Anthropic logged net loss of over $80 billion in first half of 2026, WSJ reports | International
Key Takeaways
AI Summary- Anthropic reported a net loss of more than $80 billion in the first half of the year. It also indicated that it might spend as much as $750 billion in the coming years to get more computing power, the Wall Street Journal reported on Tuesday.
- The loss was much higher than the $13 billion reported a year earlier. According to the report, $72 billion of the loss came from accounting charges caused by changes in the value of financial instruments Anthropic had issued to raise money. The report cited a draft document prepared for the company's planned initial public offering (IPO).
- The figures show how expensive the race to develop AI has become. At the same time, investors are looking more closely at whether the money companies spend on computer chips and data centers will bring them enough returns.
- Anthropic's revenue rose to $16.3 billion in the six months ending June 30, up from $1.1 billion in the same period a year earlier. Spending on AI infrastructure nearly quadrupled to almost $9 billion, the Journal reported.
Anthropic reported a net loss of more than $80 billion in the first half of the year. It also indicated that it might spend as much as $750 billion in the coming years to get more computing power, the Wall Street Journal reported on Tuesday.
The loss rose from $13 billion a year earlier. According to the report, $72 billion of the loss came from accounting charges caused by changes in the value of financial instruments Anthropic had issued to raise money. The report cited a draft document prepared for the company's planned initial public offering (IPO). These figures show how expensive the race to develop AI has become, even as investors look more closely at whether the money companies spend on computer chips and data centers will pay off.
Anthropic's revenue rose to $16.3 billion in the six months ending June 30, up from $1.1 billion a year earlier. Spending on AI infrastructure nearly quadrupled to almost $9 billion, the Journal reported. Anthropic did not respond to a request for comment, and Reuters could not immediately confirm the report.
ANTHROPIC'S IPO VALUATION FACES QUESTIONS Reuters first reported in September that Anthropic had recorded a net loss of $42 billion in 2025. That report was part of a series of exclusive stories based on the company's IPO prospectus.
The company has benefited from the popularity of Claude Code, its AI tool that helps developers write software and build apps. However, some existing investors and people considering investing in Anthropic are thinking about valuing the company at a lower amount after seeing its latest financial details. Four people familiar with the matter told Reuters this after attending Anthropic's investor day last week.
Three of those people said investors who attended the event in San Francisco discussed a company valuation of around $1.5 trillion. This was much lower than the roughly $2 trillion valuation previously expected for the share sale planned for November. Anthropic told investors at the meeting that its revenue in the third quarter rose 45% to $16.8 billion from the previous quarter. The company also said it had made a profit during the quarter after certain items were excluded from its financial results.
A weaker response to Anthropic's planned IPO could hurt the wider AI market. Investors believe the market's near-term outlook depends largely on whether the share sale succeeds, especially before rival OpenAI potentially goes public next year.
(This story has not been edited by Devdiscourse staff and was automatically created from a syndicated news feed.)
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