Anthropic reveals $80bn loss as AI giant files for blockbuster IPO Tech Anthropic has revealed an $80.7bn (£60bn) first-half loss as the AI giant filed for a blockbuster US stock market listing that could value the company at up to $2 trillion. The Claude developer published its long-awaited IPO prospectus with the US Securities and Exchange Commission on Monday, offering investors their first detailed look at its [...]
Ofcom warns X over illegal content despite moderation improvements Tech Ofcom has warned Elon Musk’s X it is still failing to effectively tackle illegal hate and terrorist content despite improvements in how quickly the platform responds to reports. The UK watchdog said on Wednesday that X’s first quarterly performance report showed it was meeting agreed deadlines for reviewing suspected illegal material, but raised concerns about [...]
AI firms taking ‘catastrophically high’ risks, ex-OpenAI researcher warns MPs AI The world’s biggest AI companies are taking “catastrophically high” risks in their race to develop superintelligent systems, a former OpenAI researcher has warned MPs, as Parliament examines whether tech giants can be trusted to regulate themselves. Daniel Kokotajlo, who quit the ChatGPT maker over safety concerns, told the Business, Innovation, Science and Trade (BIST) Committee [...]
Musk turns to rival Anthropic to power Grok October 7, 2026 Elon Musk has opted to buy competing technology as he is set to use rival Anthropic’s AI models to power parts of Grok, despite spending heavily to build his own AI challenger. Musk said on Wednesday that the Grok bot would use the “best back-end model for any given task”, including Anthropic’s latest Claude Opus [...]
Anthropic blocks AI weapon plots after ‘catastrophic’ risk warning September 11, 2026 Anthropic has blocked attempts to use its AI models to help develop biological and conventional weapons, days after its own researchers sounded the alarm over the risks posed by increasingly powerful AI. The Claude-maker uncovered five cases in which researchers used its technology “in ways that could support biological weapons development”, according to a new [...]
Amazon says it buys books in bulk to ‘improve products’ August 20, 2026 Amazon has said it buys books through commercial channels to develop its products after an investigation traced a bulk order of rare books to a facility where workers reportedly destroy and scan physical copies. “Amazon purchases books through commercial channels to help develop and improve the products and services our customers use,” an Amazon spokesperson [...]
Even Claude says AI watermarking is no ‘silver bullet’ August 18, 2026 Claude has questioned whether watermarking AI-generated text can ever provide a foolproof way to identify machine-written material, just days after its maker, Anthropic, began embedding invisible marks into the chatbot’s own output. Asked by City AM whether AI-generated content should be watermarked, Claude warned that simple marks can be “cropped, screenshotted, or edited out”, while [...]
Google backs publisher model as Apple considers price tag for news August 14, 2026 Google said it backs the established system for paying news publishers, even as Apple considers a radically different model that would tie payments to how often its AI assistant uses journalism. The search giant considers itself the only major tech platform with a structured approach to paying publishers at scale, City AM understands, with licensing [...]
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 [...]
UK government probes OpenAI breach after ‘unprecedented’ hack July 22, 2026 The UK government is probing the first known case of an artificial intelligence model breaking out of a controlled test by itself and hacking another company’s systems. Officials at the government-backed AI Security Institute (AISI) are investigating the security breach at OpenAI and whether similar incidents could occur at other top developers, a spokesperson told [...]