Tech article

Anthropic’s prospectus details losses, growth, and, yes, a warning that its AI could end humanity

Publisher description: In its prospectus, Anthropic just told investors it's losing tens of billions of dollars a year, but also growing like crazy, and — oh yeah — its own AI might pose an existential risk to humanity.

TechCrunch | Sep 29, 2026 | Connie Loizos

Automated excerpt

Anthropic devoted nearly a third of its hotly anticipated IPO prospectus to risk factors, according to the Financial Times, which says it has reviewed the filing in recent days. Reuters was first to report on the financial details within the prospectus on Monday, saying Anthropic recorded an operating loss of more than $8 billion in 2025 as spending on computing power surged, and that its revenue jumped twelvefold to nearly $4. 6 billion, though rising infrastructure costs last year pushed total operating expenses to almost $13 billion.

Selected automatically from source text; not independently written or fact-checked. Read the original for full context.

Read the original article

More tech news