Anthropic Is Going Public. Is It Worth Buying?

Should you invest in the upcoming Anthropic IPO?

Anthropic, the company behind Claude AI, is preparing to go public, and I think this could be one of the most exciting investment opportunities in years.

But there’s a catch. AI is making billions of dollars. The question is, how much does it COST to make those billions?

Let’s look at the numbers.

In the third quarter of 2026, Anthropic generated nearly 17 billion US dollars in revenue. That’s up from just 1.4 billion dollars in the same quarter last year.

Incredible growth!

But here’s the other side.

The company reported a net loss of 23 billion US dollars in that same quarter.

Now, most of that loss came from accounting adjustments related to financing, rather than the everyday cost of running the business.

But the actual infrastructure commitments are staggering.

Anthropic has committed to spending nearly 900 billion US dollars on computing and infrastructure over several years, including nearly 70 billion dollars due within the next twelve months.

That’s the cost of building and operating the data centres and computing systems that power AI.

So why am I still bullish?

Because I believe AI is going to fundamentally transform how we work and do business.

And I’ve seen this movie before.

I remember when Google came out while I was in high school and we were all excited! And when I was in college, I was using Amazon to sell my textbooks.

I knew these technologies were changing the world, but I didn’t know anything about investing back then.

Imagine if I’d bought shares in Google and Amazon early on. I’d probably be rich today! And that’s a lesson I’ve never forgotten.

When you recognise a technology that has the potential to change the world, I believe it’s worth considering an investment in it, as long as you understand the risks.

And Anthropic is already demonstrating that companies are willing to pay serious money for its technology.

But let’s talk about some of those risks.

Competition from OpenAI, Google and other AI companies is intense. Infrastructure costs could eat up profits for years. But remember, Amazon was notoriously unprofitable for many years too.

Another issue is revenue growth. That’s already slowing, from 144 percent in the second quarter to 47 percent in the third.

Then there’s the IPO valuation.

Even a fantastic company can be a terrible investment if you pay too much for its shares. We don’t know the IPO price yet.

So would I invest?

Yes, I’d seriously consider it. But I wouldn’t rush in at just any price.

I’d want to see the final IPO valuation, understand the company’s path to profitability, and be prepared for significant volatility.

Because recognising the next big technology is one thing. Making money from it is another.

And that’s the bottom line.

Would you invest in Anthropic when it goes public, or is the risk too high?