Anthropic reported revenue of nearly $17 billion for the third quarter ended Sept. 30, up 12x from a year earlier, according to a filing submitted to the U.S. Securities and Exchange Commission on Monday. The Claude developer also posted a net loss of $23.3 billion for the three-month period, compared with a net loss of $12.1 billion a year earlier, while operating expenses rose 292% year over year to $17.5 billion. The filing showed Anthropic had $895 billion in contractual and other committed spending, with most of that tied to computing capacity and infrastructure. Of that amount, about $448 billion is expected to be incurred by the end of 2030, including roughly $70 billion due in the 12 months through September 2027. Anthropic filed for an initial public offering on Oct. 26 and plans to go public before the U.S. Thanksgiving holiday. People familiar with the matter had previously said the company was seeking to raise an amount equal to or greater than the $86.2 billion raised when SpaceX went public.
Anthropic reported nearly $17 billion in revenue for the third quarter ended Sept. 30, a 12-fold increase from the same period last year. The result has added to expectations around the artificial intelligence company's initial public offering, which could rank among the largest on record.
In a filing submitted to the U.S. Securities and Exchange Commission on Monday, the Claude developer said it posted a net loss of $23.3 billion for the three months through the end of September, compared with a net loss of $12.1 billion a year earlier. Operating expenses rose to $17.5 billion in the quarter, up 292% year over year.
Committed spending centers on compute and infrastructure
The filing also showed Anthropic had total contractual and other committed spending of $895 billion. Most of that amount is tied to computing capacity and infrastructure.
About $448 billion is expected to be incurred by the end of 2030. Within that total, roughly $70 billion is scheduled to be paid during the 12 months through September 2027.
IPO filing submitted on Oct. 26
Anthropic filed for an initial public offering on Oct. 26 and plans to list before the U.S. Thanksgiving holiday.
People familiar with the matter had previously said the company wanted to raise an amount equal to or greater than the $86.2 billion collected when SpaceX went public.
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