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The Economic Times
The Economic Times
National

Anthropic's rapid growth comes with an $80 billion loss and growing concerns about AI risks

Anthropic is looking ahead to a possible IPO that could potentially be one of the largest in history, but the AI company is presented with a challenging question as it heads towards Wall Street about how a company with an unprecedented growth rate should deal with the financial and safety challenges of creating more advanced AI technology. The US-based company behind the Claude chatbot announced its intention to go for an initial public offering (IPO) with the Securities and Exchange Commission on Monday, CNN reported.

This document did not provide any information about the number of shares Anthropic would want to offer or how much money it will cost the investor to acquire it. Nevertheless, according to reports cited by CNN, Anthropic could have a value of up to $2 trillion.

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