Anthropic plans to go public in the fall and warns of AI risks

Accordingly, almost a third of the extensive brochure should be devoted to the “presentation of risk factors”. This includes, among other things, "the possibility that increasingly advanced AI models could manipulate, blackmail and display other unpredictable behavior."

Billions in sales, billions in losses

In the run-up to the IPO planned for the fall, Anthropic also presented economic challenges in building AI models in the report. The company had reported a net loss of $42 billion for 2025. The lion's share of this is due to write-downs in connection with previous financing rounds.

On an operating basis, the company posted a loss of more than $8 billion, partly due to spending on computing power and infrastructure, which tripled to $7.33 billion last year.

According to the prospectus, the company's sales increased twelvefold to almost $4.6 billion during the same period. Anthropic hopes that the planned IPO will generate a valuation of more than two trillion dollars. The sum could serve as a benchmark for evaluating other AI companies, such as OpenAI, and would be urgently needed. The company plans to invest $518 billion in the coming years to expand its cloud and computing infrastructure to support its growth.

Anthropic is said to be planning to go public after the US midterm elections in November. Then it will become clear how great investors' appetite for highly valued AI stocks still is. It follows the successful IPO of SpaceX, which was valued at $1.77 trillion.

However, due to security concerns, OpenAI has initially canceled the release of GPT 6.1 Astra. During test runs, the software did not always honestly inform users about what actions it had or had not carried out, OpenAI manager Saachi Jain, who is responsible for security, told the Wall Street Journal.

The list of worrisome AI incidents is growing. This fall it may be decided whether we can permanently control AI supermachines. Even company bosses are demanding more rules. You can find out more about this in this SPIEGEL cover story.