Anthropic reported 17 billion dollars in third-quarter revenue in an amended filing

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Anthropic reported $17 billion in third-quarter revenue and about $895.4 billion in purchase and lease commitments, mostly for computing and infrastructure, in an amended filing ahead of its planned initial public offering. Revenue was up more than 1,100% from $1.4 billion a year earlier, although growth slowed amid competition from OpenAI and cheaper models, many from China, according to AFP. The company reported a $23.3 billion net loss for the July-September quarter, largely due to non-cash accounting charges linked to its rising valuation. It also had a $567 million operating loss as it paid more for short-term computing capacity. The filing said about $70 billion of commitments is due before September 2027; TradingView reported that roughly $448 billion is expected to be incurred before the end of 2030. AFP said the listing is planned for later this month.