Anthropic's IPO is risky business

Anthropic's much-anticipated initial public offering is giving potential investors some perspective on the risky business of artificial intelligence. More than 90 pages of Anthropic's IPO prospectus , revealed Monday, center on the AI lab's multitude of corporate risk factors, many of which go beyond the kinds of boilerplate scenarios typically found in corporate filings. From the end of humanity to the company's current clash with the Trump administration, Anthropic's IPO document underscores how one of the most well-capitalized startups in history foresees the future of its operations. The Claude maker's risks include a laundry list of ways its models can cause harm, including potentially "catastrophic or existential risks to humanity.