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NYC Pension Chief Demands Anthropic Pause $2 Trillion IPO Over AI Safety

NYC Pension Chief Demands Anthropic Pause $2 Trillion IPO Over AI Safety

Photo: Hoodline

New York City's chief fiscal watchdog is telling one of the world's most valuable startups to slow down before it goes public. Comptroller Mark Levine sent a letter to Anthropic CEO Dario Amodei this month demanding the company postpone its planned November initial public offering until it resolves pressing concerns about AI safety, governance, and the pace of its own development. Levine's push went beyond a formal letter. He also sat for a broadcast interview, as reported by CNBC, where he reiterated his call for Anthropic to pause the listing until it can demonstrate more caution and transparency. Finimize also described Levine's letter calling for the IPO to be paused until the company addresses concerns about safety and governance. Levine is not a random critic shouting from the sidelines.

Also reported by Reuters, Bloomberg.com.

First reported by Hoodline. This page is a short excerpt; the full text is theirs.

Read the full story at Hoodline

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