Business · 57 minutes ago

Anthropic's quarterly revenue reached $16.8bn, rising 45% from $11.6bn

Cabinet Secretariat via Wikimedia Commons (CC-BY-4.0)

The AI firm told investors in San Francisco on Wednesday that revenue was $16.8bn last quarter, up 45% on the $11.6bn before, according to the Financial Times. Documents filed last month show it lost $42bn last year, and it's understood to be aiming for a valuation of around $2tn. It's expected to list after next month's US midterms, ahead of rival OpenAI.

By BriefTea Editorial · 15 October 2026 at 15:37

Reported by The Telegraph · How we write briefs