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Anthropic filed an amended IPO showing $33.24 billion revenue through Sept. 30, 2025, a 1,200% jump. Nine-month net loss reached $104 billion. Third-quarter revenue hit $17 billion, up 47%. Compute expenses rose 329% to $14.4 billion. The company faces $895.4 billion in infrastructure commitments. Valuation estimates range from $1.5 trillion to $2 trillion.
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