← Today's brief

Business · Updated 21 Oct, 11:37 am IST

Anthropic recorded over $80 billion net loss in first half of 2026

Image: ET Tech

Why it matters for readers: Explains why a fast-growing AI company can show very large reported losses because of how funding instruments are valued.

  • Anthropic logged a net loss of more than $80 billion in H1 of this year.12
  • About $72 billion of the loss came from accounting charges related to changes in value of convertible notes and similar instruments.12
  • That compares with a net loss of $13 billion in the same period a year earlier.12
  • Separately, Anthropic’s third-quarter revenue rose 45% to $16.8 billion from the previous quarter, according to a Reuters-cited investor note.2
  • Earlier reporting said Anthropic posted a $42 billion net loss in 2025 and plans significant future cloud and infrastructure spending.2

Get a brief like this every morning

Uzha reads hundreds of sources and gives you the stories that matter for your work, with every source linked. Free.

Get started

How this story developed

  1. 21 Oct, 07:41 am · ET Tech

    Anthropic recorded net loss of over $80 billion in first half of this year

  2. 21 Oct, 11:37 am · The Hindu Technology

    Anthropic logged net loss of over $80 billion in first half of 2026: Report