Artificial intelligence (AI) giant Anthropic has reported a 45% increase in revenue, reaching $16.8 billion (£12.7 billion) for the three months ending in September. This information was disclosed during a briefing for prospective investors at the company's headquarters in San Francisco on Wednesday, as Anthropic prepares for a highly anticipated stock market listing by the end of the year.
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The surge in revenue comes amid a challenging environment for some tech stocks, particularly those involved in manufacturing chips and hardware for data centers. Concerns have been raised regarding the substantial investments required for AI infrastructure.
