Anthropic, the AI startup behind Claude, reported a net loss exceeding $80 billion in the first half of 2026, according to its S-1 filing with the US Securities and Exchange Commission ahead of its IPO, The Wall Street Journal reported via livemint.com. The company also indicated plans to spend up to $750 billion in the coming years to expand its computing capacity.
The loss, a sharp increase from $13 billion in the same period last year, was largely driven by $72 billion in accounting charges related to changes in the value of financial instruments issued to raise capital. Meanwhile, Anthropic's revenue surged to $16.3 billion for the six months ended June 30, up from $1.1 billion a year earlier, while its AI infrastructure spending nearly quadrupled to nearly $9 billion, according to livemint.com.
The figures highlight the immense costs involved in the AI race as companies invest heavily in chips and data centers. Anthropic, founded in 2021, had previously posted a $42 billion net loss in 2025 and is seeking a $2 trillion valuation in its upcoming IPO, which was delayed to November. The scale of its planned computing expenditure underscores the capital-intensive nature of AI development compared to peers in the sector.
Anthropic aims to raise $100 billion at a $2 trillion valuation in its delayed IPO, scheduled for November, per livemint.com. The company’s aggressive spending on AI infrastructure and computing capacity reflects its strategy to compete at the highest level in the AI market.