Anthropic IPO Prospectus Leaked: $42B Loss, Over Half A Trillion In Cloud Commitments

• Anthropic’s losses soared even as revenue grew 12-fold, highlighting the extreme cost of frontier AI development.
• The company reportedly has $518 billion in future cloud, computing and infrastructure commitments.
• The disclosures come as Anthropic rolls out new Claude models and prepares for a potential IPO after the U.S. midterms.

Anthropic PBC is burning cash at a staggering pace even as it faces tens of billions of dollars in cloud and infrastructure commitments over the coming year, Reuters reported Monday, citing…