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Anthropic’s $2 Trillion IPO Pitch Meets a Revenue Growth Slowdown

Anthropic reportedly earned $1.70 in revenue for every $1 it spent on computing power in the third quarter. The artificial intelligence (AI) company shared the figure with investors weeks before its planned November initial public offering (IPO). Revenue rose 50% to $16.8 billion in the quarter, alongside a second straight adjusted profit. However, revenue grew The post Anthropic’s $2 Trillion…

Anthropic’s $2 Trillion IPO Pitch Meets a Revenue Growth Slowdown
BeInCrypto
AI summary

Anthropic reportedly generated $1.70 in revenue for every $1 spent on computing power in Q3, with revenue rising 50% to $16.8 billion and a second consecutive adjusted profit ahead of its planned November IPO. The article notes a revenue growth slowdown, which could temper the $2 trillion valuation pitch. This is an AI-sector story with no direct crypto market impact, though it may influence broader tech risk sentiment.

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