FirstFT: Anthropic IPO filing warns of ‘existential risks’

Also in today’s newsletter: oil-bonds link and EU budget

The top 3

Anthropic IPO Filing: Assessing Existential Risks: Anthropic's preliminary IPO filing highlights catastrophic model failures as a primary risk factor, marking a shift in how AI companies disclose safety-related financial liabilities to regulators.
Top 3 Most Funded AI Startups Globally: Anthropic competes at the peak of capital-intensive AI development, standing among the most heavily funded organizations in the history of artificial intelligence.
Largest Tech IPOs in History: As Anthropic prepares for its public offering, it looks to join a historical list of tech companies that redefined market capitalization standards at launch.