The A.I. Daily
Anthropic Q3 revenue not a sign of AI slowdown, Wedbush says
Wedbush argues Anthropic's reported $1.68B Q3 revenue, while disappointing to some, still grew 45% sequentially and does not signal slowing AI demand, as GPU rental prices keep rising. Anthropic, led by Dario Amodei, is preparing for a November IPO and investors expect $110B annualized revenue by year-end.