- Anthropic reported a net loss exceeding $80 billion in first half of this year
- The loss rose from $13 billion in the same period last year
- $72 billion of the loss was due to accounting charges
AI startup Anthropic recorded a net loss of more than $80 billion in the first half of this year, the Wall Street Journal reported on Tuesday, citing a draft initial public offering prospectus.
That compares to a net loss of $13 billion during the same period a year earlier, according to the report.
The vast majority of that loss, $72 billion, resulted from accounting charges tied to changes in the value of convertible notes and other instruments the company issued to raise funding, the Journal report said.
Anthropic did not immediately respond to a Reuters request for comment.
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
Track Latest News Live on NDTV.com and get news updates from India and around the world
