UPDATE 1 — Anthropic's Q3 revenue surges 45% to nearly $17 billion
(Adds financial and company details, paragraphs 2-3 and 7-8) Third-quarter revenue reaches $16.8 billion after $11.6 billion in second quarter, prospective investor says Anthropic tells prospective investors it is profitable on an adjusted third-quarter basis, source says Company targets valuation of more than $2 trillion for anticipated IPO By Milana Vinn NEW YORK, Oct 14 (Reuters) — Anthropic's third-quarter revenue rose 45% to $16.8 billion from the previous quarter, according to an investor who attended a pre-IPO meeting with Anthropic leadership in San Francisco on Wednesday. Revenue in the first quarter was $4.7 billion, and $11.6 billion in the second quarter, according to the person who attended the investor day meant to familiarize prospective Anthropic investors before its highly anticipated IPO. The company was profitable on an adjusted basis in the third quarter, Anthropic told the group, the source said. Anthropic did not immediately respond to an email seeking comment. The IPO is expected to precede a public listing by rival OpenAI, making Anthropic an early test of investor appetite for heavily unprofitable AI developers pursuing massive scale. Its public-market debu