Anthropic filing shows compute costs rising to 58% of revenue

Anthropic's updated S-1 shows quarterly revenue of $17B through Sept. 30, up from $11.5B, while operating losses grew. Compute costs rose to 58% of revenue from 48%, with $10B spent in the quarter, including $5B under pricier short-term commitments; revenue per compute dollar fell from about 2x to 1.72x.

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