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Anthropic swings back to operating loss as $895 billion compute bill looms over IPO

Anthropic’s revenue jumped 47% to $17 billion (€15.1bn) last quarter, but the developer of the Claude AI models slipped back into an operating loss and revealed close to $900 billion (€804bn) in commitments, mostly for computing, numbers investors will weigh ahead of its Nasdaq listing.

Anthropic, the US firm responsible for the Claude AI models, reported a $567 million (€506mn) operating loss for the third quarter, down from a profit of $974 million (€870mn) in the previous quarter. The company disclosed a staggering $895.4 billion (€800bn) worth of computing purchase and lease commitments, a major factor in its loss. This commitment, mostly for computing, has raised concerns over its upcoming IPO, with analysts predicting a price range of up to $1.5 trillion (€1.33tn).

Written by urgent.news from Euronews Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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