Anthropic's quarterly revenue jumped 45% to nearly $17 billion, the artificial-intelligence giant said in a filing with public-market investors Wednesday. The surge reflects strong demand for its Claude AI models and enterprise software, which have attracted major corporate clients across finance, healthcare and technology sectors. The company also disclosed plans to expand its data-center footprint in the U.S. and Europe, citing a need to support growing computational loads.
Ahead of its planned IPO next month, executives met with public-market investors to gauge appetite for shares and discuss valuation expectations. Analysts project the offering could raise between $3 billion and $5 billion, depending on market conditions. The IPO is expected to take place on the NASDAQ under the ticker symbol ANTP, with Goldman Sachs, JPMorgan and Morgan Stanley serving as lead underwriters.
Shares have been privately traded at valuations reaching $120 billion, making it one of the most valuable AI startups globally. Company leadership emphasized that public listing will provide capital for research and development, particularly in alignment safety and multilingual capabilities. The board also approved a secondary sale component allowing early investors to offload portions of their stakes.
Regulatory filings indicate the company generated over $6 billion in operating cash flow during the quarter, up from $4.1 billion sequentially.
Source: Wall Street Journal Markets · Summarized by HeadlinesBriefing