Billionaire Dario Amodei's Anthropic posts $16.3bn revenue
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Anthropic PBC, the artificial intelligence company led by American billionaire Dario Amodei, made $16.3 billion in revenue in the first six months of 2026. This was up from $1.1 billion in the same period a year earlier, according to a draft of the document prepared for its planned initial public offering (IPO), when a company first sells shares to the public.
The San Francisco-based company, which makes the Claude chatbot, reported a net loss of $80.7 billion during the first half of 2026, compared with $13 billion a year earlier. About $72 billion of this loss came from accounting charges related to convertible notes and other ways of raising money. These charges did not involve cash payments and were not caused by the company's normal business activities.
The draft filing also shows that Dario Amodei, Anthropic's chief executive officer, and his sister Daniela Amodei, the company's president, each received a base salary of about $655,000 in 2025. Most of their pay came in company shares. Dario Amodei received total compensation of about $18 million that year, while his sister received about $16.4 million.
Both siblings' base salaries increased to $1.4 million in July. The company's board also gave them restricted stock units this year. These are company shares that they can receive only after meeting certain conditions. Some of the shares will become theirs only if Anthropic goes public.
A pledge to give away 80%
Anthropic's co-founders have promised to give 80% of their personal Anthropic shares to charitable causes. This promise is included in the IPO filing. However, the draft document does not say what percentage of the company the founders own.
Dario and Daniela Amodei are two of Anthropic's seven co-founders. They left OpenAI and started Anthropic in 2021. Six of the seven co-founders, including the Amodei siblings, are each estimated to be worth $15.5 billion.
Anthropic said on Sunday that it plans to put an initial 5% of its shares into a new Anthropic Public Benefit Fund, if shareholders approve the plan. The fund could give large donations to established nonprofit organizations or make direct payments to groups affected by AI, including workers. The company said none of the fund's shares would be used to support lobbying or political donations. Anthropic says that, together, the founders' promise, a program for employees to donate shares and the new fund will set aside about 20% of its shares for public-benefit causes.
Spending commitments and the listing
The draft prospectus shows how much Anthropic is spending on computing power. The company spent about $9 billion on computing capacity and infrastructure in the first half of 2026. That was more than the $7.3 billion it spent during all of 2025. It has also agreed to spend about $450 billion on cloud computing over the next 10 years. This includes $111 billion with Google Cloud, $110 billion with Amazon Web Services and $31 billion with Microsoft.
Amazon.com Inc. and Google parent company Alphabet Inc. are Anthropic's biggest outside investors. Two customers accounted for about 20% of the company's revenue in the first half of the year. Anthropic expects a small number of customers to continue making up a large share of its sales.
Anthropic's growth became faster after June. The company told investors that its revenue reached $16.8 billion in the third quarter, up from $11.5 billion in the second quarter. It also said it made a profit when measured using an adjusted calculation, which leaves out certain costs and charges.
Anthropic sent a draft registration document to the U.S. Securities and Exchange Commission in private on June 1. It could make the filing public as soon as Friday. The company has chosen Nasdaq for its stock market listing and hopes to begin marketing its shares to investors during the week of November 9. However, the schedule could still change. The IPO could raise as much as $100 billion. If it does, it would be bigger than SpaceX's June listing, which was the largest IPO on record.
Wall Street had expected Anthropic to be valued at about $2 trillion. After the latest information came out, some investors began considering a lower value of about $1.5 trillion. In May, Anthropic raised $65 billion in funding at a company valuation of $965 billion.