The Download: Anthropic’s IPO, smarter power grids, and exercise pills

Summary

Anthropic has filed its IPO prospectus, a 335-page document with roughly 100 pages focused on risks. The filing reportedly warns of catastrophic AI risks, huge compute costs, safety failures and a month-long training pause, alongside soaring revenues and staggering losses. Anthropic's founders would retain voting control after the listing.

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