Anthropic files for initial public offering with SEC

Our initial public offering: Legal disclaimer: Anthropic has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement (available at: and other documents Anthropic has filed with the SEC for more complete information about Anthropic and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at Alternatively, copies of the preliminary prospectus may be obtained from: Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, NY 10282, by telephone at (866) 471-2526, or by email at prospectus-ny@ny.email.gs.com; or Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick…

Anthropic’s IPO is confirmed for Wednesday next week. These numbers are insane.

Some quick observations on Anthropic's IPO: 1/ The number of customers paying $100K or more grew 12x in a year, to over 11,900. And the existing ones are spending about 9x what they did 1 year ago (wild). 2/ The net loss is $23.3B, but $21.9B of that is a paper loss. They owe early investors shares, and those shares got more valuable, so accounting rules count it as a loss (has to do with convertible notes etc being exchanged) 3/ Revenue per employee is over $6.6M! 4/ They did $17B in revenue last quarter, and that's up more than 12x from a year ago. 5/ The stat they feature most is compute efficiency, where they say they get 4x more revenue per dollar of compute than in early 2025. ( I think this is a metric they defined themselves but not 100% sure) 6/ It's a public benefit…