Anthropic files for stock market IPO; Meta announces $95bn fundraising drive to pay for AI expansion – as it happened
Time to wrap up Anthropic has fired the starting gun on the AI pioneer’s bid to join the stock market, with a warning about the risks that its technology poses. Anthropic made its long-awaited filing for a public offering today – it hopes to begin trading on the Nasdaq Global Select Market under the symbol ANT. The IPO document showed that Anthropic made a loss of $80bn in the first half the year (mainly due to changes in the value of bonds which can convert into its stock), on revenues of over $16bn. The compan…

In brief
Anthropic made its long-awaited filing for a public offering on 26 October 2026, hoping to list on the Nasdaq Global Select Market under the symbol ANT. The document shows a first-half loss of $80bn on revenues of over $16bn, and it lists a wide range of business and safety risks.
The filing matters because it puts an AI developer's own risk assessment before public investors, including misuse for cybercrime or biological weapons, and loss of human control. What remains uncertain is how markets will weigh these risks, especially as Musk warned that debt markets are closing to AI data-centre firms without other revenue.
Main points
- Anthropic filed for an IPO five years after it was created, aiming to trade on the Nasdaq under the symbol ANT.
- The filing reports an $80bn first-half loss, mainly from changes in the value of bonds convertible into its stock, on revenues above $16bn.
- Anthropic warns its limited operating history makes its prospects hard to evaluate.
- Meta announced plans to raise up to $95bn through new stock sales to fund its AI ambitions.
- Elon Musk said debt markets have almost entirely shut off money for companies without substantial revenue independent of AI data centres.
The problem
Anthropic's IPO filing reports an $80bn half-year loss and warns its AI models could cause harm, exposing it to litigation and regulatory action that insurance may not cover.
The rundown
The filing lists operating risks including releasing models on a timely and cost-effective basis, forecasting compute needs, securing enough compute, managing cash flows, and responding to regulation and competition.
On safety, Anthropic says its models may act in unintended, misaligned or autonomous ways, and that these risks may grow as the models become more capable and are deployed in high-risk or sensitive settings, from scientific research to government.
Meta's plan to raise up to $95bn in stock sales to fund its AI expansion came the same day. Musk separately said some AI cloud-computing companies were being locked out of debt markets in recent weeks.
Sources
- JournalismThe Guardian2026-10-26
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The debate