Anthropic Reports $4.6 Billion Revenue as AI Safety Concerns Intensify
Anthropic’s rapid growth and rising revenue are being overshadowed by growing concerns about the risks posed by artificial intelligence. Current and former employees have publicly warned that runaway AI could potentially wipe out humanity within a decade.
Anthropic CEO warns AI could threaten humanity
Anthropic’s leadership told the UN Security Council last week that AI could threaten humanity and described it as “the most important global security issue facing the world today.”
This month, Anthropic led a national call to “walk the frontier” of AI development. In a rare moment of industry solidarity, OpenAI CEO Sam Altman joined Elon Musk in supporting a proposal for greater collaboration among AI companies to slow development and strengthen safety measures.
AI agent cybersecurity incidents raise safety concerns
Safety concerns have intensified following a series of high-profile cybersecurity incidents involving AI “agents” infiltrating external systems. OpenAI revealed last week that its tools had hacked “dozens” of external websites, including government sites.
The ChatGPT maker also scrapped plans on Monday to release its latest model next month, citing safety concerns.
Anthropic revenue rose to approximately $4.6 billion
Anthropic’s prospectus details the company’s financial performance and governance structure. The information was first reported by Reuters and confirmed to the Financial Times by people who had seen the filing.
Anthropic declined to comment.
The company told investors that it posted an operating loss of more than $8 billion last year as it increased spending on computing power. Revenue rose 12-fold to approximately $4.6 billion, but the cost of computing resources needed to train and operate its AI models also increased. Operating expenses reached nearly $13 billion.
Anthropic agreed to deals securing computing capacity from partners including Google, SpaceX and several smaller businesses.
The company’s revenue and expenses have both increased significantly this year. Revenue for the second quarter reached $11.5 billion, while operating profit is expected to rise for the second consecutive quarter on an adjusted basis.
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Source: arstechnica.com


