Pentagon Drops Claude as Supply Chain Risk while Anthropic Seeks $2 Trillion IPO
Summary
The Pentagon has stopped using Anthropic's Claude after labeling the company a supply chain risk, ending use ahead of a planned August cutoff. Microsoft cut planned Anthropic spending from at least $1 billion by over a third, and Meta halved Claude Code seats to about 30,000. Anthropic nonetheless seeks a November IPO at a $2 trillion valuation, per its prospectus.
Key Points
- The Pentagon says it has ceased using Anthropic's Claude after designating the company a supply chain risk, following a February announcement it would stop by August.
- Microsoft cut its expected internal spending on Anthropic tools from at least $1 billion by more than a third, and Meta halved Claude Code seats from 60,000 to about 30,000.
- Anthropic targets an IPO as soon as the week of Nov. 9 at a $2 trillion valuation, despite losing $42 billion in 2025, per its prospectus.