Investor skepticism has grown as token prices hit all-time lows, having roughly halved since the summer, leading to rumors that the listing date is slipping. Despite the valuation volatility, the company maintains a $100 billion cash cushion and recorded a $65 billion revenue run rate in July. Anthropic was operationally profitable in the second quarter and may have achieved profitability in the third, according to Financial Times reporting.
Tuesday, October 20, 2026
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Anthropic Wipes $200B from Implied Value Following First Financial Disclosure
Earnings6 days ago
The AI lab's valuation on the Liquid platform fell below $2 trillion on October 14, representing a drop of more than 10% in 30 days. The decline coincided with a meeting where Anthropic shared its third-quarter financial results with institutional investors for the first time to facilitate a potential initial public offering, which could be the largest in history.
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