Anthropic Files for Nasdaq IPO After Reporting $16.3 Billion in Half-Year Revenue

WASHINGTON– Artificial intelligence company Anthropic, the developer of the Claude chatbot, has filed for an initial public offering in the United States, reporting substantial revenue growth alongside mounting losses as it prepares to list its shares on the Nasdaq stock exchange under the ticker symbol “ANT.”

The San Francisco-based company announced Monday that Anthropic, PBC had submitted a registration statement on Form S-1 to the U.S. Securities and Exchange Commission for a proposed public offering of its Class A common stock.

“The number of shares of Class A common stock to be offered and the price range for the proposed offering have not yet been determined,” the company said.

According to the filing, Anthropic’s revenue increased from $41 million in 2023 to $386 million in 2024 before reaching $4.6 billion in 2025.

The company’s growth accelerated significantly during the first half of 2026, with revenue reaching $16.3 billion for the six months ended June 30, representing a 1,300% increase from the corresponding period a year earlier.

Despite the rapid expansion, Anthropic cautioned investors against expecting similar growth rates in the future.

“We do not expect our revenue will continue to grow at comparable rates, and we cannot assure you that it will continue to grow at all,” the company stated in its filing.

The financial disclosures also revealed substantial losses as Anthropic continued investing heavily in artificial intelligence development and infrastructure.

The company reported a net loss of $41.97 billion in 2025, followed by a net loss of $80.75 billion during the first six months of 2026.

Goldman Sachs and Morgan Stanley are leading the underwriting group for the proposed offering, which also includes J.P. Morgan, Citigroup, Barclays and Wells Fargo Securities.

Founded in 2021, Anthropic operates as a public benefit corporation, a corporate structure that incorporates broader public-interest objectives alongside financial considerations.

Its governance framework includes the Long-Term Benefit Trust, described in the filing as “a financially disinterested trust”, which generally holds the authority to elect and remove a majority of the company’s board of directors.

Anthropic Chief Executive Officer Dario Amodei and President Daniela Amodei, along with five other co-founders, will hold a special class of shares known as Class F stock through a founders’ entity.

The company has expanded the availability of its Claude artificial intelligence models across major cloud computing platforms, including Amazon Web Services, Google Cloud and Microsoft Azure.

Anthropic also relies on multiple semiconductor technologies to train its AI models, including Amazon’s Trainium processors, Google’s Tensor Processing Units and chips developed by Nvidia and AMD.

The IPO filing outlines the company’s international operations but does not provide specific information about customers or business activities in India.

Anthropic disclosed that it maintains subsidiaries and operations in “the UK, the EU, Canada, and Asia-Pacific” as well as international offices in Europe and the Asia-Pacific region.

India is mentioned in the filing’s restrictions governing the sale and distribution of shares.

According to the prospectus, the offering document “has not been and will not be reviewed or approved by any regulatory authority in India, including the Securities and Exchange Board of India.”

The filing further states that Anthropic shares will not be offered to the Indian public except through applicable private placement exemptions.

Among the risks identified in the prospectus, Anthropic highlighted potential changes to U.S. immigration policies that could affect its ability to attract and retain highly skilled technology professionals.

The company warned that “changes to immigration policies that restrain the flow of professional and technical talent, including but not limited to U.S. immigration policies, may inhibit our ability to recruit and retain highly qualified employees”.

The disclosure is particularly relevant to the technology industry, which employs significant numbers of Indian engineers and other foreign professionals through the H-1B visa program.

Anthropic also identified “targeted immigration or visa actions affecting our personnel” as a potential risk arising from government policies.

Beyond immigration, the company warned that changes to U.S. export controls on advanced semiconductor technology could affect its global expansion plans.

According to the filing, additional restrictions on advanced chips “could limit where we or our partners are able to build data centers, constrain our international expansion, or increase our costs.”

Anthropic also highlighted geopolitical risks associated with the concentration of advanced semiconductor manufacturing in Taiwan.

The company warned that “geopolitical tensions between Taiwan and China” could threaten the global supply of the sophisticated chips required to develop and operate advanced artificial intelligence systems.

The proposed Nasdaq listing comes as Anthropic continues expanding its artificial intelligence products and cloud partnerships while facing substantial financial, regulatory and geopolitical challenges.

The company has not yet disclosed the expected valuation, number of shares to be sold or timing of the public offering. (Source: IANS)