matter ".
simonwillison.net
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