Anthropic Files for IPO, Prospectus Discloses 11 Details

Anthropic has publicly filed for an IPO, planning to list on Nasdaq under the ticker ANT, aiming to raise approximately $100 billion, with a valuation range of $1.5 trillion to $2 trillion. The prospectus shows that its revenue in the second quarter of this year was $11.555 billion, with operating profit turning positive for the first time at $974 million, while its net loss for the first half of the year was $80.7 billion, mainly from fair value changes in convertible notes and other items. The author also outlines the take-or-pay compute contracts signed with Google, Amazon, Microsoft, SpaceX, and others, as well as the Class F share arrangement under which 7 co-founders hold 50.1% of voting rights for $7.