business
Anthropic Woos Investors With 45% Revenue Surge Before IPO
Anthropic reported that revenue rose 45% to $16.8bn (£12.7bn) in the three months ending in September, according to BBC News, which cited figures the company presented to investors at an event in San Francisco ahead of an expected stock market listing. The company also told attendees it had posted a third-quarter profit on an adjusted basis, an accounting measure that excludes non-recurring costs, the BBC reported.
How much has Anthropic's revenue grown this year?
The BBC reported that Anthropic's revenue has climbed in successive quarters in 2026, from $4.7bn in the first three months to $11.6bn in the second and $16.8bn in the third. Investors who left the briefing were described by the BBC as optimistic about the pace of growth and the company's path to profitability. The figures were presented as evidence that Anthropic can generate returns despite spending heavily on computing infrastructure.
What safety concerns has Anthropic itself raised?
Anthropic chief executive Dario Amodei has called for development to slow down, the BBC reported. In September, one Anthropic researcher estimated a greater than 10% chance that AI could "kill all humans" within the next decade, and a former researcher said people working on the technology were "genuinely frightened" about how fast it was advancing, according to the BBC. The company has also said it identified and disrupted attempts to use its models for activity that could support biological weapons development, the outlet reported.
How has the White House responded to those warnings?
President Donald Trump has pushed back on the warnings, saying researchers have been "bringing up things that won't happen" and framing AI development as a race in which "whoever wins AI, wins," the BBC reported. The contrasting positions — a leading AI developer warning of existential risk while courting investors, and a sitting president dismissing those warnings — remain unresolved in the public record.
Why did chip stocks fall the same week?
The BBC reported that shares in AMD, Nvidia and Intel fell sharply on Wednesday amid broader investor concern about AI infrastructure spending. In Asia, SoftBank shares dropped more than 9% on Thursday, while Samsung fell 9.5% and SK Hynix fell 11%, according to the BBC. The declines came in the same week Anthropic and rival OpenAI released revenue data that the industry uses as a gauge of AI's growth and its ability to finance costly data-center buildouts — a tension explored more broadly in an Economist podcast examining AI's expanding role in research.
What comes next for Anthropic and OpenAI?
OpenAI chief executive Sam Altman said in September his company would not go public this year while it addresses safety concerns, even as OpenAI eyes a listing that could value it above $1tn, the BBC reported. Anthropic has not set a public listing date. For businesses tracking how AI revenue claims translate into adoption, separate market analysis on AI productivity tools offers additional context on demand trends feeding these valuations.
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Questions
How much revenue did Anthropic report for the third quarter?
Anthropic told investors its revenue reached $16.8bn in the three months ending in September, up 45% and up from $11.6bn the prior quarter, according to the BBC.
Is Anthropic profitable?
The company said it posted a third-quarter profit on an adjusted basis, an accounting method that excludes non-recurring costs, per the BBC's reporting.
What AI safety risks has Anthropic flagged?
An Anthropic researcher estimated a greater than 10% chance AI could cause catastrophic harm within a decade, and the company said it disrupted attempts to misuse its models for bioweapons-related activity, the BBC reported.