Anthropic warns that certain actions by the US government could harm its relationships with customers and business partners, according to a report based on the company’s IPO prospectus. The company says the risk could extend to its wider operations, including potential revenue impacts and business disruptions.

The warning is described as covering not only customer and partner relationships, but also the company’s government-related work, its reputation, and potential effects on employees and investors. The prospectus is not public, and the outlet reporting the document says it has not been able to fully verify the text directly beyond what was seen by Reuters. As a result, specific details of the government actions Anthropic refers to are not fully disclosed in the available reports.

Overall, the accounts converge on the same core message: ahead of an IPO, Anthropic highlights that the government’s stance toward the company could translate into commercial and operational downsides that ripple across stakeholders.