In TrendsStocks To WatchStock MarketNifty OutlookBank Strike DeferredGold and SilverAnthropic's IPO prospectus shows sweeping AI vision, surging costsAnthropic's IPO prospectus reveals a $42B net loss in 2025 and plans to spend $518B on infrastructure, despite 12-fold revenue growth. The company, valued at over $2T, faces competition from OpenAI anBy Reuters September 29, 2026, 7:44:43 AM IST (Published)Anthropic is making a massive bet that AI will transform the global economy more profoundly than industrialisation, electricity and the internet, according to its IPO prospectus seen by Reuters.But the cost to get there will be staggering. Anthropic 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 the prospectus.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 write-downs of various liabilities mostly tied to previous fundraising, according to the documents reported here for the first time.The public sale, which could value it at more than $2 trillion, would capitalise on the rapid rise of…
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