Anthropic's loss shrinks as revenue jumps ahead of its IPO

The AI company's net loss fell to US$23.29 billion in the three months ended Sep 30, from US$66.3 billion in the second quarter, an amended regulatory filing showed Monday.

Third-quarter revenue

16.96 billion US$

Revenue climbed to US$16.96 billion from US$11.56 billion, while the company posted an operating loss of US$567 million.

What's next

Anthropic is expected to start marketing shares to investors the week of Nov 9, in what could be the biggest IPO on record, according to reports.

Computing commitments

895.4 billion US$

The company has about US$895.4 billion in computing commitments with partners including Amazon and Google, among the largest on record.