Anthropic posts $23.3 billion quarterly loss despite twelvefold revenue
Original title: Anthropic grows revenue twelvefold but posts $23 billion loss
Operating costs of $17.5 billion erased the prior quarter's profit, with $895 billion in compute and data-center commitments.
According to Bloomberg and The Information, Anthropic reported quarterly revenue of nearly $17 billion, twelve times a year earlier, but an operating loss after $17.5 billion in costs. Net loss was $23.3 billion, up from $12.1 billion a year ago. Anthropic cited $5 billion for short-term compute and $2 billion in employee donation matching. The New York Times reports an IPO that could raise around $100 billion, with up to $3.5 billion expected from Japanese investors.
Unconfirmed: Revenue, loss, compute deals, and IPO size are attributed to Bloomberg, The Information, and the New York Times.
- Revenue was nearly $17 billion, about twelve times a year earlier.
- Net loss rose to $23.3 billion from $12.1 billion a year ago.
- The prospectus lists $895 billion in compute and data-center lease commitments.
- Anthropic expects more than 3.5 gigawatts of power this year and plans to double it.
From the original article
1 min read at the-decoder.com
Anthropic has released new financial results shortly before its planned initial public offering and has once again slipped into the red on an operating basis. The article Anthropic grows revenue twelvefold but posts $23 billion loss appeared first on The Decoder.
By Maximilian Schreiner · the-decoder.com
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