Anthropic files for an IPO that could value it at $2 trillion while warning its AI could pose 'catastrophic' risks
Anthropic's quarterly revenue hit $16.8bn in Q3 2026, up 45% on the previous quarter, as the company filed a 335-page prospectus to list its shares.Dario Amodei leads Anthropic, which filed to float on the US stock market on Monday at a valuation exceeding $1.5tn.
The 335-page filing shows Anthropic lost $80.7 billion in the first half of 2026, double its losses for all of 2025, on revenue of $16.3 billion. Dario Amodei's company intends to seek a Nasdaq listing under the ticker 'ANT'. Marketing of the shares could begin as soon as 9 November. The stake held by each of the seven co-founders could reach $29 billion.
The filing warns its chatbots could show 'behavior resembling blackmail' to avoid shutdown.
Anthropic says a hacking group it believes was China-backed 'manipulated' Claude to break into institutions.
Two unnamed customers accounted for 23 per cent of revenue, stoking concerns that AI expenditure is going around in circles.