Veytics Intelligence
2026-09-29 · Seekingalpha

Anthropic IPO prospectus reveals surging costs, $42B 2025 net loss: report

[AI Technology Background CGI. Multimodal AI Digital Screen with Running Codes, Commands and Algorithms] da-kuk/E+ via Getty Images Anthropic (ANTHRO [https://seekingalpha.com/symbol/ANTHRO]) reported a net loss of $42 billion in 2025, and plans to spend $518 billion on cloud, computing and infrastructure obligations in coming years, according to its IPO prospectus seen by _Reuters_. The prospectus details how the company has grown sharply in the last year — while also posting wider losses. Revenue grew 12-fold in 2025 to nearly $4.6 billion, even as the company lost more than $8 billion on an operating basis, excluding writedowns of various liabilities mostly tied to previous fundraising, the report said, [https://www.reuters.

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