Anthropic has said artificial intelligence could pose "catastrophic or existential risks to humanity" as it unveiled details of its planned blockbuster stock market listing in the US.

The company behind AI chatbot Claude revealed losses of more than $80.7bn (£60.5bn) in the first half of the year, but it said it had $112.4bn in cash or equivalents, and generated revenues of $16.3bn over the same period.

The number of shares to be released and their price range is yet to be determined.

Anthropic's valuation when it goes public has been expected to exceed that of SpaceX, which this summer was the biggest-ever stock listing at an initial valuation of about $1.8 trillion.

Ahead of its public listing, Anthropic said concerns had been raised by policymakers, regulators and researchers as well as by people within its organisation that AI systems posed a significant risk to humanity.

It said that advanced AI systems "could, if not developed, deployed, and operated with appropriate safeguards, oversight, and security measures, pose catastrophic or existential risks to humanity, particularly if such systems were misused, replicated, weaponised, or allowed to operate with a high degree of autonomy".

Anthropic, which was founded just five years ago by chief executive Dario Amodei, his sister Daniela Amodei and five other co-founders, announced its intention to go public in June.

Its most significant rival, OpenAI, quickly followed suit, saying it, too, intended to go public. That listing is now expected to occur early next year, according to a person familiar with OpenAI's plans.

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