Anthropic's cash reserves exceed those of almost all US companies

In its S-1 filing with the US Securities and Exchange Commission, Anthropic disclosed that as of June 30 it held $112.4 billion in cash and $19.3 billion in short-term investments, totaling $131.7 billion; according to data compiled by CNBC and S&P Capital IQ, this scale exceeds that of all US non-bank companies except Berkshire Hathaway and Alphabet, and also exceeds the sum of Nvidia and Apple. Its IPO is reported to potentially raise more than $100 billion, which if achieved could increase its cash reserves to more than $230 billion; existing investors will also sell shares, with details expected to be disclosed in about two weeks. In nearly six years since its founding, the company has raised $141 billion in cumulative private financing, and in the first half of the year spent $8.95 billion on compute and infrastructure.