Artificial intelligence firm Anthropic has reported a significant surge in quarterly revenue, reaching over 11.5 billion dollars. This 1,360 percent year-on-year increase, revealed in investor documents, comes as the company prepares for a confidential initial public offering. Following a similar filing by rival OpenAI, Anthropic’s performance and long-term revenue projections are being closely monitored by investors as the global IPO market sees a revival driven by generative AI.