Anthropic Swings to Q3 Operating Loss as Compute Costs Surge Ahead of IPO
Key Highlights: Anthropic posted a $567 million operating loss and a $23.3 billion net loss in the third quarter, reversing a $974 million operating profit from Q2. Revenue reached $17 billion, though year-over-year expansion decelerated to 47% compared to 144% in the previous quarter. Surging expenses stemmed largely from $5 billion spent on short-term computing ...