Anthropic's IPO Filing Warns of 'Catastrophic' AI Risks, $518B Spend, $2T Valuation
The Verge AI · rss · 2026-09-29
A preview of Anthropic's IPO prospectus reviewed by Reuters discloses mounting losses, leadership proposals to retain power, and an explicit warning that its AI plans could "further increase the risk that our models cause harm." The company targets a $2 trillion valuation — more than double its $965B figure from four months ago — potentially overtaking SpaceX as the largest IPO ever, with plans to commit $518 billion to cloud, compute, and infrastructure obligations.
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