Anthropic draft prospectus: $16.3 billion revenue and $80.7 billion net loss in six months, compute spending of up to $750 billion possible
Prepared by Sintelligent with the help of SI. Published in SI: . Updated: .
The fastest-growing SI lab already earns tens of billions but spends even more on compute - investors will have to decide whether they are ready to pay for such a race.
According to The Wall Street Journal, which reviewed an updated draft of the company's S-1 registration statement (as relayed by runtimewire, zerohedge and TechCrunch; the WSJ article is paywalled), Anthropic's revenue in the first half of 2026 was $16.3 billion and its net loss was $80.7 billion; in the wording of the retellings, the loss is largely explained by accounting charges tied to financing. The document says the company may spend up to $750 billion on computing capacity in the coming years, including deals still under negotiation. According to TechCrunch's retelling, about one-fifth of sales comes from two customers. The document remains a draft and may change.