Anthropic Files for IPO With $16.3 Billion in First Half Revenue and an $80.7 Billion Net Loss

Anthropic, the company behind the Claude AI models, submitted its IPO prospectus on Monday morning and is aiming to go public in November. The filing reports first half 2026 revenue of $16.3 billion against a net loss of $80.7 billion. The share count and price range have not been revealed. Earlier reports pointed to a raise of up to $100 million at a $2 trillion valuation, while the Financial Times says investors are expecting a valuation between $1.5 trillion and $1.75 trillion. Fox Business reporter Liz Claman said pricing on Nov. 19 or 20 still looks on track.

Chip Stocks React to the Anthropic S-1

Semiconductor shares moved higher in pre market trading after the filing. Nvidia gained 1.4% while Micron climbed 2%.

Hyperliquid ANTH Contract Tracks Anthropic Share Price

Traders can already speculate on Anthropic’s future stock price on the crypto exchange Hyperliquid through a contract called ANTH. It jumped to about $1,980 around 9 a.m. ET, when the S-1 was due, then fell roughly 6% to near $1,857 within minutes. It later traded around $1,875 shortly after 12:05 UTC, with about $12 million changing hands over 24 hours.