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Anthropic revenue up 45 percent in three months, showing profitable growth amid AI race

Anthropic posted third-quarter revenue of $16.8 billion, up 45 percent from the previous quarter, and achieved an adjusted profit for a second straight quarter. The company disclosed the results in private meetings with investors ahead of a possible initial public offering, which the market expects in November. Details such as whether the figure is gross or net revenue were not confirmed. Investors are also focused on costs, AI safety concerns and intensifying price competition.