Anthropic’s IPO filing shows explosive growth, risks and staggering costs

Anthropic has filed IPO papers for a Nasdaq listing under the ticker "ANT", expected before Thanksgiving, which could be among the largest IPOs on record. The prospectus reports a first-half 2026 net loss of $80.7 billion, largely from a rise in the fair value of convertible bonds, and revenue of about $16.3 billion. Revenue grew 1,368 percent in the three months ended June 30 from a year earlier, though the company warned growth could decline. The filing details risks including misuse, security threats and AI behaviours such as "resembling blackmail". Anthropic said more than half of Fortune 500 companies are customers. Some investors value the company at about $1.5 trillion, down from roughly $2 trillion a week earlier, Reuters reported. CEO Dario Amodei has called for slowing advanced AI development. Goldman Sachs and Morgan Stanley are lead underwriters; both declined to comment.

Where accounts differ. Al Jazeera, Channel NewsAsia and The Indian Express report the $80.7 billion loss figure, while bdnews24 and South China Morning Post give no loss or revenue figures, and only Channel NewsAsia and The Indian Express name the underwriters.

The Indian ExpressSouth China Morning PostChannel NewsAsia (CNA)bdnews24.comAl Jazeera English

Written by AI from these outlets' articles: facts they report, claims attributed, numbers checked against the sources. It may still contain errors; read the originals.