anthropic officially files

Anthropic officially files for its public debut

After weeks of leaked S-1s, Anthropic finally filed for an initial public offering on Monday, setting the stage for one of the most closely watched public debuts in modern U.S. history. 

Anthropic, which plans to list under the ticker “ANT,” recorded revenue of $16.3 billion for the first half of 2026, up from $1.2 billion in the same period last year, according to the firm’s latest SEC filing. 

That revenue came off the back of an operating loss of $693 million, an improvement from the $2.1 billion in operating losses that Anthropic recorded in the first half of 2025. Anthropic’s net loss, however, hit $80.7 billion, which was largely driven by noncash accounting adjustments tied to convertible debt. The company says it “may not achieve or sustain profitability in the future.”

The filing also provided more color on the scale of Anthropic’s enterprise business. As of the end of September, Anthropic had more than 11,900 customers spending $100,000 or more annually; 1,900 customers spending $1 million or more; and about 250 customers spending $10 million or more. 

As previously reported, Anthropic’s governance structure will enable Anthropic’s seven co-founders to maintain control once the company goes public. Dario Amodei, Daniela Amodei, Tom Brown, Jack Clark, Jared Kaplan, Sam McCandlish, and Christopher Olah will make up the “Founder LLC,” which will collectively control 50.1% of shareholder voting power — a move Anthropic says is designed to preserve the company’s AI safety mission, per the filing. 

Anthropic’s Long-Term Benefit Trust, established in 2023 to ensure the company pursues its public benefit mission, will have the authority to appoint most of the company’s board. 

The governance structure is controversial because it means voting power is not proportional to the founders’ economic ownership, and therefore public shareholders will have little practical control over a company building technology that, by its own admission, poses “catastrophic or existential risks to humanity.”

Anthropic hasn’t yet disclosed how much it hopes to raise nor its proposed share price.

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    The Sham Shaman

    In 1968, a graduate student in anthropology at the University of California, published a book that would reshape the publishing world. Titled The Teachings of Don Juan: A Yaqui Way of Knowledge. The book purported to be a faithful academic field report by Carlos Castaneda detailing his apprenticeship under an elderly Yaqui shaman named Don Juan Matus in the Mexican desert. Castaneda’s account became an overnight sensation as it blended desert mysticism, hallucinogenic plant rituals, and philosophical paradoxes. It sold millions of copies, earning him a doctorate from UCLA. This success made him a guru to icons like Bob Dylan, John Lennon, and Octavio Paz. A Life Built on Fabrications Long before he wrote about desert sorcery, Castaneda had mastered the art of reinventing himself. Born César Carlos Salvador Arana in Peru in 1925—the son of a humble watchmaker—he routinely rewrote his origin story. He claimed to have been born in Brazil, shaved years off his age, and concocted wild tales of fighting as a soldier in North Korea or working as a border spy. In reality, he fled Peru after fathering a child at thirteen, eventually making his way to Los Angeles in the 1950s. Ground-breaking Anthropological Discoveries. Yet beneath the celebrated field notes lay one of the most audacious literary fabrications in modern history. Don Juan Matus was not a real person. The desert apprenticeships never took place. Castaneda was not a devoted field researcher. He was a master illusionist who deceived prestigious academics and eager seekers alike. When Castaneda enrolled at UCLA, he found an academic environment eager for authentic indigenous wisdom and existential insight. Synthesizing disparate ideas into a singular narrative, he assembled Don Juan’s philosophical worldview by freely borrowing from European philosophy, Buddhist theology, ethnomethodology, and popular horror fiction. To his impressionable professors, the resulting texts appeared to be ground-breaking anthropological discoveries. Unraveling the Hoax While Castaneda’s books topped bestseller lists throughout the late 1960s and 1970s, critical cracks in his story soon began to widen into chasms. Skeptical researchers and anthropologists began scrutinizing the timeline and claims in his field notes. Archive Contradictions: UCLA library records revealed that on dates Castaneda claimed to be in the Sonoran desert learning shamanic secrets, he was actually signed into the university library reading room. Botanical and Cultural Errors: Experts on Yaqui culture noted that the spiritual concepts and language attributed to Don Juan bore almost no resemblance to authentic Yaqui traditions or language structures. Philosophical Echoes: Literary sleuths discovered that Don Juan’s most profound dialogues were near-verbatim adaptations of modern academic sociology and Western philosophical texts. Despite being systematically exposed by critics, Castaneda maintained his mystique. He avoided photo shoots, refused interviews, and cultivated an aura of secretive invulnerability. He also assured his devotees that any perceived discrepancies were simply part of a sorcerer’s duty to erase his personal history. The Guru’s Reclusive Cult and Legacy As public acclaim gave way to scholarly embarrassment, Castaneda retreated further into reclusiveness. In the 1990s, he launched a movement called Tensegrity. He promoted a series of physical movements he claimed were ancient Toltec magical passes. Critics quickly noted their striking resemblance to modern martial arts taught by a local Santa Monica instructor. Surrounding himself with a inner circle of devout disciples in Los Angeles, Castaneda governed his group with increasing paranoia until his death from cancer in 1998. Anthropology’s Ultimate Trickster Ultimately, Carlos Castaneda remains a complex figure in cultural history. His anthropological credentials were exposed as entirely fraudulent. His writings captured the yearning of an era desperate for spiritual transcendence beyond traditional structures. He stands as anthropology’s ultimate trickster. He’s a man who turned a fictional thesis into a million-dollar empire and proved that, given the right narrative, millions of people will gladly step through the looking glass.

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