Anthropic files for potentially biggest IPO ever despite CEO's AI risk warning

SAN FRANCISCO - AI powerhouse Anthropic submitted paperwork on Monday for what could potentially be the largest ever initial public offering (IPO), as its chief executive officer expressed concerns over the potential existential risk advanced AI could pose to humanity. The filing puts Anthropic on track for a Wall Street debut next month, which could surpass the SpaceX IPO raised in June, amounting to a record-breaking $86 billion.

This would also set Anthropic ahead of OpenAI in going public, marking a pair of highly anticipated stock debuts for the leading AI companies. The filing comes in the wake of CEO Dario Amodei's essay advocating for a deceleration in the development of the most sophisticated AI models. An IPO might endow Anthropic with substantial funds to further expand its operations.

While the exact amount to be raised and the final valuation and offering price are yet to be determined, even a conservative estimate would transform the five-year-old firm into one of the world's most prosperous enterprises, potentially augmenting the wealth of Amodei and his sister and co-founder, Daniela, significantly.