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Anthropic Files IPO Prospectus: Warns AI Could Pose 'Extinction-Level Risk,' Plans $518 Billion Splurge
Anthropic has filed an S-1 with the US SEC, disclosing nearly $4.6 billion in 2025 revenue and a $42 billion net loss, alongside plans to spend $518 billion on compute over the coming years. Meanwhile the prospectus unusually warns that the advanced AI it develops could bring 'catastrophic or even existential risk' to humanity.