Anthropic files for Nasdaq IPO as revenue jumps to $16.3 billion

Anthropic filed for a Nasdaq IPO under the ticker ANT on Monday, disclosing explosive revenue growth alongside massive computing commitments and continued losses. Goldman Sachs and Morgan Stanley are leading the offering, with a potential valuation between $1.5 trillion and $2 trillion. Revenue for the six months ending June 30 reached $16.3 billion, up from $1.2 billion a year earlier, though the company posted an $80.7 billion net loss. Anthropic has over 11,900 customers generating at least $100,000 in revenue, up from 950 last year, with a net revenue retention rate of approximately 900%. The company disclosed minimum payment obligations of $245 billion for future computing, including at least $110 billion to Amazon through 2036 and up to $114.5 billion to Google through 2033. Anthropic plans to issue up to $42 billion in convertible notes and warned that capital expenditures will increase significantly.