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Anthropic is heading toward an IPO, and its prospectus is making headlines for two very different reasons. The company is burning through tens of billions of dollars a year while growing at a remarkable pace — and buried in that same document is a formal warning that its own artificial intelligence could pose an existential risk to humanity. Investors, for now, appear largely unbothered.
On the subject of AI spending, Anthropic has also revealed plans to pour five hundred eighteen billion dollars into infrastructure over the coming years. That is a staggering number for a company still deep in the red, and it signals just how much the major labs believe the buildout phase is far from over. Pre-IPO derivatives on crypto exchanges barely moved on the news.
Meanwhile, OpenAI has quietly shelved what would have been its next major model release, citing safety concerns. Details remain thin, but the decision suggests the company is willing to delay rather than ship something it isn't confident in — a notable signal at a moment when the entire industry is under growing scrutiny over how carefully these systems are being evaluated before they reach the public.
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