Anthropic reportedly told investors revenue rose 45% ahead of possible IPO

Anthropic reportedly told investors that its revenue rose 45% to $16.8 billion in the three months ended in late September, according to the BBC. The figure was presented at a briefing for prospective investors as the Claude developer prepares for a possible stock-market listing, expected before the end of the year. Revenue reportedly increased from $4.7 billion in the first quarter to $11.6 billion in the following period.

According to the BBC, Anthropic also reportedly said at the meeting that it had posted a profit for a second consecutive quarter. The information comes as investors worry about the hundreds of billions of dollars being spent on artificial-intelligence infrastructure; shares in chipmakers and other technology companies fell in the United States and Asia. Anthropic declined to comment.