Anthropic reports 45% revenue rise as it prepares for a stock market listing

The update shows Anthropic is scaling fast while staying profitable as it moves toward a listing.

Anthropic told prospective investors that its revenue jumped 45% to $16.8bn in the three months to the end of September, underscoring how quickly demand for Claude-based AI services is scaling before a planned public listing. The company also said it had been profitable for a second straight quarter, with revenue rising from $4.7bn in the first quarter to $11.6bn in the second. The listing is expected before year-end, while Anthropic is also expanding abroad and opened an office in Singapore on Wednesday. The update lands as investors have become more cautious about heavy AI infrastructure spending, which has hit chip and other tech stocks.