AI
Anthropic's IPO filing sells a $40 trillion prize and $80.7bn of red ink
Anthropic's S-1 reports revenue of $16.3bn for the six months to June 2026, up from $1.2bn a year earlier, and an operating loss of $693m after a $1.0bn operating profit in the second quarter. The filing puts the economic value of knowledge work at more than $40 trillion globally in 2025 and cites an IDC estimate of $22.5 trillion in cumulative AI impact by 2031. A net loss of $80.7bn was driven mainly by convertible-note fair-value changes; the company plans to list on Nasdaq under the symbol ANT.