Fact check: Anthropic’s IPO hasn’t been canceled—don’t be misled by clickbait headlines. It filed its S-1 on October 26, then submitted a revised version on November 2 with third-quarter figures: quarterly revenue of about $17 billion, up 12-fold from just $1.4 billion a year earlier. But it also posted a net loss of $23.3 billion, and its commitments to computing power and infrastructure totaled a staggering $895.4 billion—an equally alarming rate of cash burn. The company plans to list on Nasdaq under the ticker ANT, but the price and number of shares are still blank. Reuters reported on November 3 that the IPO is expected before Thanksgiving (November 26), with the roadshow potentially starting as early as November 10. No pricing doesn’t mean cancellation—it means the most expensive AI IPO in history is still waiting on its final card: whether the market is willing to pay for this rate of cash burn. #Anthropic #AI