Anthropic warns of ‘catastrophic’ AI risks in its own IPO filing

Anthropic's IPO filing reportedly details mounting losses and potential "catastrophic" AI risks, even as the company eyes a $2 trillion valuation. The AI startup plans to spend $518 billion on cloud, computing, and infrastructure, betting on AI's essential role in the global economy. Despite a 12-fold revenue increase to nearly $4.6 billion in 2025, Anthropic reported a net loss of $42 billion and lost over $8 billion through business operations in the same year.

Unlike other AI companies, Anthropic's IPO filing uniquely details both its financial losses and the potential "catastrophic" risks of its own AI models.