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Anthropic Targets $2 Trillion IPO Valuation Amidst Soaring Costs and AI Race
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News18•29-09-2026, 08:30
Anthropic Targets $2 Trillion IPO Valuation Amidst Soaring Costs and AI Race
- •Anthropic aims for a public-market valuation exceeding $2 trillion, betting on AI's transformative impact on the global economy.
- •The company faces a projected $42 billion net loss and plans for $518 billion in cloud, computing, and infrastructure obligations.
- •Anthropic's prospectus envisions AI transforming the global economy more profoundly than industrialization, electricity, and the internet.
- •Despite a 12-fold revenue increase to nearly $4.6 billion in 2025, Anthropic reported an operating loss of over $8 billion.
- •The IPO will test investor appetite for high-growth AI companies amidst significant infrastructure requirements and intense competition from rivals like OpenAI, xAI, Google, and Meta.
Key Questions Answered
Anthropic is targeting a public-market valuation of more than $2 trillion as it pursues an initial public offering, which is more than double its estimated valuation of $965 billion in May.
Anthropic reported a net loss of nearly $42 billion, which included about $34 billion in accounting charges related to convertible financing, alongside an operating loss of over $8 billion and plans to take on $518 billion in cloud, computing, and infrastructure obligations.
Anthropic's revenue increased 12-fold in 2025 to nearly $4.6 billion, while the company spent $7.33 billion on computing and infrastructure during the same period.
