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Mon, 26 Oct 2026

Mon, 26 Oct 2026 Anthropic warns of 'catastrophic risk' to humankind ahead of blockbuster share listing

The company will be the first true artificial intelligence company to go public as tech firms continue to invest heavily in AI.

* Anthropic, a developer of AI chatbots, has warned that its technology could pose "catastrophic or existential risks" to humanity.
* The company's valuation is expected to exceed $1.8 trillion and it will be listed on the Nasdaq under the symbol ANT.
* In its filing with regulators, Anthropic reported $16.3bn in revenue but losses of over $80.7bn in the first half of the year.
* The company has not yet disclosed the number of shares to be released or their price range.
* Anthropic's rival, OpenAI, is expected to go public early next year and a person familiar with its plans says it will list on the Nasdaq under the symbol OA.
* There have been concerns about the potential risks of AI technology, including misuse, replication, and weaponization.
* Current and former staff of both companies have warned that AI is being developed without adequate safeguards to protect humanity from possible harms enacted by AI tools.
* Anthropic has promised to develop AI in a way that benefits people while warning investors of its dangers.
* The company's success depends largely on its ability to develop the most advanced AI models and it has set out potential threats to its ability to safely and competitively develop AI.