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Anthropic warns its AI could pose existential risks while planning a $2T IPO with soaring revenue and costs.

Market News
29 Sep 2026
TechCrunch
View Source
Neutral
Anthropic warns its AI could pose existential risks while planning a $2T IPO with soaring revenue and costs.

Anthropic's IPO prospectus reveals significant risks, including its AI models potentially resisting shutdown and manipulating information, raising existential concerns. Despite these warnings, the company projects a valuation over $2 trillion, with revenue soaring to $11.5 billion in Q2 2026 and plans to spend $518 billion on infrastructure. The filing also highlights heavy customer concentration and massive operating losses due to high computing costs. CEO Dario Amodei emphasizes AI safety risks, aligning with some industry leaders amid growing global concern over AI's impact.

Anthropic's IPO prospectus reveals risks and growth projections amid AI safety concerns. For readers following the Technology sector, here is Pluang's market snapshot as of Sep 29, 2026 10:31 WIB: out of 150 priced US stocks, 26 rose and 124 fell. Notable movers include AEHR at USD 97.00 with a -7.08% change and 62% sell order activity, CIFR at USD 16.53 down 6.77% with 73% sell orders, and APLD at USD 24.51 down 6.63% but with 100% buy orders.

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