Anthropic has filed for an initial public offering on the Nasdaq, where it plans to trade under the ticker symbol ANT. The company has selected Goldman Sachs and Morgan Stanley as lead underwriters for the listing, which is tentatively scheduled for mid-November. While the final valuation and share price remain undisclosed, reports suggest the company could be valued at over $2 trillion.
The company's financial disclosures highlight significant infrastructure commitments. Anthropic plans to spend at least $110 billion with Amazon by April 2036, $120 billion with SpaceX by 2029, $115 billion with Google by 2033, and $45 billion with Microsoft by 2033. These investments are aimed at supporting its AI development and cloud computing needs.
Financial performance data shows a revenue increase of 1,368% year-over-year in the second quarter of 2026, alongside a 300% rise in cloud service costs. Despite this growth, the company reported a net loss of $80.7 billion for the first half of 2026, following a $42 billion loss in 2025. Anthropic had raised $141 billion through June and held $112.4 billion in cash.
Management expects current cash reserves and revenue to sustain operations for the next year. However, the company cautioned that increasing infrastructure expenses could necessitate additional financing sooner than anticipated. The IPO process continues as investors evaluate the long-term financial viability of large-scale artificial intelligence infrastructure spending.
