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Anthropic disclosed to IPO investors third-quarter revenue of $16.8 billion, up 46% quarter-over-quarter, a marked slowdown from the over 100% growth in the first half; SemiAnalysis estimates its annualized revenue at about $74 billion. OpenAI's annualized revenue as of the end of September was close to $50 billion, about $20 billion less than the market expectation of $70 billion, with the gap mainly stemming from differences in revenue recognition methods. After the news was announced, chip stocks such as Nvidia, AMD, and Broadcom fell; on October 14, the A-share STAR 50 Index dropped 3.29%, and the market began to reassess the revenue growth and capital expenditure sustainability of the AI industry chain.
Anthropic disclosed to IPO investors third-quarter revenue of $16.8 billion, up 46% quarter-over-quarter, a marked slowdown from the over 100% growth in the first half; SemiAnalysis estimates its annualized revenue at about $74 billion. OpenAI's annualized revenue as of the end of September was close to $50 billion, about $20 billion less than the market expectation of $70 billion, with the gap mainly stemming from differences in revenue recognition methods. After the news was announced, chip st
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Instinct, an AI personal agent company founded a year ago with 14 employees, has reached a $10 billion valuation. Founder Noah Shinn discussed its product and business model on the podcast "Invest Like The Best." Instinct has no standalone app; users book flights and cancel subscriptions through text messages, phone calls, and emails, and its annualized transaction volume has reached the $1 billion scale, about half of which comes from business travel. It is free for users, and the company charges commissions to merchants that profit from transactions; Noah explicitly rejects the advertising model. About 40% of users link a credit card after roughly three weeks of use, and this group has a retention rate of about 80%.
Instinct, an AI personal agent company founded a year ago with 14 employees, has reached a $10 billion valuation. Founder Noah Shinn discussed its product and business model on the podcast "Invest Like The Best." Instinct has no standalone app; users book flights and cancel subscriptions through text messages, phone calls, and emails, and its annualized transaction volume has reached the $1 billion scale, about half of which comes from business travel. It is free for users, and the company charg
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