including approximately 90 pages of “risk factors”

https://www.sec.gov/Archives/edgar/data/2130357/000162828026067168/anthropicpbc-sx1.htm#ica694c859b8e458dbf6a73f56dde9d42\_2972

“[…] our increasing use of AI systems to accelerate our own research and development may cause the
capabilities of our models to advance more rapidly than our ability to develop, validate, and implement
corresponding safety, alignment, and security measures. Much of our evidence regarding the pace of such AI-driven acceleration is derived from lagging indicators, and our ability to forecast or measure the rate at which our capabilities are advancing, including any acceleration attributable to our most recent or unreleased models, is limited. As a result, we may not identify a significant acceleration in our rate of development until after it has occurred.”