Key facts
- Anthropic is reportedly seeking $100 billion for its IPO.
- Meta plans to raise up to $97.5 billion through equity offerings.
- Anthropic's net loss widened to $80.7 billion in the first half of 2026.
- AI stocks accounted for nearly 75% of the S&P 500's return in the first half of 2026.
The significant funding ambitions of major AI players are being scrutinized by Wall Street, as investors weigh the costs of the AI buildout against potential future returns. Anthropic has filed for an IPO reportedly valued at $100 billion, while Meta plans to raise up to $97.5 billion through equity offerings. Microsoft and Alphabet are also expected to provide updates on their fundraising plans when they report earnings. The market's reaction has become more cautious, with Meta's shares falling over 11% after its announcement and Anthropic facing questions about its mounting losses despite soaring revenue. Smaller, heavily indebted firms like CoreWeave are experiencing increased borrowing costs.