Anthropic, the artificial intelligence firm behind the Claude chatbot, disclosed a net loss exceeding $80 billion during the first half of 2026, according to reporting by the Wall Street Journal citing a draft IPO prospectus. The substantial loss represented a significant increase compared to the $13 billion net loss recorded in the same period a year earlier.
Accounting charges totaling approximately $72 billion accounted for the majority of the loss, stemming from changes in the valuation of convertible notes and other financial instruments the company had issued to fund its operations. Additionally, Anthropic indicated it may allocate up to $750 billion in subsequent years to expand its computing infrastructure, with several deals currently under negotiation.
Despite the reported losses, Anthropic’s revenue grew substantially to $16.3 billion during the six-month period ending June 30, compared to $1.1 billion in the comparable prior-year interval. The company’s spending on artificial intelligence infrastructure nearly quadrupled to approximately $9 billion during the same timeframe. The corporation has gained traction with Claude Code, its coding assistant utilized by developers for software development and application creation.
The financial disclosures have influenced investor sentiment regarding the company’s valuation ahead of its November share offering. Investors attending Anthropic’s recent San Francisco investor event discussed a valuation of roughly $1.5 trillion, a meaningful decline from the approximately $2 trillion valuation previously anticipated for the IPO, according to sources familiar with the discussions.
Anthropus also cited potential risk factors in its prospectus, including uncertainties related to preventing harmful uses of its products through sophisticated cyberattacks or the operation of uncontrolled AI models. The company did not respond to requests for comment regarding the report.
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