Anthropic's revenue rises 12× but posts $23.3B quarterly net loss
Anthropic reported nearly $17 billion in quarterly revenue, about 12 times year‑earlier levels, but operating costs of $17.5 billion produced a $23.3 billion net loss for the quarter. The company told investors its cost spike was driven by about $5 billion in short‑term compute capacity and $2 billion in employee donation matching; its updated prospectus shows $895 billion in compute and data‑center commitments and discusses an IPO that could raise roughly $100 billion with up to $3.5 billion expected from Japanese investors, amid new deals for capacity with Amazon, Google, SpaceX and others.