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Anthropic posts profits, plans IPO

Anthropic posts profits, plans IPO

Anthropic, the developer of the AI model "Claude," expects to achieve operational profit in the current quarter, marking the second consecutive profitable quarter with gross profit margins exceeding 80% before revenue sharing distributions with partners like Amazon. The company plans to list its shares on the Nasdaq as part of an initial public offering aimed at raising an amount equal to or exceeding $86.3 billion, capitalizing on the increasing demand for computing capabilities. Additionally, it is preparing for a $15 billion credit facility. This move comes within the framework of strategies to strengthen its financial position and address the high capital expenditure commitments in the AI market.

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