Tag

#S-1

Articles tagged S-1.

Anthropic's S-1: A $693 Million Operating Loss, $131.7 Billion in Cash and $600 Billion of Compute Deals
Startups & Funding

Anthropic's S-1: A $693 Million Operating Loss, $131.7 Billion in Cash and $600 Billion of Compute Deals

Anthropic's public S-1 shows $16.3 billion of first-half revenue and an $80.7 billion net loss, but an operating loss of only $693 million. Nearly all the rest is a non-cash charge on convertible notes. It held $131.7 billion in cash, lists compute deals worth more than $600 billion, and gives its founders 50.1% of the vote.

Jordan Beck
Anthropic Moved Its IPO to November, and the Raise Could Top SpaceX's Record
Markets & Money

Anthropic Moved Its IPO to November, and the Raise Could Top SpaceX's Record

Anthropic is now targeting a November IPO that could value it near $2 trillion and raise as much as $100 billion, the Wall Street Journal and New York Times reported September 18. The later date lets its prospectus carry third-quarter results.

Sam Whitaker
OpenAI Reportedly Pushing Its IPO to Next Year After Watching SpaceX
Startups & Funding

OpenAI Reportedly Pushing Its IPO to Next Year After Watching SpaceX

OpenAI is considering delaying its IPO to next year, per the New York Times, citing SpaceX's weak post-IPO trade and broader AI-share volatility. The S-1 filing timing we covered ten days ago is already getting restructured.

Jordan Beck
OpenAI and Anthropic Both Filed Confidential S-1s. The IPO Calendar Just Changed.
Startups & Funding

OpenAI and Anthropic Both Filed Confidential S-1s. The IPO Calendar Just Changed.

OpenAI and Anthropic both confidentially filed S-1s with the SEC in June, with each near a $1 trillion valuation from its most recent private round. Two listings of that scale at the same time would be unprecedented.

Jordan Beck