Anthropic officially files for its public debut

Anthropic filed for an initial public offering on Monday, planning to list under the ticker "ANT" and setting the stage for one of the most closely watched public debuts in modern U.S. history. The company recorded $16.3 billion in revenue for the first half of 2026, up from $1.2 billion a year earlier, according to its SEC filing. That revenue came despite an operating loss of $693 million, an improvement from $2.1 billion in operating losses in the first half of 2025, while its net loss reached $80.7 billion, driven largely by noncash accounting adjustments tied to convertible debt. Anthropic warned it "may not achieve or sustain profitability in the future."

The filing also detailed the scale of Anthropic's enterprise business: as of the end of September, it had more than 11,900 customers spending $100,000 or more annually, 1,900 spending $1 million or more, and about 250 spending $10 million or more. Anthropic's governance structure will let its seven co-founders—Dario Amodei, Daniela Amodei, Tom Brown, Jack Clark, Jared Kaplan, Sam McCandlish, and Christopher Olah—form a "Founder LLC" controlling 50.1% of shareholder voting power, a move the company says is designed to preserve its AI safety mission. Its Long-Term Benefit Trust will have authority to appoint most of the board. The structure is controversial because voting power is not proportional to the founders' economic ownership, leaving public shareholders with little practical control over a company building technology that, by its own admission, poses "catastrophic or existential risks to humanity." Anthropic has not yet disclosed how much it hopes to raise or its proposed share price.

(Source：TechCrunch)