Artificial intelligence company Anthropic is preparing for an initial public offering, according to a draft prospectus cited by ChainCatcher. The filing shows that revenue for the first half of 2026 rose to $16.3 billion from $1.1 billion a year earlier. Net loss widened sharply to $80.7 billion from $13.0 billion over the same period.
A large share of that loss, $72.0 billion, came from accounting remeasurement tied to convertible notes and similar financing instruments. As Anthropic’s valuation increased, the conversion features became more valuable, lifting the fair value of related financing liabilities and forcing the company to recognize a loss on its income statement. The filing said this was not an equivalent cash outflow for the period, though future conversion could dilute existing shareholders.
The draft prospectus also showed full-year net loss last year at $42.0 billion, with about $34.0 billion stemming from similar accounting adjustments. In the first half, spending on computing capacity and infrastructure reached nearly $9.0 billion, up from $2.3 billion a year earlier. Anthropic also disclosed more than $60.0 billion in future cloud service and chip-related contracts, with some commitments described as irrevocable. Including agreements still under negotiation, the potential total could reach $75.0 billion.
Anthropic is moving toward an initial public offering, according to a draft prospectus cited by ChainCatcher.
The filing shows the artificial intelligence company generated $16.3 billion in revenue in the first half of 2026, up from $1.1 billion in the same period last year. Net loss widened to $80.7 billion from $13.0 billion.
Of that total, $72.0 billion came from accounting remeasurement related to convertible notes and other financing instruments. As Anthropic’s valuation rose, the conversion rights became more valuable. That increased the fair value of related financing liabilities, which had to be recorded as a loss on the income statement. The filing said the charge did not represent an equivalent cash outflow in the current period, though future conversion could dilute existing shareholders.
For the full previous year, Anthropic posted a net loss of $42.0 billion, with about $34.0 billion tied to similar accounting adjustments.
The draft prospectus also showed that spending on computing capacity and infrastructure reached nearly $9.0 billion in the first half, compared with $2.3 billion a year earlier.
Anthropic listed more than $60.0 billion in future cloud service and chip-related contracts, with some commitments marked as irrevocable. If agreements still under negotiation are included, the potential total could rise to $75.0 billion.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
