Anthropic Q3 revenue hits $16.8bn ahead of anticipated IPO

Anthropic reported Q3 revenue of $16.8bn, a significant jump, and held investor presentations in San Francisco ahead of a likely public listing. The figures signal strong commercial traction for its AI models, though the IPO timing and valuation remain unconfirmed. This development underscores the rapid scaling of leading AI labs and could influence investor sentiment toward the AI sector.