Leaked IPO docs: Anthropic tempts investors with existential risk warning

After an unusual pitch to investors, Anthropic has laid bare its challenges in becoming anything like a profitable, normal business in its IPO prospectus that was leaked to the FT on Tuesday. Posing an “existential risk to humanity” was among the messages reportedly intended to allure investors, as if to say, “We could make you rich, but also you might not live spend it.” The Reg has long suspected the apocalyptic schtick which has become de rigueur among AI model builders is suspiciously self-serving. It focuses attention on the supposed power of their technologies while also encouraging regulation of the sector once their claimed-to-be-race-winning horses have bolted. Nonetheless, the Financial Times points out that a third of...

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