Compiled from reports by The Boston Globe, The Korea Times, Engadget and TechSpot. See the original articles linked below.
Anthropic, the company behind the Claude chatbot, has submitted its public filing for an initial public offering, according to reports from the Associated Press, Engadget and TechSpot published on 26 and 27 October 2026. The Boston Globe, carrying the Associated Press report, said the company intends to list on Nasdaq under the ticker "ANT" and that a market debut is expected next month.
Size and valuation
The Associated Press, as published by the Boston Globe and The Korea Times, said the sale could raise up to about $100 billion. That would be more than the roughly $86 billion SpaceX raised in its June offering, which the wire service described as the existing record. Engadget reported that the number of shares and the price have not been set, and that the listing could value the company at around $2 trillion. According to the Associated Press, private investors valued Anthropic at $965 billion earlier this year, while reports have suggested a public valuation of $1.5 trillion or $2 trillion. The agency stressed that nothing is final.
Financial results in the filing
TechSpot reported that Anthropic took in $16.3 billion in revenue during the first half of 2026, against $1.2 billion a year before. It said second-quarter revenue of $11.6 billion was 1,368% higher than in the same period of 2025, while spending on computing and infrastructure rose 300%. Engadget gave the same growth figure for the quarter.
The Associated Press said the company reported a net loss of $80.7 billion for the first six months, compared with $13 billion a year earlier, and is not yet profitable. The Boston Globe version of the report attributed $72.4 billion of that loss to a one-time accounting charge. TechSpot similarly described about $72 billion as a paper loss tied to investor notes that convert into shares at the IPO, and put the operating loss at $693 million. Engadget said Anthropic had raised $141.1 billion in total as of 30 June, holding $112.4 billion in cash and equivalents.
TechSpot also reported that more than 11,900 customers pay at least $100,000 a year and that computing commitments exceed $600 billion across several partners, with Google the largest.
Control and the founders
According to the Associated Press, the seven co-founders, among them chief executive Dario Amodei and president Daniela Amodei, would hold 50.1% of shareholder votes through a special class of stock. The agency said an independent Long-Term Benefit Trust is designed to keep public safety ahead of financial interests. TechSpot reported that the co-founders have pledged to give away 80% of their equity, although the filing says the pledges are not legally binding.
Risk disclosures
The Associated Press said the risk section runs close to 100 pages and includes the possibility that the company's models could pose "catastrophic or existential risks to humanity". It listed misuse of AI to make chemical weapons and authoritarian crackdowns among the concerns. Engadget described four categories: misuse, loss of control, authoritarian abuse and economic disruption. TechSpot said the document also discusses "self-preserving" model behaviour and runs to about 94 pages on risks.
The Associated Press noted that Amodei argued in September that the industry should slow development so that safety measures can catch up. Engadget likewise said Amodei has proposed a three-step plan to curb the pace of AI development.
Dispute with the US government
The Associated Press also reported that the Trump administration designated Anthropic a supply chain risk in February, after the company declined to allow unrestricted military use of its technology. Anthropic sued the Pentagon in March. According to the agency, court rulings have gone in different directions and both sides are appealing.
Sources
- Anthropic files for potentially the biggest IPO ever even as CEO warns of risk to humanity from AI (The Boston Globe, 2026-10-26)
- Anthropic files for potentially biggest IPO ever despite CEO's AI risk warning (The Korea Times, 2026-10-27)
- Anthropic files to go public (Engadget, 2026-10-26)
- Anthropic files to go public, and it could be the biggest IPO ever (TechSpot, 2026-10-26)
This article was compiled with AI assistance from the reports listed above and reviewed by GMA before publishing.