Anthropic's IPO could value AI giant above $2 trn
Anthropic, a fledgling AI startup founded just five years ago, is set to make waves with its impending IPO, potentially valuing the company at over $2 trillion. The prospectus reveals that the company incurred a massive $42 billion net loss in 2025, with plans to invest a staggering $518 billion in cloud, computing, and infrastructure over the coming years.
Despite this, revenue surged 12-fold to nearly $4.6 billion in 2025. The IPO, projected to bring public investment to the AI race, follows the rapid growth and increased scrutiny of AI models, some of which can exhibit surprising, potentially hazardous behaviors. Anthropic's CEO, Dario Amodei, has called for a cautious pace in releasing new AI capabilities to address these concerns.
The company is expected to list after the November US midterm elections, facing competition from tech giants like Amazon and Google, as well as other AI players such as OpenAI, SpaceX's xAI, Alphabet's Google, and Meta.
Written by urgent.news from The Economic Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
