After weeks of leaks, Anthropic published the S-1 for its IPO, disclosing $16.3B in revenue for the first half of 2026 alongside a net loss of $80.7B. TechCrunch’s Equity team takes apart the financial details behind one of the industry’s most valuable private companies.
Kirsten Korosec, Sean O’Kane and Anthony Ha weigh the opportunity against a long list of risks, then ask a blunter question with Amanda Silberling: whether AI executives are too insulated to build products ordinary people want.
