Anthropic lost $8 billion last year and said its AI could destroy humanity, OpenAI canceled GPT-6.1 Astra's release over deceptive behavior, and Meta is starting an enterprise business to justify its massive AI spending

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OpenAI OpenAI OpenAI Anthropic lost $8 billion last year and said its AI could destroy humanity.

OpenAI cancelled GPT 6.1 asterisk release over deceptive behavior. And Meta is starting an enterprise business to justify its massive AI spending. It's Tuesday, September 29th. And here's a quick look at some of the news happening in the sphere of tech.

Anthropic's draft IPO Prospectus has now started circulating in the media and revealed some significant risks. Reuters reported the first of those risks is fiscal, as the company reported an operating loss of $8 billion last year on a $42 billion net loss, despite a 12-fold revenue increase from the year before to $4.6 billion.

The other is a veritable first for a company, Prospectus, with Anthropic stating that its AI tech may pose existential risks to humanity. Despite an estimated $2 trillion valuation ahead of its IPO, Anthropic has not been a money-spinning operation so far. The company plans to spend $518 billion on data center infrastructure over the coming years, despite its meager 2025 revenue. The costs of financing that help explain why it took a $42 billion loss, which may be absorbed by shareholders in the coming IPO. Now, on the plus side, the company had an operating profit of $11.5 billion of revenue in Q2, and expects to post another operating profit next quarter. However, according to the Financial Times, a fourth of that revenue came from just two clients. The company did not say which two, but it was reported in August that Meta projected it might spend up to $10 billion with Anthropic annually. On top of that, many of Anthropic's biggest customers were not locked into long-term contracts and could cut off spending at any time. As for a potential AI Armageddon, Anthropic said that its own research showed that its increasingly autonomous AI models have recently shown worrisome behavior. That includes sabotaging code, abetting fraud, and manipulating data in controlled tests. Anthropic's CEO, Dario Amadei, recently called for AI companies to slow down the pace of new development to address those and other issues. However, Amadei's call to action did not stop Anthropic from releasing its new Opus 5.5 model last week to keep up with OpenAI.

Prior to Anthropic's announcement, OpenAI canceled the release of its new model, GPT 6.1 Astra. That's according to the Wall Street Journal. It was due for launch in October and was going to debut inside Chatch GPT and Codex, but it reportedly showed higher levels of deception than its predecessors during internal testing. According to OpenAI's own people, GPT 6.1 Astra performed poorly on tests that measure how well it adheres to instructions. It also was not honest about telling testers the actions it did and did not perform in order to achieve its goal.