Anthropic files for record-breaking stock market debut
Tuesday 27 October 2026 · 4 outlets · 5 reports · updated In this story SpaceX
The San Francisco-based AI company has filed for an initial public offering that could potentially raise up to US$100 billion. While the filing shows significant sales growth, the company's CEO has warned that advanced artificial intelligence poses an existential risk to humanity.
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Anthropic has filed for an initial public offering that could become one of the largest in history. The company intends to list on the Nasdaq exchange under the ticker symbol ANT. The debut is expected as early as the week of 16 November, though the exact timing remains unconfirmed.
The filing reveals that Anthropic's revenue grew 1300 per cent year-on-year to US$16.3 billion in the first half of 2026. Despite this growth, the company reported an overall net loss of over US$80 billion due to the high costs of computing infrastructure. One report notes an operating profit of nearly US$1 billion in the April-June quarter, while another states the company has yet to turn a profit.
Compiled from reports by RNZ, NZ Herald and Stuff.