Anthropic’s Confidential Filing Reveals Customer Concentration

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A confidential IPO prospectus reportedly shows that nearly one-quarter of Anthropic’s $4.6 billion in revenue last year came from just two customers. The concentration may concern investors as the AI company prepares for an expected IPO later this year.

Anthropic said nearly a quarter of its $4.6 billion in revenue last year came from just two customers, according to a confidentially filed IPO prospectus reported by Reuters on Monday. That’s one metric that could give investors pause ahead of its IPO, expected later this year. The report didn’t ...

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