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Anthropic set for $1.3tn stock market debut despite 'catastrophic' AI warning

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Anthropic's $1.3 trillion IPO proceeds despite severe AI safety warnings, signaling that massive investor appetite for AI technology currently outweighs concerns about its potential catastrophic risks.

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The AI company behind the Claude chatbot will offer its shares at between $70 and $78, which is lower than what was expected.

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