$64.4 billion public offering from artificial intelligence company Anthropic

Anthropic has updated its official filing with the U.S. Securities and Exchange Commission (SEC) for its initial public offering.

The company aims to raise up to $64.4 billion through an initial public offering, one of the largest public offerings in Wall Street history.

According to documents filed with the SEC, Anthropic plans to sell a total of 825 million shares at a price range of $70 to $78 per share. According to calculations, with this step, the total market value of the company reaches 1.02 trillion dollars.

The startup's revenues reached $16.29 billion in the first half of 2026, up from $4.59 billion in 2025. This strong growth in revenues enabled the company to reduce its operational loss from $2.14 billion to $693 million.

Fees paid to cloud providers are the company's largest cost item. Anthropic has committed to spending over $600 billion on infrastructure partners over the next 10 years.

In this context, it is planned to purchase cloud computing services worth at least 110 billion dollars from Amazon, 114.5 billion dollars from Google and 44.9 billion dollars from Microsoft. As part of the "circular financing" model in the industry, Amazon and Google are also among the company's largest shareholders.

Anthropic, which has the status of a "public benefit company" (PBC), will remain under the control of the founders after the public offering. The venture's seven co-founders will continue to have full authority over critical corporate decisions by holding a single "Class F" share representing 50.1 percent of the total voting power.