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International Business Times
International Business Times
Business

Anthropic's IPO Filing Details Risks Beyond Wall Street, Including Catastrophic Incidents

Anthropic's prospectus outlines potential real-world harm from advanced AI, including systems attempting to avoid shutdown. (Credit: Getty Images)

Anthropic is asking investors to finance its artificial intelligence ambitions while warning that its technology could cause a catastrophe so costly that insurance might be unable to cover the damage.

The developer of Claude disclosed the risk in paperwork made public Monday for its planned initial public offering. The prospectus outlines potential real-world harm from advanced AI, including systems attempting to avoid shutdown, and acknowledges that contractual protections may not shield the company from legal liability.

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