Tech companies have been heavily investing in costly AI infrastructure and tools, like data centres and the informational models that underly all AI technology, pouring more than $1tn into the efforts over the last year alone.
Artificial intelligence (AI) firm Anthropic has revealed details of its business ahead of its plans to sell shares to the public in what will likely be the largest stock market debut in history.
Current and former staff of both companies also gained public attention with new warnings that AI technology was being developed without the ability to protect the whole of humanity from possible future harms enacted by AI tools.
In Anthropic's new documents, it reiterated promises it has made in the past to develop AI in a way that is beneficial to people, while at the same time warning investors of its dangers.
The company will be the first true artificial intelligence company to go public as tech firms continue to invest heavily in AI.
After the companies had decided on such plans, a wave of cyber-security and other types of technological breaches occurred involving their AI agents, or AI bots that are designed to operate somewhat autonomously.
AI giant Anthropic woos potential investors ahead of stock market debut This news story is being updated and more details will be published shortly.
That listing is now expected to occur early next year, according to a person familiar with OpenAI's plans.
Its most significant rival, OpenAI, quickly followed suit, saying it, too, intended to go public.
Anthropic's valuation when it goes public has been expected to exceed that of SpaceX, which this summer was the biggest-ever stock listing at an initial valuation of about $1.8 trillion.