Anthropic’s huge IPO warns of ‘catastrophic’ AI risk as China’s bubble pops

Anthropic has outlined the risks to its business in its $2 trillion IPO filing AI may ‘pose catastrophic or existential risks to humanity,’ the firm warns China’s AI bubble has reportedly burst, with $480 billion wiped out As AI firm Anthropic gears up for an enormous $2 trillion initial public offering (IPO) that could be the largest in stock market history, the company's prospectus has just warned that AI could “pose catastrophic or existential risks to humanity.” Yet there might be a very different kind of danger on the horizon, as an early warning from China hints that its AI bubble might be about to burst. In papers filed with the US Securities and Exchange Commission (SEC), Anthropic outlined some of the risks facing the company and its investors.

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