• Dario and Daniela Amodei said trust is key to operating Anthropic with seven cofounders.
• Operating with honesty and in good faith makes it easier to disagree, Dario Amodei said.
• Anthropic's S-1 filing outlined how the cofounders will steer the company after it goes public.

Many people told Dario and Daniela Amodei that starting Anthropic with seven cofounders was a terrible idea.

Yet, more than five years later, the duo said that setup is crucial to their success. The siblings made the comments in an episode of the podcast The Builders, released on Tuesday and recorded in July.

"They all have equal stakes in the company, and they all carry the vision. We have inherent trust in all of them," Dario Amodei, the CEO, said.

He said later in the episode that mutual trust is crucial to resolving his frequent disagreements with other cofounders on high-stakes questions, like what safeguards to apply to a model and how to lobby for regulations.

"These are all good-faith disagreements, but they always get resolved because there's always trust that everyone is trying to get to the right answer and everyone is being honest," he said, drawing a contrast to what he said was his previous experience working at OpenAI.

Daniela Amodei, Anthropic's president, said the focus on honesty also extends to how the leaders communicate with employees.

"Honesty and integrity and how we treat each other and our employees is also reflective of how we want the technology to be built," she said.

The podcast was released one day after Anthropic released its S-1 paperwork as it prepares to go public. As Henry Chandonnet wrote for Business Insider, the paperwork was chock full of language about honesty being central to the company's public persona.

Under a unique governance structure, as outlined in the S-1, the company's seven founders will control 50.1% of all shareholder votes, meaning the seven cofounders will have more voting power than all other shareholders combined. In addition to their voting power, the cofounders also hold significant stakes in the company and stand to earn billions. Each of the cofounders has pledged to donate 80% of their personal equity in the company to philanthropy.

Anthropic's highly anticipated S-1 paperwork also revealed key financial statistics: The company had a net loss of $42 billion and revenue of $4.6 billion last year, five customers drove around a quarter of revenue in the first nine months of the year, and the Amodeis together had total compensation packages valued at around $35 million last year. More than 90 pages of the S-1 outline risk factors, and Anthropic warned that a "catastrophic AI-related incident" could overwhelm the entire insurance industry.

The AI behemoth is expected to target a $1.5 to $2 trillion valuation when it debuts on the Nasdaq in November, potentially making it the largest IPO ever. Some investing experts have expressed concern that the market may struggle to absorb another blockbuster IPO.

• Dozens gathered in New York for a Nathan Fielder and Elizabeth Holmes look-alike contest.
• A small crowd cheered on the sea of black blazers, blonde buns, and tiny headphones.
• One of the event's winners said she got around 100 Instagram messages urging her to compete.

Washington Square Park on Sunday afternoon looked like a cross between a vigil, a corporate mixer, and a low-budget film set.

It was, in reality, an Elizabeth Holmes and Nathan Fielder lookalike contest, as fandom about the documentary "You Can See Everything" spilled onto the streets. A small crowd cheered on the gaggle of blazer-donning blondes and graying fans wearing tiny headphones. Holmes wannabes milled around, their heavily lined eyes wide and fingers forming the "okay" hand gesture associated with the Theranos founder.

Age was no object: One of the Holmeses appeared to be under 10 in a video on X, though she'd already mastered the founders' characteristic stare.

Maddy West, a New York-based comedian and Fielder fan, organized the event with a friend. The organizers had about a week to set up the event, from the registration to securing the guest judge, Kor Skeete, who starred in an episode of Fielder's series "The Rehearsal." West said more than 200 people responded to a registration form on the event's Partiful invitation.

The prize ultimately went to Joe Sivick and Nicole Travolta, the post on X said. Travolta, an actress and comedian, said she's been doing impressions of Holmes since 2022, and already owned the costume and wig. She said she got around 100 Instagram messages from fans urging her to participate in the contest and mainly went because she thought it would be funny.

"In the world that we're living in, everything is so heavy, and I think if you are choosing to go to something like this, you're doing it to be silly and fun," she said.

Travolta thinks her spoken impression is probably what secured her the win, since everyone looked eerily similar to Holmes. Her eyes were somewhat bloodshot on Monday morning, after keeping them wide open in the sun for hours.

Neither Sivick nor Travolta wanted the $50 cash prize, West said, opting instead to just keep a purse made by a local business.

Both West and Travolta said Sivick's impression was so convincing, they momentarily thought he was Fielder himself.

"When he showed up to the event, I saw him from a distance, and he was wearing sunglasses. At first glance, I was like, 'Oh my gosh, did Nathan Fielder actually show?" West said.

Sunday's contestants aren't the only ones investing in the documentary duo's wardrobe. TikTokers have posted about dressing up as Holmes and Fielder — or Holmes and her "drop of blood," in at least one case — for Halloween.

Fielder's documentary has made waves in the tech and film worlds since it debuted earlier this month. The A24 movie tracks the time the comedian spent with Holmes weeks before she reported to prison for defrauding investors, among other charges. Business Insider's Callie Ahlgrim described it as "part character study, part psychological thriller, part surrealist thought experiment."

"I came out of the movie feeling like I had gone through some sort of vortex, black hole, mind-bending experience," Travolta said, having seen it a week before the contest.

"You Can See Everything" grossed $15 million in its opening weekend after opening in 855 theaters, doubling producers' expectations.

