Some investors are considering valuing Anthropic’s upcoming initial public offering at $1.5 trillion, down 25% from an earlier $2 trillion expectation, according to Reuters. The revised figure comes as the company reported $16.8 billion in third-quarter revenue, up 45% from the previous quarter. Even so, that pace marked a sharp slowdown after revenue more than doubled in the second quarter. Anthropic also reported adjusted profitability for the quarter. The update points to a lower valuation expectation heading into the company’s anticipated IPO while keeping attention on how quickly its revenue growth is moderating after a much stronger prior quarter.
Some investors are weighing a $1.5 trillion valuation for Anthropic’s upcoming initial public offering, down 25% from an earlier $2 trillion expectation, according to Reuters.
Anthropic reported $16.8 billion in third-quarter revenue, up 45% quarter over quarter. That growth slowed sharply after the company said revenue had more than doubled in the second quarter.
The company also reported adjusted profitability for the quarter.
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