Anthropic reduces quarterly loss and revenue rises around 47% before IPO

Anthropic reduced its net loss in the third quarter and showed growth in revenue, two numbers that reach the market before a possible IPO. According to InfoMoney, the loss was US$23.29 billion in the period ended September 30. In the previous quarter, the loss had been US$66.3 billion, a drop of around 65% in just one quarter, a calculation made based on reported values.

The data appears in a revised IPO document submitted to the SEC, which the InfoMoney text classifies as the United States CVM. The announcement took place on a Monday, and the IPO request had been submitted the previous week. According to the same report, the offer could be the largest ever recorded.

In revenue, the movement was upward. Still according to InfoMoney, it went from US$11.56 billion in the second quarter to US$16.96 billion in the third, a jump of around 47%, also calculated based on the figures released. The combination of growing revenue with lower losses is the point that most attracts the attention of those who analyze the company as a business, and not just as a technological promise.

What is still unclear is the status of the operation. The text does not inform values, negotiation dates or say that the IPO was completed. A headline on Investing.com describes the operation as a great success, but the portal only published the title, without body text or data, and therefore this statement cannot be confirmed here.

At the center of the discussion is the volume of spending on artificial intelligence infrastructure, a topic that investors are following closely. The question is whether revenue is already starting to match this scale or whether the loss reduction is still partial. The documents cited do not answer this definitively.

What changes for the investor

For those who follow the Nasdaq, the news has two sides. On the one hand, the drop in losses and growth in revenue reinforce the thesis that the AI ​​sector can generate cash, and not just investment. On the other hand, the scale of spending and the possibility of a very large IPO could influence the supply of shares in the sector and weigh on valuations, especially if the market concludes that the account is not yet closed. In the open market, the investor decides the price, who needs to separate revenue growth from expenses that remain high. As the IPO does not appear as completed in the available text, the practical effect depends on information that has not yet been disclosed. This article is not a recommendation to buy or sell, and it is worth monitoring the pricing of the offer and upcoming results before drawing conclusions.

Automatically translated from Portuguese.