AI and machine learning

Anthropic files for a Nasdaq listing and shows an $80.7bn half-year loss

Anthropic filed its S-1 on 26 October to list on the Nasdaq as ANT. Revenue reached $16.3bn in the first half of 2026, against $4.6bn in all of 2025.

Filed under AI industry, Markets

Anthropic has filed a registration statement with the Securities and Exchange Commission for an initial public offering of Class A shares on the Nasdaq Global Select Market under the symbol ANT. Goldman Sachs and Morgan Stanley lead the offering. The number of shares and the price range are not yet set.

The prospectus shows revenue of $16.3bn for the first six months of 2026 and a net loss of $80.7bn, after a $42bn loss in 2025. Second-quarter revenue rose to $11.6bn from $4.7bn in the first quarter, while compute costs rose to $5.6bn from $3.4bn, giving an operating profit of $974m after a $1.7bn operating loss. Anthropic had about 5,300 employees on 30 September.

The filing commits Anthropic to spend up to $120.5bn on GPU capacity from SpaceXAI over terms running into 2029. Among the risk factors, it says the insurance industry as a whole may not be able to cover its liability after a catastrophic AI incident, and that tighter AI regulation could restrict its business.