Business
Anthropic swings to loss as massive compute bill looms over IPO
Anthropic’s revenue jumped 47% to $17 billion (€15.1bn) last quarter, but the developer of the Claude AI models slipped back into an operating loss and revealed close to $900 billion (€804bn) in commitments, mostly for computing, numbers investors will weigh ahead of its Nasdaq listing.
Business
Anthropic revenue jumps 46% ahead of $2 trillion IPO bid
AI developer Anthropic grew its sales by about 46% to $16.8 billion (€15bn) last quarter and turned an adjusted profit, it told investors on Wednesday, weeks before a November stock market debut that could value it at up to $2 trillion (€1.79bn).
Tech News
Anthropic warns AI models will soon self-replicate on their own
The company says AI models may be mere months away from being able to copy and spread themselves onto internet-of-things devices such as smart ovens and TVs, making them difficult to stop should they decide to carry out cyberattacks.
Business
Anthropic IPO filing warns AI may pose 'existential risks to humanity'
Anthropic has devoted almost a third of its IPO prospectus to risk factors, warning that its AI may pose "existential risks to humanity", while the filing also reveals a $42 billion (€36.9bn) net loss last year and a heavy reliance on just two customers.
Explore news on Anthropic, an American artificial intelligence public benefit corporation headquartered in San Francisco, California, and its flagship product Claude.