Summary
From the article:
Anthropic executives told a roomful of investors on Wednesday that the company’s revenue for the third quarter jumped about 45 percent from the prior quarter to $16.8 billion, as it pursues what may become the largest-ever initial public offering, two people with knowledge of the company’s presentation said.
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In the meeting with potential investors at its headquarters, Anthropic sought to generate enthusiasm for the upcoming deal. Revenue was up from $11.6 billion in the second quarter. The company also said it was profitable after making certain adjustments, which is not a bottom-line number. And it said its gross margin, or revenue minus direct costs associated with generating that revenue, was 85 percent after making certain adjustments.
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Anthropic, which filed to go public in June, has not yet made its prospectus — which lays out its financial performance — public. Wednesday was the first official opportunity for potential I.P.O. investors to get a glimpse into the numbers, which may give insight into the health of the broader A.I. industry and will help determine the valuation Anthropic will get in its listing.