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Source BBC News · Published · Open the original ↗

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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 has warned artificial intelligence (AI) could pose "catastrophic or existential risks to humanity" as it unveiled details of its planned blockbuster stock market listing in the US.

The firm's valuation is expected to exceed that of SpaceX, which was the biggest-ever listing at an initial valuation of about $1.8 trillion in the summer.

Anthropic has not yet disclosed the number of shares to be released, their price range, or a date for the listing.

The Claude chatbot developer reported $16.3bn (£12.2bn) of revenue in the first half of the year, with losses of more than $80.7bn.

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