Business · Companies · 1 hr ago
Anthropic to share third-quarter finances with investors as it prepares for IPO
Anthropic plans to share its third-quarter finances with institutional investors on Oct.
14.
The AI company filed confidentially for a US stock market listing earlier this year.
Reports have suggested a November IPO, but no date has been confirmed.
OpenAI recently disclosed lower annualized revenue than previously reported, saying the difference came from accounting methods, not weaker demand for AI.
Anthropic may count cloud-partner sales differently from OpenAI, which excludes the portion it does not keep.
That difference could make the companies’ reported revenues harder to compare.
How Anthropic calculates its revenue remains unclear, and its possible IPO timing is still unconfirmed.
Anthropic plans to disclose its third-quarter financial situation to institutional investors on Oct. 14, according to a report citing anonymous sources.
The artificial intelligence company is preparing for an initial public offering.
Anthropic filed a confidential listing application with the US Securities and Exchange Commission earlier this year.
Reports have suggested a November listing, but no specific date has been confirmed.
It is unclear how Anthropic will calculate the revenue it discloses.
- Who
- Anthropic, an artificial intelligence model developer.
- What
- It plans to disclose its third-quarter financial situation to institutional investors.
- When
- Oct. 14, according to the report.
- Where
- At a meeting with institutional investors; the location is not stated.
- Why
- Anthropic is preparing for an initial public offering.
This story does not have two clearly opposing sides.
Anthropic filed a confidential listing application with the US Securities and Exchange Commission.
OpenAI issued a financial report to existing investors, stating annualised revenue of $50 billion rather than the previously reported $70 billion.
Anthropic is expected to disclose its third-quarter financial situation to institutional investors.
- Planned disclosure
- Third-quarter financial situation
- Meeting date
- Oct. 14
- Listing application
- Filed confidentially with the US Securities and Exchange Commission earlier this year
- Possible listing timing
- Reports have suggested November; no specific date is confirmed
- OpenAI annualised revenue
- $50 billion, compared with a previously reported $70 billion
1 source
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