Abstract:
U.S. Senator Elizabeth Warren expressed "deep concern" about the risks disclosed in artificial intelligence giant Anthropic's initial public offering (IPO) filing this week and asked the company to answer a series of questions before going public, according to a copy of a letter.
The Democratic senator gave Anthropic until Nov. 3 to answer a four-page list of questions related to its initial public offering filing.
Details
The Democratic senator from Massachusetts said in a letter to Anthropic CEO Dario Amodei on Tuesday that the risks posed by the company's AI technology "need to be more rigorously scrutinized before it can establish close ties with public capital markets, otherwise it may further exacerbate public safety risks and systemic financial risks."
The letter contained a four-page list of questions, and Warren asked Anthropic to provide a "detailed response" by November 3 at the latest.
These questions include: how Anthropic will ensure that its technology does not pose an existential threat to humanity; details of the company's relationships with partners such as Amazon.com (Amazon.com), Broadcom and others; and how the company will justify its valuation, which could approach $2 trillion.
Background
According to previous reports, Anthropic is preparing for what could become the largest initial public offering in history, raising up to $100 billion.
The company's filing on Monday means it could go public as early as a week before Thanksgiving.
In the document aimed at attracting investors to participate in subscriptions, Anthropic said its technology has the potential to change the way people write code, conduct research and automate daily tasks, and may even help cure major diseases.
At the same time, the company also warned that artificial intelligence could lead to the development of new biological weapons and "destabilize the geopolitical order."
This is not the first time Warren has expressed concerns about the development of artificial intelligence, nor is it the first time she has expressed her opinions on a large IPO. However, given the strong investor demand for Anthropic shares, the letter is unlikely to have a significant impact on the company's plans to go public.
Warren met with Amodei in Washington earlier this year. She is one of the U.S. lawmakers who called on the artificial intelligence industry to slow down the research and development of advanced AI technology in order to establish a stricter regulatory system.
Before SpaceX went public in June this year, Warren had urged the U.S. Securities and Exchange Commission (SEC) to postpone the rocket manufacturer’s IPO, citing its overvaluation, corporate governance structure and recent adjustments to index compilation rules.
However, SpaceX eventually completed the listing as planned. ≈
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