Anthropic files to go public, showing US$16.3 billion of revenue in six months

The Daily Savannah · Tuesday, 27 October 2026 · 5 stories

Anthropic, the maker of Claude, files to list on Nasdaq and shows its accounts for the first time, the government sets out 44,000km of new fibre, KRA will stop clearing imports without Kenyan marine insurance from Sunday, Peter Ndegwa says M-PESA's next phase is saving, investing and insurance, and Microsoft offers 60,000 staff a paid exit, though not in Nairobi.

Featured · AI

Anthropic files to go public, showing US$16.3 billion of revenue in six months

Anthropic, the company behind the Claude AI models, filed on Monday to list its shares on Nasdaq under the ticker ANT, publishing its accounts for the first time. Revenue in the first half of 2026 was US$16.3 billion, up from US$1.2 billion a year earlier, and the operating loss narrowed to about US$690 million from US$2.1 billion. The headline net loss was more than US$80 billion, but most of that, over US$72 billion, is a non-cash accounting charge tied to convertible notes, derivatives and SAFE agreements; just under US$9 billion went on computing power. It counts more than 14,000 business customers, about 250 of them spending more than US$10 million a year. The filing also shows how tightly control is held: a company owned by the seven co-founders keeps 50.1% of the votes however many shares are sold, a Long-Term Benefit Trust set up in 2023 will appoint most of the board, and 5% of the shares, without votes, go to an Anthropic Public Benefit Fund. The risk section runs to 93 pages and warns that the company "may not achieve or sustain profitability" and that its technology could pose "catastrophic or existential risks to humanity". Share price and the size of the sale have not been set; Anthropic was last valued at US$965 billion in May, reports put the listing at US$1.5 trillion to US$2 trillion, and trading could start in November. For Kenyan developers and businesses building on Claude, nothing changes for now: a listing by itself does not change prices or terms, but it does mean the company's revenue, costs and risks will be public every quarter. Last week's lead, a criminal gang using Claude and other models to attack Latin American banks, is the kind of misuse the risk section describes.

Sources: Techweez · Seoul Economic Daily

Share prices on a trading screen; a stock image, not Nasdaq

INFRASTRUCTURE

The government sets out 44,000km of new fibre, with KES 13 billion of public money

The government's plan has two parts: 17,000km of government-led fibre to connect schools, health facilities and public offices, and 27,000km of backbone, middle-mile and cross-border cable built with government support. It puts KES 13 billion of public money behind it, as part of the Digital Superhighway's target of 100,000km by 2030. No completion date was given, nor who will build it, and estimates of how much fibre Kenya already has range from 37,000km to 40,000km depending on the document.

Techweez

GOVERNMENT

From Sunday, KRA will hold imports that lack Kenyan marine insurance

From 1 November, KRA will not clear any consignment unless it has a digital marine cargo insurance certificate from an insurer licensed by the Insurance Regulatory Authority, processed through the Digital MCI system and visible in KRA's iCMS. The rule to insure imports locally has been law since 2017, but KRA kept clearing goods insured abroad, and an earlier attempt to enforce it in February 2025 stalled over platform problems. Importers whose suppliers arrange cover overseas should buy local cover before lodging the declaration, and clearing agents should expect the extra work to land with them.

Techweez

FINTECH

Peter Ndegwa says M-PESA's next phase is saving, investing and insurance

In a television interview, Safaricom's chief executive said M-PESA should become a place to pay, save, invest and insure, with banks and insurers as "competitors, but they're also partners", and that AI will be used to fight fraud and personalise My OneApp. He put M-PESA at about 150 million transactions a day; Safaricom's last annual figure was about 127 million. Savings and investment products held KES 21 billion for 2.2 million customers in March, up from 600,000 a year before. No new product was announced. Separately, Safaricom's sustainability report estimates M-PESA created KES 478 billion of social value last year, without publishing its method.

Tech-ish · Capital FM

CAREERS

Microsoft offers about 60,000 staff a paid exit, but not in Kenya

Microsoft has offered a voluntary exit, on its standard severance terms, to about 60,000 employees in the US, Canada, the UK and India, more than a quarter of its staff, in teams whose leaders opted in. They have until early December to decide. Kenya is not included: staff at the Africa Development Centre in Nairobi were told on 12 October that their jobs are ending and received redundancy notices instead. Under the Employment Act, that means at least a month's notice or pay, pay for untaken leave and 15 days' pay for each full year worked; anything more is up to Microsoft. Our jobs board lists openings at companies hiring in Kenya and remotely.

Tech-ish

US$16.3bnAnthropic's revenue, January to June 2026

50.1%of votes kept by Anthropic's founders after listing

44,000kmof new fibre in the government's plan

1 NovKRA starts holding imports without local marine cover

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