The artificial intelligence startup filed its Form S-1 with the Securities and Exchange Commission.
Announcing the IPO filing in a press release, Anthropic said: “Anthropic intends to list its Class A common stock on the Nasdaq Global Select Market under the symbol ‘ANT.’ The number of shares of Class A common stock to be offered and the price range for the proposed offering have not yet been determined.”
Anthropic said in its filing that its revenue for the six months ended June 30 was $16.3 billion, up from $1.2 billion during the same period in 2025, equaling an increase of 1,300%. The company also reported an operating loss of $693 million and a net loss of $80.7 billion.
Anthropic’s 335-page filing includes 94 pages of risk factors.
We’d love to be your preferred source for news.
Please add us to your preferred sources list so our news, data and interviews show up in your feed. Thanks!
Anthropic said in its filing that the company has a “novel capital and corporate governance structure” in that it is incorporated as a public benefit corporation and will issue a share of a special class of common stock to a limited liability company made of up seven co-founders, including CEO Dario Amodei, President and Chairperson Daniela Amodei and five-other co-founders. That share will hold 50.1% of total voting power when it comes to matters submitted to stockholders, according to the filing.
Highlighting potential benefits of AI, Anthropic said in the IPO filing that the company believes the technology will accelerate progress in biology and medicine, raise productivity in every sector of the economy, spread these benefits across the world and improve the quality of government services.
Noting potential risks of AI, Anthropic said the technology could be misused to cause harm in the form of cyberattacks or designing biological weapons, may behave in ways developers and users do not intend, could be used to create high-tech surveillance states and may cause economic disruption greater than that seen with earlier technologies.
“Navigating a technology with the properties we have just described requires a very different approach from that of a typical company,” Anthropic said in the filing.
Everything from Anthropic’s culture to corporate governance will be designed to ensure the company can act in the public interest, the firm said.
“We and our investors will have a smoother journey if everyone involved in on the same page about how we operate and is not surprised by our choices,” Anthropic said.
It was reported Wednesday (Oct. 21) that Anthropic’s IPO could be the largest stock market debut ever and that it is a major test for the AI boom as investors grow wary of the industry’s heavy spending.