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The A.I. company took great pains to describe the many benefits that can come from using its Claude chatbot and technology, but also offered up a heavy dose of gloom.

Anthropic expanded its support for the nonprofit sector Monday, even as the artificial intelligence company filed to sell shares to the public for the first time. The maker of the AI assistant Claude said the moves are all part of its broader strategy for "compounding good."

Anthropic’s IPO filing details spending on personal security services for its top executives and the portion of its revenue attributable to customers who misuse its services.

The frontier lab’s filing reveals $417 billion in future compute and infrastructure leases.

Anthropic has filed for an IPO as questions linger about AI security and competition for market dominance. Karishma Vanjani, a markets reporter at Barron's, joins CBS News with more.

Some of the leading artificial intelligence companies are moving toward initial public offerings at eye-popping valuations. Anthropic and OpenAI are looking to go public to access more capital in the race to shape the technology's future.

The company, known for its Claude chatbot, said it plans to list on the Nasdaq exchange under the stock ticker “ANT,” according to an S-1 filing with the Securities and Exchange Commission. Anthropic had submitted paperwork confidentially in June, allowing the SEC to review its finances before the public announcement.

SAN FRANCISCO (AP) — Artificial intelligence giant Anthropic filed papers Monday for what could be the biggest initial public offering of stock ever even as its top executive warns that advanced AI could pose an existential threat to humanity. The filing sets up the San Francisco company for a Wall Street debut next month, potentially [...]

Anthropic's IPO filing includes an extensive list of extreme warnings — including the chance its own technology could put humanity at risk. Why it matters: These are the wildest IPO risk factors in history, a jarring collision of Wall Street legalese and what some see as Silicon Valley sci-fi, including catastrophic threats to humanity, blackmailing AI models, and $750 billion in computing commitments. Driving the news: Anthropic's prospectus includes over 90 pages of risk factors, which make up about a third of the paperwork overall. Among the most eye-popping, the company warns: 💥 AI could post "catastrophic or existential risks to humanity," and could try to manipulate humans; 🔎 Models are becoming harder to monitor as they're getting better at circumventing oversight, and the pace of autonomous work alone could exceed the ability of human reviewers to monitor actions; 💰 AI models generally, including its own, have exhibited behavior resembling blackmail, including attempts to resist being shut down. Zoom in: Anthropic also disclosed that four of its models gained unauthorized access to real third-party systems during cybersecurity evaluations. In one incident, a model used a discovered password to gain administrator access, collected additional credentials, changed system settings and accessed an individual's personal information. Anthropic said it found no evidence that the models pursued goals beyond their assigned tasks or attempted to evade oversight. The big picture: Every company has to lay out risks for their investors to consider when they go public. But Anthropic is the first in modern history to go to such existential extremes. Friction point: The company also acknowledged that its success depends in large part on its ability to develop the best frontier intelligence. It admits that could butt up against safety practices, adding that model capabilities may then "advance more rapidly than our ability to develop, validate, and implement" corresponding safety measures. That underscores a fundamental tension critics have warned about: As Anthropic scales and faces pressure from public market investors to build better models than its competitors, its commercial ambitions could increasingly clash with its safety commitments. By the numbers: The risk factors also include the more typical financial cautions. Anthropic has committed hundreds of billions of dollars to cloud computing and equipment leases, even as customers can reduce their usage relatively quickly. Some agreements require minimum payments regardless of demand, and the company warns that failing to meet certain obligations could trigger defaults elsewhere, potentially accelerating debt repayments and jeopardizing access to computing infrastructure. Anthropic also acknowledges that it previously underestimated its compute needs. But overestimating future demand could leave it paying for expensive, underutilized infrastructure. The bottom line: Anthropic's IPO paperwork is an unusually candid warning about the risks of building a business around technology that its creator acknowledges may become increasingly difficult to control.

The maker of Claude is on the verge of what could be the largest ever public listing, in a test of the A.I. industry amid questions about whether the boom can be sustained.

Anthropic publicly filed for an initial public offering (IPO) on Monday morning in what is expected to be a historic stock market debut. The S-1 filing with the Securities and Exchange Commission (SEC) brings the Claude-maker a step closer to becoming the first large frontier AI lab to go public. It is expected to be...

Anthropic, which developed the Claude chatbot, is barreling ahead with its public offering despite mounting concerns about AI going rogue.

Anthropic, the company behind chatbot Claude, has been among the leaders in AI development.

Artificial intelligence startup Anthropic unveils its first public IPO filing ahead of what is expected to be one of the largest stock debuts in history.