WASHINGTON, Nov 3 — Anthropic, one of the world’s leading artificial intelligence companies, on Monday reported a more than 1,100 per cent surge in quarterly revenue and nearly US$900 billion (RM3.67 trillion) in spending commitments as it counts down to its Wall Street listing later this month.

The San Francisco-based company was founded in 2021 by former OpenAI researchers led by chief executive Dario Amodei and his sister Daniela, now its president, with AI safety as its focus.

The listing comes amid growing nervousness among investors about the huge sums being poured into AI.

Revenue reached US$17 billion in the third quarter, up from US$1.4 billion a year earlier, though sales growth slowed from previous quarters amid fierce competition from ChatGPT-maker OpenAI and cheaper models, many of them from China.