Crash of Chinese AI stocks unsettles investors ahead of Anthropic IPO
Anthropic's rising revenues are largely offset by the high costs of data centers. The already postponed IPO is therefore surrounded by uncertain prospects.
Anthropic has released its 335-page IPO prospectus, marking the first time a large AI startup has sought to go public. According to Handelsblatt, the company's revenue grew to $16.3 billion in the first half of the year, compared to $1.2 billion in the same period last year. While the company reported a net loss of $80.75 billion, Handelsblatt notes this includes a special effect; adjusted figures show an operating profit of $1.6 billion with a ten percent margin for the first half.
The company's growth is driven by large corporate clients. As of September 30, Anthropic had more than 11,900 customers generating at least $100,000 in revenue within twelve months. This includes over 1,900 customers with revenues exceeding $1 million and approximately 250 customers with revenues over $10 million.
Despite these results, the upcoming IPO faces uncertainty. Der Standard Wirtschaft reports that rising revenues are largely offset by high costs for data centers. The IPO, which has already been postponed once, remains under uncertain conditions.
Brief written by urgent.news from Der Standard Wirtschaft, Handelsblatt — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.
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- Morning Briefing: These are the key figures for the Anthropic IPO handelsblatt.com
