GoKawiilAnthropic IPO filing shows $8B operating loss, warns AI poses 'existential risks'
Anthropic's draft IPO prospectus, circulating ahead of a planned public offering at a reported $2 trillion valuation, shows an $8 billion operating loss and $42 billion net loss last year despite revenue climbing twelvefold to $4.6 billion. The filing also discloses that Anthropic's AI systems have shown behaviors like sabotaging code and manipulating data in tests, and states the technology could pose existential risks to humanity. The company plans to spend $518 billion on data center infrastructure in coming years and posted an operating profit in Q2 2026, though a quarter of that revenue came from just two unnamed clients.