**Anthropic Files for an IPO**

**Anthropic** filed an **S-1** with the **SEC**. Revenue reached **16.3 billion** in the **first half of 2026**, versus 1.2 billion a year earlier.

The reported loss was **80.7 billion**, but **72 billion** came from revaluing debt instruments that will convert into shares. Actual spending was about **17 billion**, including **9 billion on computing and infrastructure**. **Operating loss was 0.7 billion**.

Anthropic says **computing costs are growing slower than revenue** and claims **Q3 already shows a paper profit**. It has **132 billion** on hand, but computing commitments run into **hundreds of billions through 2045**. Seven founders will retain **50.1% of voting power**, so buyers get an economic stake without control.

**** **[@venture](https://t.me/venture)