Anthropic Opens Its Books: $16 Billion in Sales, an $80 Billion Loss, and a Computing Bill That Could Hit $750 Billion

Anthropic’s draft IPO prospectus gives the first real look inside the company behind Claude. Revenue has exploded, from $1.1 billion to $16.3 billion in a year. But the same document shows an $80.7 billion loss, heavy reliance on two customers, and computing deals that could cost up to $750 billion. Here’s what the numbers really mean.