Anthropic says revenue surged 1,100% ahead of IPO

Anthropic, one of the world’s leading artificial intelligence companies, on Monday reported a more than 1,100 percent surge in quarterly revenue and nearly $900 billion in spending commitments as it counts down to its Wall Street listing later this month.

The San Francisco-based company was founded in 2021 by former OpenAI researchers led by chief executive Dario Amodei and his sister Daniela, now its president, with AI safety as its focus.