‘Investors are nervous’ – will Google and OpenAI follow Anthropic with legal tools? February 4, 2026 Anthropic’s release of a legal plugin was “inevitable,” says the CEO of legal AI firm Wexler, who adds that investors’ surprising reaction may be due to nerves and a desire to find a reason to sell. Tech giant Anthropic unveiled a new tool aimed directly at in-house lawyers on Tuesday, but the move rattled investors, [...]
LSEG, Sage, Rightmove shares fall as Anthropic AI rattles markets February 4, 2026 Shares in global software giants tumbled again on Wednesday morning as the latest AI innovation from Anthropic rattled global markets. The London Stock Exchange Group (LSEG) extended Tuesday’s losses falling near two per cent in early trading to lows of 6,774.00p before clawing back some gains. Meanwhile Rightmove led the index’s fallers, with a slump [...]
FTSE 100 Live: Beazley seals $15bn Zurich deal, Santander in $12bn takeover February 4, 2026 Good morning and welcome back to the City AM liveblog. Shares in Europe’s biggest data, publishing and legal software groups slumped on Tuesday after AI giant Anthropic unveiled a new tool aimed directly at in-house lawyers. The move rattled investors who had long viewed the sector as an AI winner. In London, Relx fell close [...]
Anthropic’s new AI legal tool wipes billions off European data stocks February 3, 2026 Shares in Europe’s biggest data, publishing and legal software groups slumped after AI giant Anthropic unveiled a new tool aimed directly at in-house lawyers. The move rattled investors who had long viewed the sector as an AI winner. In London, Relx fell close to 11 per cent, while Pearson dropped around four per cent. London [...]
AI-driven workforce fuels private equity surge in sports February 3, 2026 The influx of businesses investing in AI is a key factor driving the surge in private equity (PE) within the leisure and sports sector, as sports is the new luxury. Cleary Gottlieb partner Tihir Sarkar explained to City AM, “With day-to-day activities being taken over by AI, there’s going to be a lot more time for participation [...]
ICO opens probe into Elon Musk’s Grok AI over sexualised content February 3, 2026 The Information Commissioner’s Office (ICO) has opened investigations in relation to the Grok AI system and its potential to produce harmful sexualised image and video content. The probe into the tech tool owned by Elon Musk’s Internet Unlimited Company (XIUC) and X.AI comes after the chatbot made headlines last month over the generation of explicit, [...]
Musk’s SpaceX swallows xAI ahead of mega IPO February 3, 2026 Elon Musk’s rocket company SpaceX has acquired his AI firm xAI in a deal valuing the combined business at roughly $1.25 trillion (£910bn) as the billionaire tightens control of his empire, ahead of a long-trailed IPO. The all-stock transaction, announced on SpaceX’s own website on Monday, values SpaceX at about $1 trillion, and xAI at [...]
AI just created its own religion. Should we be worried about Moltbook? February 2, 2026 Moltbook, a social media platform for AI agents, is making quite the impression. Should humans be worried, asks Lewis Liu.
US tech stocks slide as Microsoft rout sharpens AI spending doubts January 30, 2026 US technology stocks sold off sharply on Thursday, as a bruising slump in Microsoft sparked investor unease over how long it will take for mass AI investments to pay off. The tech-heavy Nasdaq Composite closed down 0.72 per cent at 23,685, weighed down by heavy losses across software giants. The S&P 500 slipped 0.13 per [...]
BBC left out of ChatGPT AI news sources January 30, 2026 AI chatbots used by millions to access the news are skewing UK media, with new research showing that some of the country’s biggest and most trusted outlets are being sidelined altogether. According to the Institute for Public Policy Research (IPPR), ChatGPT and Google Gemini did not cite the BBC in any responses to news-related queries, [...]