Anthropic will disclose its third-quarter revenue today, advancing towards an approximately $2 trillion IPO

According to Beating AI news, Anthropic will disclose its third-quarter revenue data to potential institutional investors today at its headquarters in San Francisco, to assess investor reactions to its financial performance and IPO plans. The company is reportedly advancing towards an IPO with a valuation of about $2 trillion, planned for November, having previously submitted a confidential listing application to the U.S. Securities and Exchange Commission, but the specific listing date has not yet been determined.

This disclosure comes at a time when the AI sector is under pressure. Last week, OpenAI updated existing investors with an annualized revenue of $50 billion, lower than the previously circulated $70 billion, sparking controversy over revenue accounting standards and dragging down semiconductor stocks and the Nasdaq index. Broadcom CEO Hock Tan warned that rising interest rates could make capital acquisition a major constraint on the development of AI companies. The market will be watching whether Anthropic clarifies its revenue recognition standards, especially regarding whether it includes revenue from cloud partners.