{"id":656553,"date":"2026-10-16T12:58:16","date_gmt":"2026-10-16T12:58:16","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/656553\/"},"modified":"2026-10-16T12:58:16","modified_gmt":"2026-10-16T12:58:16","slug":"anthropics-quarterly-revenue-surges-45-to-nearly-17bn-the-irish-times","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/656553\/","title":{"rendered":"Anthropic\u2019s quarterly revenue surges 45% to nearly $17bn \u2013 The Irish Times"},"content":{"rendered":"<p class=\"c-paragraph paywall \"><a href=\"https:\/\/www.irishtimes.com\/tags\/anthropic\/\" target=\"_blank\" rel=\"noreferrer nofollow noopener\" title=\"https:\/\/www.irishtimes.com\/tags\/anthropic\/\">Anthropic\u2019s<\/a> third-quarter revenue rose 45 per cent to $16.8 \u200cbillion (\u20ac15 billion) from the previous quarter, according to an investor who attended a meeting with the <a href=\"https:\/\/www.irishtimes.com\/tags\/artificial-intelligence\/\" target=\"_blank\" rel=\"noreferrer nofollow noopener\" title=\"https:\/\/www.irishtimes.com\/tags\/artificial-intelligence\/\">AI<\/a> company\u2019s leadership \u200cin San Francisco on Wednesday.<\/p>\n<p class=\"c-paragraph paywall \">Revenue in the first quarter was $4.7 billion, and $11.6 billion in the second quarter, \u200baccording to the person who attended the investor day meant to familiarise prospective Anthropic investors before its highly anticipated initial public offering (IPO).<\/p>\n<p class=\"c-paragraph paywall \">The IPO is expected to precede a public listing by rival <a href=\"https:\/\/www.irishtimes.com\/tags\/openai\/\" target=\"_blank\" rel=\"noreferrer nofollow noopener\" title=\"https:\/\/www.irishtimes.com\/tags\/openai\/\">OpenAI<\/a>, making Anthropic \u200ban early test of investor appetite for heavily unprofitable AI developers pursuing massive scale. Its public-market debut is \u2060likely to be pushed until after the November US midterm elections.<\/p>\n<p class=\"c-paragraph paywall \">Scrutiny \u200bof AI companies\u2019 finances has intensified as they pour money into chips, data centres and computing power needed to develop and \u2060operate increasingly powerful models.<\/p>\n<p class=\"c-paragraph paywall \">Targeting a \u200bvaluation of more than $2 trillion, Anthropic is seeking \u200bto convince investors that its breakneck revenue growth can eventually outrun the enormous costs \u200cof building and running AI systems.<\/p>\n<p class=\"c-paragraph paywall \">The company \u200bhas committed hundreds of billions of dollars in future spending under long-term agreements \u2060for cloud services, computing and infrastructure, Reuters \u2060reported last month.<\/p>\n<p class=\"c-paragraph paywall \">Founded \u200bby former OpenAI executives, Anthropic has emerged as one of the leading generative AI developers with its Claude family of models. Its expansion has been underpinned by Amazon and Alphabet\u2019s Google, which are simultaneously investors, suppliers of computing power and important distribution partners, as well as AI competitors.<\/p>\n<p class=\"c-paragraph b-it-article-body__interstitial-link\">[\u00a0<a aria-label=\"Open related story\" class=\"c-link\" href=\"https:\/\/www.irishtimes.com\/your-money\/2026\/10\/10\/never-mind-the-risk-to-humanity-anthropics-ipo-raises-more-prosaic-concerns\/\" rel=\"noreferrer nofollow noopener\" target=\"_blank\">Never mind the \u2018risk to humanity\u2019, Anthropic\u2019s IPO raises more prosaic concernsOpens in new window<\/a>\u00a0]<\/p>\n<p class=\"c-paragraph paywall \">Anthropic has also sought to distinguish itself through its focus on AI safety, warning of \u200cthe dangers posed by \u2060increasingly capable systems even as it competes in the race to develop and commercialise more powerful models.<\/p>\n<p class=\"c-paragraph paywall \">Its research has found that its own \u200cAI agents have engaged in troubling behaviour in test environments, including leaking sensitive information and sabotaging code, \u200bthough the company has said it has not seen evidence \u200bof such misalignment in real-world deployments. \u2013 Reuters<\/p>\n","protected":false},"excerpt":{"rendered":"Anthropic\u2019s third-quarter revenue rose 45 per cent to $16.8 \u200cbillion (\u20ac15 billion) from the previous quarter, according to&hellip;\n","protected":false},"author":2,"featured_media":656554,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[220,3673,218,219,61,60,1682,80],"class_list":["post-656553","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-anthropic","tag-artificial-intelligence","tag-artificialintelligence","tag-ie","tag-ireland","tag-openai","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/656553","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=656553"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/656553\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/656554"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=656553"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=656553"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=656553"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}