Anthropic launches its Nasdaq IPO and warns: 'Losses will continue'

Anthropic has filed a prospectus for an IPO on Nasdaq under the ticker ANT, led by Goldman Sachs and Morgan Stanley. Revenue in the first half of 2026 surged to $16.3 billion, but the loss stood at $80.7 billion, and the company expects losses to continue due to rising expenses.

Anthropic, the artificial intelligence company behind the Claude model, has published its official prospectus ahead of an IPO on Nasdaq under the ticker ANT, led by Goldman Sachs and Morgan Stanley. Trading is set to begin the week of November 16. According to the prospectus, the company's revenue in the first half of 2026 totaled $16.3 billion, compared to $1.2 billion in the same period last year, but the loss during that period stood at $80.7 billion, and the company expects losses to continue due to rising expenses. Future commitments for cloud and computing services amount to over $600 billion, with the possibility of an additional $150 billion. About 20% of revenue came from just two clients, and the net revenue retention rate stands at 900%. The company faces competition from OpenAI and public criticism over AI safety following incidents of rogue agent breaches.