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Anthropic faces investor warnings over future revenue growth ahead of stock market debut

Reported by Ishita Mukherjee (Staff Writer) · Google News - USA Business ·

✓ — also reported by Google News - UK Business

Anthropic faces investor warnings over future revenue growth ahead of stock market debutRepresentative image · Pexels

Financial backers are expressing concerns that artificial intelligence startup Anthropic might find it hard to keep up its money-making momentum after it lists its shares on the stock market. At the same time, the company is moving forward with plans for its initial public offering even though it has raised safety warnings about its own artificial intelligence technology. Recent reports indicate that the firm is on track to bring in more than 100 billion dollars in annualized revenue by the year 2026. However, market watchers point out that the upcoming stock market launch has faced a slight delay, and will now take place one month later than originally planned.

Read more at Google News - USA Business