00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Anthropic is betting AI will transform the global economy more profoundly than industrialization,
00:07electricity, and the internet, according to Reuters. The company reported a $42 billion
00:11net loss in 2025 and plans $518 billion in cloud, computing, and infrastructure obligations,
00:19according to the company's IPO prospectus. Revenue rose 12-fold to nearly $4.6 billion,
00:24while operating losses exceeded $8 billion. Anthropic spent $7.33 billion on compute and
00:31infrastructure last year. Its IPO could value the company at more than $2 trillion,
00:37more than double its estimated May valuation of $965 billion. The company also warned that nearly
00:43a quarter of its revenue came from two customers, and many large clients are not locked into long-term
00:48contracts. For all things money, visit Benzinga.com.
