Oura delays IPO amid market uncertainty as anthropic's financials highlight AI industry's high costs

Smart ring maker Oura has postponed its IPO, citing market uncertainty, despite strong demand for its shares. Originally planned to price its offering at $40 to $44 per share, the company had aimed to raise up to $2.2 billion. CEO Tom Hale noted the company has "the luxury of choosing our moment." Meanwhile, Anthropic’s IPO prospectus, leaked by Reuters, revealed its financials, including a twelvefold revenue increase to nearly $4.6 billion in 2025, alongside an operating loss of $8.06 billion and a net loss of nearly $42 billion, largely due to accounting charges. The document also outlined $518 billion in future obligations. Anthropic aims to list before October 2026, potentially raising up to $100 billion, while OpenAI is reportedly targeting early 2027. Other 2026 IPO candidates include Nscale, Switch, and Fidelis Partnership.