$ANT Pre-IPONasdaq Global SelectS-1 filed Oct 26Expected: Mid-November 2026 (reported)H1 2026 revenue $16.3BQ3 2026 revenue $16.8BH1 2026 net loss $80.7BCash & equivalents $112.4BHaiku 5.5 $0.10/M inOpus 5.5 $4/M in
The Big Ant

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Company · How Anthropic is organized

Divisions

Anthropic's main organizations and who leads them, plus the subsidiaries, affiliates and offices around them.

Core organizations

9

Research

Kaplan · Olah · McCandlish · Leike

Spans pretraining, alignment science and interpretability. The S-1 says model research and inference engineering share planning cycles, reporting lines and targets.

Source: S-1 prospectus

Product

Ami Vora

Owns Claude.ai, Claude Code, Claude Cowork (which is merging into Claude.ai), Claude Security and industry editions for finance, healthcare, life sciences, legal, education and government.

Source: S-1 prospectus

Engineering

Rahul Patil

Covers inference, product engineering, infrastructure and security engineering.

Source: Anthropic leadership

Compute

Tom Brown

Secures and scales capacity across four chip platforms: AWS Trainium, Google TPUs, NVIDIA GPUs and AMD GPUs. Capacity is managed as one shared pool.

Source: S-1 prospectus

Labs

Since Jan 2026

Mike Krieger & Ben Mann

An incubator for experimental products at the edge of Claude's capabilities, expanded in January 2026.

Source: Anthropic

The Anthropic Institute

Since Mar 2026

Jack Clark

Combines the Frontier Red Team, Societal Impacts and Economic Research teams. New work includes forecasting AI progress and AI and the law.

Source: Anthropic

Applied AI & go-to-market

Paul Smith

Applied AI teams design custom deployments for large customers. Direct sales teams build on existing adoption inside companies.

Source: S-1 prospectus

Global Affairs & Policy

Tino Cuéllar

Handles policy, international engagement and government relationships.

Source: Anthropic leadership

Legal, Integrity & Compliance

Brian Israel

Covers legal and compliance work, plus integrity work such as usage policy enforcement.

Source: Anthropic leadership

Subsidiaries, affiliates and programs

6

Anthropic Public Benefit Fund, LLC

5% of shares

Wholly owned subsidiary

Received Class N shares equal to 5% of fully diluted shares, dedicated to the company's public-benefit purpose. The board may add up to 2% more each time the share price rises 50% past the last milestone.

Source: S-1 prospectus

Ode with Anthropic

AI services affiliate

An AI services company launched with private equity firms to build Claude solutions for mid-sized companies. It works with Anthropic's Applied AI teams.

Source: S-1 prospectus

Claude Partner Network

$100M commitment

Partner program

Covers training, certification and joint go-to-market. By September 30, 2026, more than 150,000 practitioners at over 4,000 organizations were certified.

Source: S-1 prospectus

Claude Frontier Academy

$100M commitment

Training program

Trains customer and partner engineers to deploy Claude in production, with a goal of 10,000 engineers by the end of 2027.

Source: S-1 prospectus

Project Glasswing

Since Apr 2026

Gated model access

The program through which Claude Mythos Preview, and later Mythos 5, reached selected organizations for cybersecurity work.

Source: S-1 prospectus

Economic Futures Program

Research grants

Funds research, policy work and data infrastructure on AI's economic effects. It has expanded to the UK and Europe.

Source: Anthropic

Where Anthropic operates

6

San Francisco

Headquarters

Headquarters, with international offices across Europe and Asia-Pacific.

Source: S-1 prospectus

Paris & Munich

Europe

New offices expanding Anthropic's European presence.

Source: Anthropic

Seoul

Asia-Pacific office #3

Opened as Anthropic's third Asia-Pacific office.

Source: Anthropic

Sydney

Asia-Pacific office #4

Opened with Theo Hourmouzis as general manager for Australia and New Zealand.

Source: Anthropic

Singapore

Oct 2026

Asia-Pacific office #5

Opened in October 2026.

Source: Anthropic

Data centers

US · Australia · Canada

Leases US data centers and has capacity leases in Australia and Canada. More countries are being evaluated.

Source: S-1 prospectus

Compiled from Anthropic's Form S-1 (filed Oct 26, 2026), Anthropic's own pages and the publications linked on each entry. The registration statement is not yet effective and figures may change. Not investment advice.

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