Anthropic's narrower sequential Q3 loss lifts tech backers and chips
AMZN•Anthropic's net loss narrowed to $23.29 billion in Q3 from $66.3 billion in Q2, while revenue rose to $16.96 billion from $11.56 billion. The company reported $895.4 billion in computing spending commitments with partners including Amazon and Google.
1. Q3 results and market moves
Anthropic disclosed the figures in an amended IPO prospectus filed with the SEC. Amazon gained 5.28%, Alphabet rose 1.44%, Broadcom added 1.65% and Nvidia gained 1.29%; Microsoft, also an Anthropic investor, rose 0.5%. The listing plans test investor appetite for AI amid a sluggish IPO market.
