In San Francisco, meetings have reportedly been happening in which Anthropic Chief Financial Officer Krishna Rao is taking questions from would-be investors ahead of the public release of the companyâs IPO prospectus.
Remarkably, that prospectus is expected to include verbiage spelling out the fact that the public is fearful upset about what AI companies are doing, according to CNBC.
CNBC, which cites anonymous âpeople familiar with [the] matter,â first reported on these apparent San Francisco meetings, and says the publicâs antipathy toward Anthropicâs product and the data centers that enable it will be outlined in the prospectus asâto use CNBCâs termâa âkey risk factor.â
In other words, the most important formal document disclosing information investors need before they invest in Anthropic will reportedly acknowledge public outcry. That outcry isnât just a lot of grumbling. Politicians on both sides of the aisle increasingly campaign against AI during elections. Depending how deep the prospectus goes, it might have to acknowledge disruptive protests against AI and data centers, reportedly including multiple incidents involving gunshots, and at least one molotov cocktail.
SpaceXâs IPO earlier this year didnât focus on public sentiment, even though AI was arguably the main source of future revenue cited in the SpaceX prospectus. That document mentioned a reliance on natural gas, for instance, but in the part about regulatory considerations, not in any section on, say, public outcry over pollution. It also mentioned that Grokâs brashness and ability to create âpotential nonconsensual or exploitative imageryâ might trigger âreputational damageâ or âuser or advertiser backlash.â But philosophical opposition to AI itself doesnât appear to be in there.
Gizmodo reached out to Anthropic to confirm that investor meetings were taking place in San Francisco, and to ask for comment on CNBCâs claim about the companyâs IPO prospectus. We did not immediately hear back.