Anthropic has filed for an initial public offering and plans to list on Nasdaq under the ANT ticker as early as mid-November, with Goldman Sachs and Morgan Stanley serving as lead banks. The company, which develops Claude, has not yet disclosed the expected share price, offering size or valuation, which could exceed $2 trillion. Anthropic plans to spend at least $110 billion with Amazon, $120 billion with SpaceX, $115 billion with Google and $45 billion with Microsoft, for total commitments of $390 billion. Revenue rose 1,368% year over year in the second quarter of 2026, but cloud service costs increased 300% and the net loss reached $80.7 billion in the first half. The company says it held $112.4 billion in cash and expects current cash and sales to cover its needs for the coming year, while warning that it could seek financing earlier than planned.
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