The movie is part of a string of recent releases about wealthy, hubristic tech founders — there's Mark Zuckerberg in "The Social Reckoning," Elon Musk in "Musk," Sam Altman in "Artificial," and Sam Bankman-Fried in "The Altruists." The on-screen Silicon Valley backlash has coincided with real-life discontent about the AI buildout, which is becoming a more potent issue for tech leaders and politicians alike.

This story has been updated with comments from event organizer Maddy West and winner Nicole Travolta.

• Execs and analysts are sounding the alarm after AI discovered a flaw affecting the majority of the internet.
• Experts say critical systems, from energy and water to healthcare, may be especially exposed.
• Here's what smart people are saying about the biggest threats to the internet at the moment.

It's been a nightmarish week for cybersecurity.

AI helped discover two "critical" flaws in the infrastructure of PHP, a programming language that up to 70% of websites use, prompting companies to race to roll out a fix or risk being hacked.

The incident has illustrated how AI is creating a new level of risk for businesses and consumers online, in a week when multiple other cyber threats caused headaches for security workers.

Here's what executives and analysts are saying about the biggest cyber threat of the moment — and how AI could make things even worse.

Jason Clinton, Anthropic's deputy chief information security officer

Anthropic's deputy security chief, Jason Clinton, warns that a "vulnerability tsunami" is coming — and says critical infrastructure hasn't caught up.

Clinton posted on X on Wednesday about the need to "patch critical infrastructure" before core network vulnerabilities get exploited. On Thursday, he issued another warning to companies.

"As bad as things have gotten in the past 4 days, they are going to get a lot worse before they get better," he wrote.

"Security leaders, never let a crisis go to waste: please go to your boards and ask for help right now. not for ai, for the basics. (we need to hold on for ~18 months.)," he added.

Andrew Curran, AI analyst

Andrew Curran, a prominent AI analyst, weighed in on several cybersecurity threats from Wednesday to Thursday.

"Regarding potential attacks on energy, food, and water infrastructure, the threat is quite real. Someone is currently probing infra and feeling it out, it is an active threat. Even a little preparation can be helpful, just in case," Curran wrote on Wednesday in response to an NSA cybersecurity advisory about threat actors.

On Thursday, Curran also highlighted a hack of Quest Diagnostics, which he said serves "roughly half" of the US's hospitals and physicians.

Matt Shumer, AI investor

In February, Matt Shumer, the former CEO of Hyperwrite, published a viral essay on his website titled "Something Big Is Happening," in which he warned of large-scale disruptions wrought by AI that could upend the world order.

Shumer published another essay on Thursday on his website and LinkedIn, this time titled "The Internet Is Under Attack. Here's How to Protect Yourself and Your Family."

"Right now, as you read this, swarms of AI agents are likely trying to break into the websites you use. Not one of them. Many of them," Shumer wrote. "We are in the middle of the biggest cybersecurity moment in years."

This is what could happen, per Shumer's post:

Your information leaks, so scammers know your name, birthday, address and bank, and their calls and texts sound real. Your accounts get taken over through some site you used once, years ago, with the same password you use everywhere. And the things you depend on, like an app, a pharmacy or a store's website, go down for days.

To be clear: this is ongoing, but the worst-case scenarios people are most scared of haven't happened. I hope they never do. But it's better to be safe than sorry, especially since this is going to keep happening.

Shumer also outlined four ways people can protect themselves, including updating all their software and staying off sites they're unfamiliar with while companies and websites alike make their security updates.

He also advises that people protect their bank accounts by being extra cautious about any and all codes and links that they receive. People should also "close the doors you aren't using" by unplugging smart gadgets and deleting apps that aren't being utilized.

"Every connected thing is another way in," Shumer wrote.

Marc Benioff, CEO of Salesforce

Marc Benioff agreed with Anthropic's Jason Clinton in an X post on Thursday.

"Jason is 100% right. Code red," Benioff wrote, along with a red alarm emoji.

Sriram Krishnan, venture capitalist and former White House advisor

Sriram Krishnan, a prominent venture capitalist and former senior AI policy advisor for President Donald Trump, said that the PHP vulnerabilities are a "harbinger of things to come" as AI models continue to detect long-standing cyber issues.

"However the entire software supply chain will need the muscles to rapidly build and deploy fixes," he said in a post on X.

The new cyber reality may require more public-private partnerships to build the required infrastructure, he said.

Deedy Das, venture capitalist

The Menlo Venture partner Deedy Das warned that "the era of vibe hacking is here" in a series of posts on X.

He said he'd seen firsthand that "even non-technical people" can exploit common vulnerabilities, such as PHP, using AI models. Das said someone could theoretically direct certain models to any website and instruct them to quickly locate the vulnerabilities.

"Once you figure it out, it is downright trivial to do. The digital infrastructure of the world is at risk," he wrote.

Aaron Levie, CEO of Box

AI agents have ended the era of "security through obscurity" because they can devote once-unthinkable time and effort to finding vulnerabilities, Box CEO Aaron Levie said on X. People will need to upgrade legacy infrastructure, modernize security policies, and tighten access controls, among other measures, he said.

"Agents will help on the defensive side because they can both accelerate this work and equally simulate the risk vectors," Levie wrote.

Yet Levie thinks humans also have an important role to play in the cyber revolution — he predicted a boom in cybersecurity jobs, which could become a huge investment area for companies.

"You will need more talent to point the agents at the most critical work, review findings, patch systems, respond to incidents, and more," he said.