Newswatch

Anthropic flags risks to humanity ahead of blockbuster IPO

SAN FRANCISCO. Artificial intelligence company Anthropic has filed for what could be the largest initial public offering in history, even as its own prospectus and chief executive warn that advanced AI could pose grave risks to humanity.

Monday’s filing sets up a Wall Street debut next month, expected before the US Thanksgiving holiday, that could surpass the record $86 billion raised by SpaceX in June. Anthropic will trade on the Nasdaq under the ticker ANT.

The prospectus lays out risks from powerful AI, including misuse, security threats and outputs that “could be interpreted as coercive, deceptive, or manipulative”. It says the company’s models could exhibit self-preserving behaviours, including behaviour resembling blackmail, and warns that using AI to speed up its own research could let model capabilities outpace safety work. Chief executive Dario Amodei has argued publicly for slowing development of the most advanced models.

The numbers cut both ways. Revenue for the first half of 2026 was about $16.3 billion, with the June quarter up 1,368 per cent on a year earlier, yet the company posted a net loss of $80.7 billion for the half, largely from a rise in the fair value of bonds convertible into its shares. Some investors now value the company at about $1.5 trillion, down from roughly $2 trillion a week ago.

— LRTVS News Desk


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