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Anthropic moves forward with public share offering despite AI safety warnings and investor revenue doubts

Reported by Rohit Yadav (Staff Writer) · Google News - USA Business ·

✓ — also reported by Google News - UK Business

Anthropic moves forward with public share offering despite AI safety warnings and investor revenue doubtsRepresentative image · Pexels

UPDATE - follow-up to Investors warn Anthropic could struggle to sustain revenues post-IPO - Financial Times: Artificial intelligence firm Anthropic is pushing ahead with its initial public offering even as investors raise serious concerns about whether the company can keep its revenue high after going public. At the same time, the upcoming stock market debut is facing a slight delay, with the IPO now expected to happen a month later than initially planned. Despite these financial worries and the company's own warnings regarding AI safety, fresh business reports indicate that Anthropic is growing at a rapid pace. According to recent media figures, the firm is on track to reach an annualized revenue milestone exceeding 100 billion dollars by the year 2026.

Read more at Google News - USA Business