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<p>🚨JUST OUT: Anthropic’s Q3 revenue surges 1,127% YoY to nearly $17 BILLION from $1.4B a year earlier.

Revenue for the first nine months reaches $33.2B, up from $2.5B a year ago, up about 13 times.

- Operating costs: $17.5B, including $9.86B for computing and infrastructure
- Net loss: $23.3B ($21.9B non-cash charge)
- Future spending: $895.4B

Anthropic also raised its Google Cloud spending commitment to $121.3B and gave $GOOGL an option to buy up to $10B in non-voting shares.

AI demand is booming, but computing costs are putting pressure on profits.</p>

🚨JUST OUT: Anthropic’s Q3 revenue surges 1,127% YoY to nearly $17 BILLION from $1.4B a year earlier.
Revenue for the first nine months reaches $33.2B, up from $2.5B a year ago, up about 13 times.
- Operating costs: $17.5B, including $9.86B for computing and infrastructure
- Net loss: $23.3B ($21.9B non-cash charge)
- Future spending: $895.4B
Anthropic also raised its Google Cloud spending commitment to $121.3B and gave $GOOGL an option to buy up to $10B in non-voting shares.
AI demand is boomin

🚨JUST OUT: Anthropic’s Q3 revenue surges 1,127% YoY to nearly $17 BILLION from $1.4B a year earlier. Revenue for the first nine months reaches $33.2B, up from $2.5B a year ago, up about 13 times. - Operating costs: $17.5B, including $9.86B for computing and infrastructure - Net loss: $23.3B ($21.9B non-cash charge) - Future spending: $895.4B Anthropic also raised its Google Cloud spending commitment to $121.3B and gave $GOOGL an option to buy up to $10B in non-voting shares. AI demand is booming, but computing costs are putting pressure on profits.

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