Anthropic set for $1.3tn stock market debut despite 'catastrophic' AI warning

Summary

Anthropic, the company behind the Claude chatbot, is set to list its shares on New York's Nasdaq under the symbol ANT on 19 November. The company says it will offer shares at $70 to $78 each and raise up to $64bn, valuing it at between $1.1tn and $1.3tn. The listing comes despite Anthropic's earlier warning that AI could pose catastrophic or existential risks to humanity.

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