DOMINANT ANGLE
London is weighing Anthropic's stock market entry between financial excess, with $80.7 billion in losses versus $16.3 billion in revenue, and the dizzying risk of "catastrophic" risks that the company itself writes about.
Dominant angle identified — does not reflect unanimity of this country’s media
KEY POINTS
- 01
Anthropic reports $16.3 billion in revenue and over $80.7 billion in losses for the first half of the year (BBC).
- 02
The Nasdaq listing under the symbol ANT could surpass SpaceX, which was introduced this summer at around $1,800 billion (BBC).
- 03
The co-founders warn that advanced AI could pose "catastrophic or existential" risks to humanity, in a 335-page prospectus (Daily Mail).
ANALYSIS
London, 27 October 2026. The British press is welcoming the filing of Anthropic's prospectus, made public on Monday, 26 October, under two registers: that of figures and that of concern. The BBC first inscribes it in the history of finance: the company behind the chatbot Claude revealed losses of over $80.7 billion (£60.5 billion) in the first half, for a turnover of $16.3 billion over the same period. The number of shares and the price range have not yet been fixed. The expected valuation would exceed that of SpaceX, whose summer introduction, at around $1,800 billion, had held the record until now.
The BBC presents Anthropic as the "first true AI company" to go public, making it a test for the future of the technology. It recalls that sector giants have invested over $1,000 billion in data centers and models over the past year alone. It quotes the company, which announces investments that "may seem irresponsibly large at first glance", and summarizes its line with the formula "bold but sane". The title will be listed on the Nasdaq under the symbol ANT. Anthropic, founded five years ago, is led by Dario Amodei, his sister Daniela, and five other co-founders; it had announced its intention to go public in June, with OpenAI quickly following.
The Daily Mail chooses a different, more dramatic approach. It highlights "terrifying secret clauses" in the document, namely the pages dedicated to the risks of AI, rare in a prospectus: the tabloid emphasizes that this level of detail on philosophical and moral dilemmas is not "typical for most normal companies". It reproduces the warning from the seven co-founders that sufficiently advanced systems could, without safeguards, "pose catastrophic or existential risks to humanity". It also notes the contrast with the opening of the text, which presents AI as one of the most determining technologies in human history, capable of accelerating science and bringing cures for major diseases closer. The prospectus has 335 pages.
The two titles agree on the scale of the operation, up to $2,000 billion according to the Mail, and on the unprecedented nature of the document. They diverge on what to take away from it: for the BBC, the equation between record losses and a bet on growth; for the Mail, the admission by the leaders themselves of a potential danger to humanity.
