Anthropic, the company behind the Claude family of artificial intelligence models, generated revenue of $16.3 billion in the first half of 2026, compared with $1.1 billion a year earlier. The company is preparing for a potential initial public offering at a valuation that could reach $2 trillion, while some investors are discussing a figure closer to $1.5 trillion. Anthropic nevertheless reported a net loss of $80.7 billion, driven largely by $72 billion in accounting charges and nearly $9 billion in computing costs. The official filing for the initial public offering, the valuation range and the role of the U.S. Securities and Exchange Commission will help determine its timing and pricing.
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