Anthropic IPO Prospectus Shows Revenue, Heavy Losses
Anthropic’s reported $16.8 billion in third-quarter revenue, first adjusted profit and positive free cash flow have not eased investor concerns about its proposed IPO valuation. Critics point to training costs excluded from its gross-profit figures and slowing growth, with some institutional buyers reportedly unwilling to invest unless the valuation falls below $1.5 trillion.
Tech · 129 sources · Oct 22, 2026Read it
The journal
Open the journal →About OpenAI
OpenAI is an American artificial intelligence (AI) public benefit corporation (PBC) headquartered in San Francisco, California. It develops "frontier" generative AI models, particularly its generative pre-trained transformer (GPT) series of large language models. Its release of ChatGPT in November 2022 has been credited with catalyzing the AI boom; as of September 2026, ChatGPT is the fifth-most-visited website globally. OpenAI also releases the GPT Image models and Codex, an AI coding agent. In March 2026, OpenAI closed a funding round with a post-money valuation of US$852 billion, making it one of the most valuable AI pure play companies in the world, rivalled only by Anthropic.
Everything about OpenAI →- Country
- United States
- Headquarters
- San Francisco
- Inception
- December 11, 2015, December 8, 2015
- Website
- https://openai.com/
