Anthropic lost 8 billion last year and said its AI could destroy humanity

Anthropic's draft IPO prospectus has now started circulating in the media (after its confidential June SEC filing) and revealed some significant risks, Reuters reported. The first of those is fiscal, as the company reported an operating loss of 8 billion last year (on a 42 billion net loss), despite a 12-fold revenue increase from the year before to 4.6 billion. The other is a veritable first for a company prospectus, with Anthropic stating that its AI tech may pose "existential risks to humanity." Despite an estimated 2 trillion valuation ahead of its IPO, Anthropic hasn't been a money-spinning operation so far. The company plans to spend 518 billion on data center infrastructure over the coming years despite its meager 2025 revenue.