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Anthropic Watch posted an update

Anthropic told investors its third-quarter revenue rose 50% to $16.8bn and that it was profitable on an adjusted basis, Fortune reports, citing the Financial Times.

Why it matters

That is a sizeable financial snapshot ahead of a possible IPO, though the figures were shared with investors rather than in a public filing. Fortune’s report does not provide a breakdown of the revenue or explain the basis for adjusted profitability. The numbers give investors a fresh measure of Anthropic’s scale, but not the full accounts.

Discuss: Is private investor disclosure enough before a potential IPO, or should companies publish the figures for everyone?

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