Anthropic has $15bn facility to use for letters of credit
AI · First reported 26 Oct, 16:41 · Updated 19:05

Anthropic disclosed a US$15 billion revolving credit facility that can be used for letters of credit. Its regulatory filing also reported rising revenue and a larger net loss for the first six months of 2026 compared with the same period in 2025.
- The facility, closed in September, makes up to US$15 billion available for letters of credit, compared with a US$400 million sub-limit in the previous facility.
- As of June, Anthropic had US$78 million in letters of credit outstanding and no drawn borrowings; the company said the facility supports working capital and general corporate purposes.
- Reported revenue reached US$16.3 billion at the end of June 2026, versus US$1.2 billion a year earlier; the net loss for the first six months of 2026 was US$80.7 billion, versus US$41.95 billion in the first half of 2025.
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