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The Latest Breaking News from Anthropic

Anthropic’s Fable fiasco leaves the door open for open-source AI, particularly cheaper models from China

“Frontier intelligence should not … be subject to withdrawal by a handful of rules at any moment,” Z.ai, a Chinese AI developer, wrote on social media.

Fortune

Microsoft makes Copilot Cowork open to everyone, and wants to help you tackle even the trickiest work tasks

Microsoft and Anthropic reveal an upgraded Copilot Cowork is now generally available.

TechRadar

Anthropic Seeks Deal With Trump Administration After Fable 5 Model Shutdown

Anthropic executives traveled to Washington this week to negotiate with Trump administration officials after government restrictions forced the company to disable access to its newly launched Fable 5 and Mythos 5 models.

International Business Times

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Anthropic’s IPO pitch has a new problem: The government can shut it down

“Heck yeah there’s regulatory risk,” said David Linthicum, a longtime cloud analyst.

Fortune

Can Elon Musk's xAI challenge Anthropic after SpaceX's $60 billion Cursor AI acquisition from Anysphere?

SpaceX has agreed to acquire Cursor AI parent Anysphere for $60 billion in an all-stock deal, days after SpaceX's blockbuster Nasdaq debut. The acquisition hands xAI's Grok a foothold in AI coding tools, tapping Cursor's $2 billion annualized revenue and rapid enterprise adoption. Closing is expected in Q3 2026. Now…

The Economic Times

Anthropic shutdown ignites calls for sovereign AI across Europe

Washington’s decision to cut off access to Anthropic’s newest frontier AI has forced Europe into a reckoning.

Fortune

Goldman’s S&P 500 Target Looks More Reachable After the Latest Rally

Goldman Sachs raised its S&P 500 year-end target to 8,000, citing EPS growth, broad earnings beats, and IPO activity including SpaceX's June 12 debut at $135 per share.

MarketBeat

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Did Everyone Lose?

Plus: Anthropic drama, Biden delusion, and more...

Reason

‘Dangerous’ AI ban could leave US defenses exposed, experts warn

IN FULL

The Independent UK

Elon Musk’s unprecendented accumulation of wealth

IPO mints Musk as world’s first trillionaire – now SpaceX is public, it will be harder than ever not to have a stake in its future

The Guardian - US

The Anthropic ‘Fable’ saga proves: we have opened the AI Pandora’s box. What now?

We have opened the AI Pandora’s box. Now we have to make the best of it

The Guardian - US

Investors look beyond the 'Magnificent 7' as Wall Street embraces the 'FAB 10'

SpaceX's record-breaking market debut has pushed Wall Street to widen its favourite shorthand of the so-called 'Magnificent 7', with strategists folding Elon Musk's firm, OpenAI and Anthropic into a new 'FAB 10' label that captures the next phase of the AI trade.

Euronews

SpaceX buys AI coding startup Cursor for $60 billion in race for an edge over Anthropic and OpenAI

SpaceX will move forward with its $60 billion acquisition of artificial intelligence startup Cursor as Elon Musk's space exploration and AI company seeks a competitive edge against rivals Anthropic and OpenAI after its Wall Street debut last week

AAP

SpaceX to acquire AI coding company Cursor for $60 billion

SpaceX is set to acquire AI coding firm Anysphere, creators of Cursor, for a staggering $60 billion. This strategic move aims to bolster SpaceX's enterprise AI market presence, following its recent blockbuster IPO. The deal, expected by Q3 2026, could significantly boost xAI's capabilities.

The Economic Times

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The Independent UK

Cyber security experts warn White House of ‘dangerous’ Anthropic ban

‘This action has taken the best models away from defenders,’ say researchers from Adobe and Nvidia

TechRadar

Finance survived the quantum threat by preparing early. Mythos won't make it so easy

Anthropic's Claude Mythos model has put a new item on the agenda for business-critical technology.

The Economic Times

Sarvam: When US slams the door, India begins to find its own opening

Sarvam AI’s rise to a $1.5 billion valuation after raising $234 million marks a major milestone for India’s push toward AI sovereignty. The funding comes shortly after the U.S. restricted foreign access to some of Anthropic’s most advanced AI models, highlighting the risks of relying on foreign-controlled AI technologies.

International Business Times UK

Anthropic Sued for Fraud: Class Action Claims Claude Usage Limits Were 'Far Below the Advertised Amount'

Anthropic, the AI company behind Claude, faces a lawsuit alleging misleading subscription practices. The case questions transparency in AI service limits, highlighting broader industry scrutiny.

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The Economic Times

Anthropic to meet with US officials over export curbs

The administration ordered Anthropic to block any foreign nationals, whether inside or outside the U.S., from using its latest models, Fable 5 and Mythos 5, the company said in a blog post on Friday. In response, Anthropic said it would disable access to the models globally.

We Got This Covered

After 24 hours of tense calls, Trump administration places sweeping export controls on AI company over national security fears: ‘Our hands were tied’

"No testers have yet been able to find a universal jailbreak.”

International Business Times

Most Countries Perceive China As Leading The AI Race Over US: Poll

In major U.S. allies, including France, Canada, and the United Kingdom, China is perceived as being ahead of the U.S. in the artificial intelligence race, according to a new poll.

International Business Times UK

Why Claude Fable 5 Was Banned Worldwide Just 72 Hours After Becoming the Most Powerful AI Ever Released to the Public

The US government ordered Anthropic to disable its AI models, Fable 5 and Mythos 5, due to security concerns, following Amazon's warning about potential cyberattack risks.

Fortune

Top analyst: 71% of SpaceX’s $2 trillion value rests on AI. Grok’s numbers are ‘almost comical’ by comparison

Keith Snyder at CFRA can’t justify SpaceX’s $2 trillion post-IPO market cap without assuming growth that current Grok adoption data doesn’t support.

Barchart

If You’re Looking for the ‘Next Big Thing’ Before the OpenAI and Anthropic IPOs, Try This Barchart Stock Screener

Sometimes boring stocks can be the most exciting.

Fortune

‘Fix this code.’ The three little words behind the U.S. government decision that shut down Anthropic’s Fable and Mythos AI models

The Fable jailbreak was trivially easy, an independent security researcher found. But she and other experts say Fable’s value to cyber defenders outweighs its risks. Meanwhile, her own involvement may have antagonized the Trump administration.

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