Anthropic records net loss of more than US$80 billion in the first half of 2026

The San Francisco-based company is expected to go public in November, and some investors are now pricing in a lower valuation of around $1.5 trillion following its latest financial disclosures, Reuters reported last week.

The first-half loss, which widened from the $13 billion loss recorded the previous year, included an accounting charge of $72 billion, reflecting an increase in the estimated value of securities that could eventually be converted into Anthropic shares, rather than cash costs tied to its operations, according to the document.

The disclosures highlight the high costs of the AI ​​race, as investors look more closely at whether the huge sums being pumped into chips and data centers will generate sufficient returns.

Anthropic has committed to spending at least $518 billion over a decade on cloud, computing and infrastructure services.

The company spent nearly $9 billion on computing capacity and infrastructure in the first half, an increase from $2.3 billion a year earlier, according to the filing.