ANTHROPIC reported Q3 revenue (ended Sept. 30) near $17.0 bln, up 12x YoY. In an
SEC filing on Monday the Claude developer disclosed a Q3 net loss of $23.3 bln
versus $12.1 bln a year earlier. Quarterly operating expenses rose to $17.5 bln,
up 292% YoY. Total contractual and other commitments stood at $895 bln, largely
for compute and infrastructure; about $448 bln is expected to fall due by
end‑2030 and roughly $70 bln within the 12 months to Sept. 2027. ANTHROPIC filed
for an IPO on Oct. 26 and is targeting a U.S. listing before Thanksgiving;
people familiar with the matter have said the company hopes to raise proceeds at
or above SpaceX’s $86.2 bln take.
