Anthropic to disclose new revenue numbers as AI lab financials become central to tech trade

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Anthropic plans to disclose its third-quarter financials for the first time at a meeting with potential investors on Wednesday as the artificial intelligence giant prepares for what could be the largest initial public offering in history.

San Francisco-based Anthropic will release the numbers to a group of institutional investors, according to two people familiar with the matter, who asked not to be named because the details were confidential.

Bloomberg first reported that the meeting was happening. Anthropic declined to comment.

The meeting comes as revenue numbers from the private AI giants have proven to have an outsized impact on broader markets.

Last week, confusion around a report detailing OpenAI's revenue and updated accounting dragged down major semiconductor stocks and the broader Nasdaq.

OpenAI shared an updated revenue number of $50 billion with current investors as part of an ongoing fundraise, which was lower than the $70 billion that had been widely reported. The updated number stripped out revenue from cloud partners, and wasn't an indication of changing demand, according to a person familiar with the matter who asked not to be named in order to discuss internal information.

It's unclear if Anthropic will account for sales in the same manner and include partner revenue, but the numbers this week will give investors a more accurate snapshot of Anthropic's growth and profitability as they look to value the company ahead of an IPO. It will also help Anthropic senior executives and bankers gauge investor interest and weigh the reaction to these updated financials.

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That valuation would put it ahead of SpaceX's historic debut.

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