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Business

Anthropic’s IPO filing lists existential risks, reports say

Reuters and the Financial Times say they have seen the unpublished prospectus. It shows revenue up twelvefold in 2025 and an operating loss of $8 billion.

Anthropic’s prospectus for its planned stock market listing warns that advanced AI could pose “catastrophic or existential risks to humanity”, Reuters reported on September 28 after reviewing the filing. It shows revenue of nearly $4.6 billion in 2025, twelve times the year before, and a net loss of $42 billion, most of it an accounting charge. Anthropic declined to comment.

Business

Blue Cross ties $942 million in extra hospital costs to AI

Its insurers say AI coding tools make patients look sicker on paper. Hospitals say their patients really are sicker.

The Blue Cross Blue Shield Association said on September 24 that hospitals billed more stays as medically complex from 2023 to 2025. It estimates that this added $942 million in costs for Blue plans, with no matching change in care, and links the rise to AI coding tools. The hospital industry calls such claims unproven.