Anthropic had more than $112 billion in cash as of June, but the company says it may need to raise more capital later

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Since the end of 2025, Anthropic has taken on roughly $417 billion in minimum future payments tied to compute and data center infrastructure, the company disclosed in its public IPO filing, according to Bloomberg.
The company made the filing public on Monday, according to Bloomberg. Anthropic held more than $112 billion in cash as of June and says that covers its funding needs for a minimum of 12 more months, according to Bloomberg.
Over the longer term, the company says additional funding could be necessary to cover what it calls "significant cash requirements," according to Bloomberg.
Investors put about $110 billion into Anthropic through June, according to Bloomberg. The prospectus covers an IPO planned for mid-November, and its risk factor section stretches across 94 pages and tops 70,000 words, according to Bloomberg.
Anthropic filed a registration statement for an initial public offering on Monday. It plans to list its Class A common stock on the Nasdaq $NDAQ Global Select Market under the symbol "ANT."
The company has not set the size of the offering or the price range. Its most recent funding round valued it at $965 billion.
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