Hardware Ready Ready to Bench?
On October 26, 2026, Anthropic officially filed its initial public offering (IPO) application with the Securities and Exchange Commission. According to prediction market traders, the company’s stock market debut is considered almost certain within the current year. The company is preparing to become the third listed company with a valuation exceeding one trillion dollars, following Saudi Aramco and SpaceX.
Why it matters
Anthropic’s entry into the financial markets comes amid strong interest in artificial intelligence-related infrastructure. The IPO filing occurs at a stage where major technology players are intensifying investments in the sector. Meta announced on the same day a plan to raise up to $95 billion, intended to fund opportunities in AI and related infrastructure. This move highlights the scale of capital required to support sector growth.
The numbers
Anthropic reported a 14-fold increase in revenue compared to the previous year. In the second quarter of the current year, revenues amounted to $11.56 billion, in stark contrast to the $787 million recorded in the same period of the prior year. The company closed the second quarter with an operating profit of $974 million, after five consecutive quarters of losses. However, losses of $80 billion were reported in the first half of the year. As of the end of June, Anthropic held $132 billion in cash, equivalents, and short-term investments.
Microsoft and Nvidia have committed to investing $15 billion in Anthropic’s computing capacity. Alphabet stated its financial support for a data center in Texas. Broadcom is creating funding pools to help Anthropic and OpenAI distribute high-performance models, as stated by CEO Hock Tan. The potential amount of bonds issuable to Amazon, Broadcom, and Google in the IPO is estimated at $77 billion.
What remains to be seen
It remains to be verified whether Anthropic’s IPO will exceed or disappoint investor expectations. Analysts note that the share of total expenses for Fortune 500 companies allocated to Anthropic models and services in the last quarter was less than 0.1%. Furthermore, it is not yet clear if demand for AI models will remain sustained long-term despite massive infrastructure investments. Regarding Meta, internal forecasts cited indicate that the company will need to raise hundreds of billions of dollars in coming years, but the exact amount has not been specified.
Sources: CNBC Top News, CNBC Top News, CNBC Top News, The Guardian US Business, The Guardian US Business, NPR Business, Fox Business Markets, Kiplinger, MarketWatch.
This article is for informational purposes only and does not constitute financial advice or an investment recommendation.
* Content created with the assistance of artificial intelligence systems.