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News 2026-09-29 12:18 UTC

Anthropic Targets $2 Trillion IPO Despite $42 Billion Net Loss

Anthropic reported a net loss of $42 billion in 2025 and plans to spend $518 billion on cloud, computing and infrastructure obligations in the coming years, according to its IPO prospectus seen by Reuters. The listing could value the Claude developer at more than $2 trillion, over double its own es…