Anthropic's Growth Is Slowing
Show notes
Anthropic told investors Q3 revenue hit $16.8 billion, with adjusted profitability, but growth slowed ahead of the IPO. An arrested OpenAI engineer had booked one-way tickets to Saudi Arabia. Amazon launched two Bee wearables, and Nvidia’s RTX Spark impressed.
- Sources: Anthropic told investors that its Q3 revenue hit $16.8B, up from $11.5B in Q2, and that it was profitable on an adjusted basis in Q3, ahead of its IPO (Financial Times)
- Sources: Anthropic told investors that 5% to 7% of its revenue comes from distillation, and that distillation revenue will decline and keep weighing on its numbers this period (The Information)
- Filing: Abdulrahman Alfozan, his wife, and a family member booked one-way tickets from the US to Saudi Arabia for October 12; the FBI arrested him on October 9 (Bloomberg)
- OpenAI has trained employees to resist spies, including a stranger at a San Francisco playground who quizzed an employee about their work, before federal authorities arrested an employee for planting a listening device (WSJ)
- Amazon launches two AI wearables, the $75 Bee Frontier wristband and $100 Bee Eclipse magnetic phone-attachment recorder, with a $12/month Bee Pro subscription (Bloomberg)
- Amazon’s Bee debuts its first new devices since the acquisition, the $74.99 Frontier and $99.99 Eclipse, undercutting the $159 Plaud Note and $129 Pocket, with $11.99/month Bee Pro adding Amazon.com and Alexa+ integrations (TechCrunch)
- Nvidia’s RTX Spark Superchip in the Surface Laptop Ultra outperforms Apple’s M5 Max MacBook Pro by ~25% in agentic AI completion benchmarks using Qwen models (Tom’s Hardware)
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