---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/100000000916861.md"
description: "According to the IPO prospectus of Anthropic seen by Reuters.&gt; Anthropic reported a net ‌loss of $42 billion in 2025, and plans to spend $518 billion on cloud, computing and infrastructure obligations in coming year. &gt; Revenue grew 12-fold in 2025 to nearly $4.6 billion, even as the company lost more than $8 billion on an operating basis, excluding writedowns of various liabilities mostly tied to previous fundraising.&gt; The AI lab spent $7.33 billion on compute and infrastructure last year, a threefold surge from 2024, accounting for more than half of its $12.65 billion in total operating expenses.&gt; The near-$42 billion net loss included a roughly $34 billion accounting charge that reflected an increase in the ‌estimated value ⁠of financing that could eventually turn into Anthropic shares, rather than money the company spent running its business.&gt; Anthropic had cash, cash equivalents and short-term investments totaling $20.28 billion as of December 31, the prospectus shows.$Alphabet(GOOGL.US) $Amazon(AMZN.US) $Microsoft(MSFT.US) $Meta Platforms(META.US) $AMD(AMD.US) $NVIDIA(NVDA.US)"
datetime: "2026-09-29T00:05:20.000Z"
locales:
  - [en](https://longbridge.com/en/topics/100000000916861.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/100000000916861.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/100000000916861.md)
author: "[Equity research](https://longbridge.com/en/profiles/2071818324550963200.md)"
generator: "portal-rs"
---

# According to the IPO prospectus of Anthropic seen …


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## Comments (1)

- **beta-one · 2026-09-29T09:03:33.000Z**: with committed spend that size the useful disclosure is the contractual obligations table, it breaks the total into what falls due each year rather than one headline figure.


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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**