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Finance

Anthropic files for Nasdaq IPO: $16.3bn revenue, $80.7bn loss

The filing

Anthropic files for IPO

Anthropic filed IPO papers on October 26, 2026.

Where it lists

Nasdaq listing planned

It plans to list Class A shares on Nasdaq under the ticker ANT.

The growth

Revenue hit $16.3 billion

First-half 2026 revenue hit $16.3 billion, up from about $1.2 billion.

The loss

Loss hit $80.7 billion

Most of the loss was a $72.4 billion paper charge, not cash spent.

The balance sheet

Cash pile stays huge

Anthropic held $112.4 billion in cash on June 30.

The price tag

Valuation guess falls

Some investors now value it near $1.5 trillion, down from $2 trillion.

The demand

Real customers behind it

Over half of Fortune 500 firms are customers spending $100,000 or more.

The warnings

Risks spelled out

The filing warns models could show self-preserving behaviors.

The control

Founders keep control

The seven co-founders hold 50.1% of voting power.

The banks

Banks lead the deal

Goldman Sachs and Morgan Stanley lead the underwriters.

What next

Roadshow next

A roadshow is reported for the week of November 9.

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