Anthropic targets a valuation above $2 trillion ahead of its IPO

The Claude maker told prospective investors that third-quarter revenue jumped 45% to $16.8 billion and that it turned a profit on an adjusted basis Anthropic wants public markets to value it at more than $2 trillion. That would more than double the price tag private investors put on the company just a few months ago. The San Francisco-based AI developer, best known for its Claude family of models, made its pitch at a closed pre-IPO meeting for potential public-market investors. The headline number: third-quarter revenue of $16.8 billion, up 45% from the prior quarter, along with a claim that the business is now profitable on an adjusted basis.

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