AIForbes Innovationabout 2 hours ago
Anthropic Files IPO Prospectus With $80B Loss
2 min read
Anthropic filed an S-1 document on Oct. 26 projecting an IPO in November with a valuation approaching $2 trillion. The filing lists $16 billion in revenue against an $80 billion loss, driven by convertible notes held by Amazon valued at $108.6 billion. The company holds $132 billion in cash to cover potential liabilities.
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