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A regulatory filing last month showed that Anthropic\u2019s revenue is growing rapidly, reaching more than $16 billion in the first half of the year \u2014 14 times its revenue from the same period last year. But like many other tech companies going public, the company has yet to turn a profit.<\/p>\n
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\n\t\t\tMore on Tech<\/button>More videos<\/button>\n\t\t<\/p>\n<\/p><\/div>\nFormed in 2021 by former OpenAI leaders, Anthropic is locked in a fight for dominance with that company. But both companies have plenty of other competitors, including Google, newer startups in the U.S. and China and SpaceX, which has an AI business. Anthropic, OpenAI and SpaceX\u2019s AI division have all been losing more money than they make because of the huge costs of resources in building AI, fueling concerns of a bubble.<\/p>\n
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There was also a brutal sell-off on Wall Street late last week, led by stocks tied to the buildout of AI data centres. Stock markets around the world felt pressure from continued drops for companies that had benefited from the boom in the artificial-intelligence technology industry.<\/p>\n
Shares in AI companies have been swinging for months on worries that the construction of further AI data centres may slow because of how expensive it\u2019s become to borrow money. Critics also believe that an AI bubble may be forming.<\/p>\n
Dario Amodei cautioned in September that the AI industry should slow its fast-moving development to give safety measures time to catch up. Without such a slowdown, Amodei warned AI could be capable of letting loose a swarm of agents that could take over the entire internet within six to 12 months.<\/p>\n
He offered a plan in a post on his website to increase checks on the industry, noting that Anthropic is already undertaking part of this on its own. As for other steps, though, he said that would require coordination across the industry and with governments around the world, including authoritarian ones.<\/p>\n
The shares are expected to list on the Nasdaq Global Select Market under the \u201cANT\u201d ticker symbol.<\/p>\n<\/p><\/div>\n
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\n\t\t© 2026 The Canadian Press\t<\/p>\n<\/div>\n
Source: <\/p>\n
: World<\/div>\n","protected":false},"excerpt":{"rendered":"
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