Spending 518 Billion Dollars a Year, Losing 42 Billion Last Year: Anthropic's Prospectus Reveals the Costliest Bill for an AI Unicorn
The prospectus reveals that the AI unicorn Anthropic recorded a net loss of 42 billion dollars in 2025 and plans to invest 518 billion dollars in cloud services, compute power, and infrastructure over the next year. Revenue increased 12 times to nearly 4.6 billion dollars in the same year, but due to impairment losses from previous financing, it still suffered an operating loss of over 8 billion dollars, with expansion and heavy spending coexisting.