Business
Anthropic's leaked IPO filing shows $80.7 billion first-half loss and $750 billion cloud-spend plan
October 21, 2026 at 05:57 AM · Updated 3h ago
Coverage
3 reports · 1 in Arabic, 2 in English · over 8 hours
Anthropic's IPO filing, leaked to the Wall Street Journal, reveals an $80.7 billion first-half net loss and plans to spend up to $750 billion on cloud computing.
- The Wall Street Journal reported Anthropic incurred $80.7 billion in net losses in the first half, up from $13 billion a year earlier.
- Anthropic's revenue rose to $16.3 billion in the six months to June 30, from $1.1 billion in the same period last year.
- Anthropic's filing indicates it could spend more than $750 billion on cloud contracts and that it targets a November initial public offering.
- Investors at Anthropic's investor day discussed cutting its valuation to roughly $1.5 trillion from the previously expected $2 trillion, three informed sources said.
- The $80.7 billion loss was driven largely by $72 billion in accounting charges from the changing value of convertible notes, the WSJ reported.