Anthropic has warned artificial intelligence could pose "catastrophic or existential risks to humanity" as it unveiled details of its planned blockbuster stock market listing in the US.
The company behind AI chatbot Claude revealed losses of more than $80.7bn (£60.5bn) in the first half of the year, but said it had $112.4bn in cash or equivalents, and generated revenues of $16.3bn over the same period.
The number of shares to be released, their price range, and a date for the listing have not been disclosed.
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.
In a filing ahead of its listing, Anthropic said concerns had been raised by policymakers, regulators and researchers as well as by people within its organisation that AI systems posed a significant risk to humanity.