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Anthropic finance chief Krishna Rao faces growing pressure to demonstrate sustainable profitability as the artificial intelligence company prepares for a Nasdaq IPO under the ticker ANT. Anthropic reported revenue of $16.29bn for the first half of 2026, up from $1.16bn a year earlier, while its operating loss narrowed from $2.14bn to $693m. However, its net loss reached $80.75bn, largely reflecting a $72.39bn accounting charge related to financing instruments. Computing infrastructure expenses climbed to $8.95bn from $2.33bn, highlighting the substantial costs of supporting AI growth. Anthropic's enterprise customer base continues to expand, with more than 11,900 customers generating at least $100,000 annually as of September 30th. Investors will closely examine whether the company can sustain revenue growth, manage infrastructure commitments, and improve profitability amid intensifying competition, potential pricing pressures, and governance risks.
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