Anthropic's IPO filing reveals $1.7 billion quarterly personnel bill, averaging $107,000 per employee monthly
Serving tech enthusiasts for over 25 years.
TechSpot means tech analysis and advice you can trust.
Winners & losers: It's no secret that if you want some of the most lucrative compensation packages in tech, AI is the industry to be in. That's been perfectly illustrated by Anthropic's amended S-1 filing, which reveals its personnel costs recently averaged over $100,000 per employee per month.
The filing, spotted by Business Insider, shows that Anthropic recorded more than $1.7 billion in personnel expenses from July through to September. With 5,300 people working at the company, that works out at over $322,000 per person over the three-month span, or about $107,300 per employee per month.
Those costs include standard cash salaries along with bonuses, benefits, and employer payroll taxes. The largest share, $1.1 billion, came from Anthropic's stock-based compensation expenses, which reflect the value of company shares employees earn as part...
Copyright of this story solely belongs to www.techspot.com. To see the full text click HERE