Anthropic plans to go public within weeks under the proposed ticker ANT, with a valuation expected at about $2 trillion, according to its S-1 filing. Revenue grew from $41 million in 2023 to $4.6 billion in 2025 and reached $16.3 billion in the first six months of this year. Lacking its own computing infrastructure, Anthropic rents capacity from Amazon and Alphabet, with about $224 billion in cloud spending planned over the next decade, excluding $125 billion to $150 billion in future payments for Alphabet's TPU chips between 2028 and 2031. The article argues that Amazon and Alphabet also profit from customers who deploy Claude through AWS and Google Cloud, earning from both ends.
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AMZNAnthropiccloud computingIPOartificial intelligence
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AMZN
▲ Likely positiveAmazon
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Consumer Discretionary |
| Industry | Broadline Retail |
| Market cap | $2.7T |
| Close on 10/29/2026 | 244.23 |
| Change that session | -4.07% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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