The AI giant's new filing calls the promise a "revocable," nonbinding "expression" that depends on market conditions. Dario Amodei, co-founder and CEO of Anthropic, speaks at the Viva Technology conference in Paris, France, May 22, 2024. Get your news from a source that's not owned and controlled by oligarchs. The AI giant Anthropic disclosed its initial public offering filing with the SEC on Monday in what is expected to become one of the largest stock debuts in history. The offering is set to take place around the middle of November.

The company has been masterful at storytelling for years. Will the IPO reveal the company behind the mask or lean deeper into the myth-making? After weeks of frenzied speculation, Anthropic has filed its IPO prospectus. The 335-page document (100 pages or so are focused on risks) lays out the company's unique view of the technology it is building and the ways it believes it will change the world. It also warns that there's a fair chance that its tech could "erode trust, harm society and destabilize the geopolitical order" and, if things don't go to plan, "pose catastrophic or existential risks to humanity." "We encourage you, as a prospective owner of our stock, not to think of your purchase in purely transactional terms," the company writes.

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Anthropic's blockbuster share listing - 5 surprising things we now know Image caption, Anthropic CEO Dario Amodei has become a key figure in the current AI era. Artificial intelligence (AI) firm Anthropic just released the required paperwork ahead of its long-anticipated debut on the US stock market. The 335-page document included fresh details of how the Claude chatbot owner makes money, what it spends that money on and who it is controlled by. Anthropic also detailed the risks posed by its technology, including how it could take human lives. That information sat alongside the many purported benefits of the technology.

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A former personal assistant of Russell Brand has told a court she was instructed to get phone numbers for the entertainer from female fans when she first started working with him. Helen Berger, who worked closely with Brand from June 2006 to February 2007, said the request felt uncomfortable and, after seeking advice, she told the TV personality that she would not do that anymore. Brand, 51, is accused of three counts of rape, three counts of sexual assault, and one charge of indecent assault. The allegations, made by six female complainants, span a 10-year period between 1999 and 2009. Brand had an insane sexual appetite, Berger told Southwark Crown Court in a written statement on Monday.

In a legal case filed on Friday, Authentic Brands Group - which owns the music - accused Anthropic of using 274 Elvis songs without paying for any licence. The Elvis Plaintiffs' iconic collective catalog contains some of the most groundbreaking, revolutionary, influential, and enduring musical compositions in human history, the case states. A spokesperson for Anthropic told BBC News: We disagree with the claims and intend to defend this case fully. The Elvis Plaintiffs are deeply protective of these iconic songs. It argues that songs that were infringed include hits such as All Shook Up, Can't Help Falling in Love, A Little Less Conversation, Don't Be Cruel and Return To Sender.

Artificial intelligence (AI) firm Anthropic has revealed details of its business ahead of its plans to sell shares to the public in what will likely be the largest stock market debut in history. The company behind AI chatbot Claude revealed losses of more than $80.7bn (£60.5bn) in the first half of the year. It said it generated revenue of $16.3bn over the same period. The number of shares to be released and their price range is yet to be determined. Anthropic's valuation when it goes public has been expected to exceed that of SpaceX, which this summer was the biggest-ever stock listing at an initial valuation of about $1.8 trillion.

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The owners of Elvis Presley's music just sued Anthropic for 41 million, claiming the AI company trained its models on 274 Elvis songs without permission, The New York Times reported. That amount for a single artist who died nearly 50 years ago shows how expensive alleged musical plagiarism can be for AI companies. Stakeholders in Elvis Presley's back catalog include Authentic Brands Group, Raleigh Music Publishing, multiple trusts and at least one individual. Those include hits like Don't Be Cruel, Can't Help Falling in Love and A Little Less Conversation, according to the lawsuit filed on October 23rd. "The Elvis Plaintiffs' iconic collective catalog contains some of the most influential and enduring musical compositions in human history."