As Anthropic goes public, it warns of AI’s catastrophic and existential risks to humanity

Anthropic has officially filed to go public, and buried inside its S-1 is a blunt warning about the technology at the center of its business. The maker of Claude AI says advanced AI could cause everything from large-scale cyberattacks and geopolitical …

Freedom Holding is developing a $2bn sovereign AI hub in Kazakhstan
Freedom Holding is developing a $2bn sovereign AI hub in Kazakhstan

Freedom Holding Corp. is developing the $2bn hub under an agreement signed in November 2025 with Kazakhstan’s Ministry of Artificial Intelligence and Digital Development, the Nasdaq-listed group said in a statement on Monday. The site is planned with 1…

Bedrock Robotics raises $600M as its self-driving excavators win paid work
Bedrock Robotics raises $600M as its self-driving excavators win paid work

Bedrock Robotics has closed a $600M Series C co-led by CapitalG and Emergence Capital. The round values the San Francisco startup at $4.1bn after the money, it said in a statement on Monday. It brings the company’s total funding to nearly $1bn. Bloombe…

Apple’s new iPad mini gets OLED, an A20 Pro chip and water resistance
Apple’s new iPad mini gets OLED, an A20 Pro chip and water resistance

Apple unveiled the eighth-generation iPad mini on Monday, two days before its Pro and Tell event in Los Angeles. The tablet keeps the footprint of the 2024 model but stretches the screen to 8.5 inches, from 8.3, by cutting the bezels by 24%. It is 5.4m…

Anthropic says may compete with application layer startups from “time to time” in “select categories”

Anthropic today offered hope to European AI application layer startups, saying that its primary focus was on being a foundation AI model company, and that it may compete with application startups “fro…

Anthropic files for Nasdaq IPO as half-year revenue hits $16.3bn
Anthropic files for Nasdaq IPO as half-year revenue hits $16.3bn

Anthropic made its prospectus public on Monday. It filed a registration statement on Form S-1 with the US Securities and Exchange Commission. The company plans to list its Class A shares under the ticker ANT. The filing leaves the price range and the n…

OpenAI’s discounts win Anthropic customers, The Information reports
OpenAI’s discounts win Anthropic customers, The Information reports

Replit moved most of its AI spending from Anthropic to OpenAI in recent months after OpenAI offered a discount of more than 30%, The Information reported on Saturday. The contract is worth over $100M a year, a person familiar with the deal told The Inf…

Apollo’s Slok says US companies now treat AI spending as a cost, not growth
Apollo’s Slok says US companies now treat AI spending as a cost, not growth

Artificial intelligence has delivered “zero financial payoff” to corporate America outside the tech sector. That is the finding of Torsten Slok, chief economist at Apollo Global Management, in a note on Saturday. Slok compared the Magnificent Seven, th…

American Express cuts 5% of staff and won’t let AI agents ‘run rogue’
American Express cuts 5% of staff and won’t let AI agents ‘run rogue’

American Express is cutting about 5% of its global workforce and taking a $336M restructuring charge. Chief executive Stephen Squeri told analysts about the cuts on Friday, CNBC’s Hugh Son reported. The company had almost 77,000 employees at the end of…

Goldman Sachs puts $500M into small-business AI with four AI labs
Goldman Sachs puts $500M into small-business AI with four AI labs

Goldman Sachs is putting $500M into the next phase of its 10,000 Small Businesses programme, including a new AI institute built with Anthropic, Google, Meta and OpenAI. At the launch, its chief executive said there is very little that needs the frontie…