Anthropic, the artificial intelligence company behind the Claude chatbot, has disclosed key financial details as it prepares for a public share offering that is expected to become the largest initial public offering (IPO) in history.
The firm reported a first‑half loss of $80.7 billion (£60.5 billion) while generating $16.3 billion in revenue.
Details on the number of shares to be offered and the price range remain to be finalized.
Its anticipated public valuation is projected to surpass that of SpaceX, which earlier this year set a record with an initial market value of roughly $1.8 trillion.
The company indicated it will make forward‑looking investments that “may seem irresponsibly large at first glance.”
“In order to fully capture the opportunity in front of us, we need to invest more aggressively than would a business that operates in a more slowly changing technological regime,” the firm said.
“In general, we will aim to be bold but sane, and to win trust with a track record of successful bets.”
The IPO will be listed on the Nasdaq under the ticker symbol ANT, making Anthropic the first pure AI company to go public and establishing a benchmark for the sector.
Technology firms have poured more than $1 trillion into AI‑specific infrastructure—such as data centers and large language models—over the past year alone.
Founded five years ago by CEO Dario Amodei, his sister Daniela Amodei and five other co‑founders, Anthropic announced its intention to go public in June.
Its principal competitor, OpenAI, promptly announced a similar IPO plan, with its listing now anticipated early next year, according to a person familiar with the matter.
In the wake of these announcements, a series of cybersecurity and other technology breaches involving the companies’ autonomous AI agents have come to light.
Current and former employees of both firms have also voiced public concerns, warning that AI development may lack safeguards to protect humanity from potential future harms.
In its filing, Anthropic reiterated prior commitments to develop AI responsibly for public benefit while also cautioning investors about the technology’s potential risks.
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