Anthropic releases 335-page public prospectus: sprinting toward the largest IPO in history, net loss of $80.7 billion in the first half of this year

Anthropic officially publicly filed its Nasdaq IPO application under the ticker symbol ANT, and the 335-page prospectus has been made public on the SEC website; according to Bloomberg, which previously cited people familiar with the matter, the company plans to complete the listing in mid-November. The prospectus shows revenue of $16.286 billion in the first half of 2026 and a net loss of $80.748 billion, of which about $72.4 billion came from fair value changes in financing instruments such as convertible notes, which usually do not represent cash spending of the same magnitude. The public version also updated compute procurement arrangements, with the main contract amounts roughly totaling more than $650 billion, about 80% of which are irrevocable take-or-pay clauses, with suppliers including Broadcom, Google, Amazon, SpacexAI and others. The prospectus lists risk factors across 94 pages, warning that advanced AI may evolve behaviors such as resisting shutdown, manipulating information, or even disguising itself to fool safety tests; the company will retain its public benefit corporation (PBC) status, and 7 co-founders lock in 50.1% voting power on key matters through Class F super-voting stock.