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Anthropic reported to institutional investors that third-quarter revenue increased by 45% to $16.8 billion, a figure that follows second-quarter revenue of $11.6 billion and first-quarter revenue of less than $5 billion, according to the Wall Street Journal.
The company is reportedly preparing for an initial public offering with a valuation of roughly $2 trillion and a potential raise of up to $100 billion, with details expected in IPO paperwork over the coming weeks.
stock futures pointed lower on Thursday morning, reflecting a prior session where the S&P 500 and Nasdaq Composite recorded their largest one-day declines since July.
By 02:54 ET, S&P 500 futures had dropped 38 points, or 0.5%, while Nasdaq 100 futures fell 407 points, or 1.4%. The Dow futures contract edged up 27 points, or 0.1%.
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