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08 · BUSINESS · TOP 25 · #8 · RANGE #7–17

Anthropic files for IPO, disclosing rapid growth and extensive AI risks

Anthropic filed publicly for an initial public offering with the U.S. Securities and Exchange Commission on Monday, October 26, opening its finances and risk disclosures to scrutiny ahead of a potentially record-setting stock-market debut.

The Claude developer reported $16.3 billion in revenue for the first half of 2026, up from $1.16 billion in the same period a year earlier, according to figures cited by The Indian Express. Anthropic said more than 11,900 customers each generated at least $100,000 in revenue during the 12 months ending in September, while more than 1,900 generated at least $1 million each.

Anthropic recorded a net loss of $80.7 billion, largely due to a $72.4 billion noncash accounting charge tied to financial instruments convertible into shares. Its operating loss narrowed to $693 million from $2.14 billion in the first half of 2025. Computing power remains its largest …

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