UK’s AI watchdog flags new OpenAI and Anthropic cyber alarms AI Britain’s AI safety watchdog was forced to declare a security incident after frontier AI models, including Anthropic’s Mythos, went rogue during a routine test, autonomously spinning up fake identities in a bid to hack real-world software developers. The AI Safety Institute (AISI) revealed on Tuesday that during a cybersecurity evaluation in late, AI models unexpectedly [...]
IPOs aren’t the new meme stocks Opinion The market may be producing bigger IPO stories. like SpaceX and Anthropic, but that doesn’t mean retail investors are blindly buying the hype, says Carl Hazeley If you only read the headlines, you’d think retail investors had found their next obsession: blockbuster IPOs. SpaceX has dominated the conversation again this week as investors digest its [...]
AI powerhouses are betting on London’s future Opinion London is a truly global city with a world-leading financial sector, a sophisticated and mature technology ecosystem, and the infrastructure to support growth at scale – and with these major recent AI office signings, we are seeing the city endorsed by the businesses shaping frontier technology, says Mike Wiseman In my experience, the property market [...]
It’s hard to picture a more nightmarish vision of our AI future than this July 30, 2026 The optimistic case for AI is clear: incredible scientific breakthroughs, life-enhancing productivity gains and universal access to knowledge. What’s not to like? But items on the other side of the ledger weigh a little heavier: the erosion of jobs, the flattening of knowledge, unstoppable cyber attacks and social rupture. Elon Musk still thinks there’s a [...]
AI firms targeting London’s rare book shops in ‘dystopian’ hunt for training data July 29, 2026 London’s rare book shops appear to have been targeted by AI companies searching for books to train their models, after court documents revealed Anthropic bought, scanned and destroyed millions of physical books as part of a controversial project to feed an insatiable demand for training data. One London-based seller of rare books told City AM [...]
Sage accelerates AI expansion as revenue grows July 29, 2026 Sage said it is accelerating the roll-out of AI across its product lines on Wednesday as it reported another quarter of double-digit revenue growth, fuelled by a boost in demand for its cloud accounting software. The FTSE 100 software company said revenue rose 11 per cent to £2.06bn in the nine months to 30 June, [...]
AI spending overshadows Alphabet and Tesla earnings July 23, 2026 Wall Street’s biggest tech companies delivered another round of strong earnings on Wednesday, but the primary focus for investors is the growing cost of the artificial intelligence race. Alphabet and Tesla beat revenue expectations, yet their shares fell in after-hours trading after both companies signalled another year of heavy spending on AI infrastructure. Google-owner Alphabet [...]
‘Ugly moment’ for software stocks as IBM suffers biggest one-day slump in decades July 14, 2026 IBM shares are poised to suffer one of their worst-ever trading days after the tech giant warned customers were diverting spending away from software and into AI infrastructure. The warning wiped more than $50bn (£37bn) from IBM’s market value, sending the stock down more than 20 per cent and putting it on course for its [...]
Monzo founder joins Anthropic as AI talent race heats up July 13, 2026 Monzo co-founder Tom Blomfield has joined Anthropic, as the US AI giant steps up its recruitment drive for senior tech leaders. Blomfield announced on Monday that he is taking a leave of absence from Silicon Valley startup accelerator Y Combinator to join Anthropic’s compute team, where he will work alongside co-founder Tom Brown on the [...]
Darktrace says Anthropic was right to pause Mythos on ‘security and safety’ grounds July 7, 2026 Darktrace has backed Anthropic’s temporary restrictions on its most advanced AI models, arguing the move was about safety rather than shutting Britain out of its frontier model. Nicole Carignan, Darktrace’s SVP of AI and security strategy, told City AM the short-lived curb on Anthropic’s Mythos and Fable models should not be read as a straightforward [...]