On October 26, Anthropic publicly submitted its IPO application to Nasdaq under the ticker 'ANT'. According to the prospectus, for the six months ending June 30, 2026, the company reported revenue of $16.3 billion, up from $1.2 billion in the same period last year; however, it also reported a net loss of $80.7 billion and cautioned that it may not achieve or maintain profitability in the future. As of June 30, the company had raised $141.1 billion in capital; the number of customers paying over $100,000 annually increased from 950 to over 11,900, with a net revenue retention rate of approximately 900% as of September 30. In terms of computing investments, the company plans to spend up to approximately $114.5 billion on Google by 2033, with total expenditures related to SpaceXAI arrangements potentially reaching $120.5 billion by 2029, and a total rent of approximately $161.2 billion (excluding interest) under Broadcom leasing arrangements during the lease term. The company expects that computing and infrastructure costs will continue to increase in absolute terms and will remain its largest operating expense for the foreseeable future.
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