Anthropic recorded net loss of over $80 billion in first half of this year, WSJ reports

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.