Anthropic IPO docs reportedly reveal over $40 billion in losses last year
Reuters reviewed Anthropic's IPO prospectus, revealing new details about the AI company's financials.
Anthropic, a leading AI company, is preparing to go public, but its latest financials show a massive $42 billion loss in 2025, according to the prospectus obtained by Reuters. While the company generated $4.6 billion in revenue, the $8.06 billion spent on operating costs was significantly higher than the $2.98 billion spent in 2024.
Additional $7.33 billion was allocated towards compute and infrastructure costs from Anthropic's AI lab. The prospectus revealed that the company plans to spend $518 billion on cloud, computing, and infrastructure obligations in the coming years. Almost 80% of this expenditure is committed to non-cancelable deals. Investors should be aware that Anthropic is targeting a $2 trillion valuation for its upcoming public offering.
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