On October 15, investors and analysts noted that Anthropic's third-quarter performance could enhance the feasibility of its IPO, but would likely do little to alleviate global concerns over artificial intelligence trade. According to sources familiar with the matter, the company reported $16.8 billion in revenue for the quarter, with positive free cash flow and an adjusted gross margin of 85%, indicating initial returns on its AI investments. The company expects to go public by the end of this year at the latest. Although global AI stocks are under pressure due to rising bond yields, oil-driven inflation, and funding issues at companies like CoreWeave, market participants believe that while Anthropic's revenue highlights potential demand in the AI sector, it may not be sufficient to reignite investor enthusiasm across the industry, as chipmakers and infrastructure suppliers are facing slowing profit growth.