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AI

Anthropic Told Investors Quarterly Revenue Hit $16.8 Billion, Reuters and the FT Report. The Dollar Gain Was Smaller Than the Quarter Before.

Anthropic told prospective investors on Wednesday 14 October that third-quarter revenue was $16.8 billion, up 45 per cent from the second quarter, and that it was profitable on an adjusted basis, according to Reuters and the Financial Times. The company has not published the figures, and Reuters says its stock-market debut is likely to come after the 3 November midterm elections.

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IPO

Oura's Listing Raises $532 Million for the Company. It Keeps About $6 Million.

Oura's amended S-1, filed with the SEC on 21 September, offers 50 million shares at $40 to $44. Only 13.5 million of them come from the company. Of the roughly $532.6 million the company nets at the midpoint, $526.4 million is earmarked for tax withholding on employee stock. Forerunner Ventures is selling its entire 28.7 million-share position and will own nothing on day one.