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The Latest Breaking News from FT

JPMorgan Debanked Polymarket Last Year. Now It's Keeping the Door Open for an IPO.

JPMorgan informed Polymarket in October that it would need to find another bank, and the prediction market platform has since moved its banking business to another lender, whose identity was not disclosed.

International Business Times

Most voters say they are worse off under Trump, new poll says

One in five Republicans say their finances are worse after year and a half of Trump

The Independent UK

Can Anthropic Top $2T in IPO? Investors Bet Claude Maker Will Eclipse SpaceX in Record-Breaking Debut

The anticipated $2T (£1.48T) Anthropic IPO is poised to surpass SpaceX, amid contrasting revenue forecasts. Discover insights into the AI investment landscape and market expectations.

International Business Times UK

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Taiwan says AI agents used in cyberattacks targeting island

Overseas hackers used artificial intelligence agents to help carry out a wave of cyberattacks targeting Taiwanese government agencies in July, the island's digital affairs ministry said Thursday. The cyberattacks began in July and the "affected agencies have successively completed the response measures", the Ministry of Digital Affairs said in a…

The Economic Times

Anthropic to beat SpaceX? Investors bet on $2 trillion valuation in record IPO

Anthropic is heading towards a potential record-breaking IPO, with investors reportedly expecting a valuation of more than $2 trillion as the AI startup’s revenue continues to surge. The Claude maker’s rapid growth, strong demand for AI tools and lofty revenue projections are fuelling bullish expectations despite intensifying competition, regulatory pressure…

The Economic Times

Taiwan says AI agents used in cyberattacks targeting island

TAIPEI - Overseas hackers used artificial intelligence agents to help carry out a wave of cyberattacks targeting Taiwanese government agencies in July, the island's digital affairs ministry said Thursday.

Bangkok Post

Taiwan says it was hit by ‘abnormal’ AI-assisted cyber-attack

Taiwan’s statement comes a day after reports that suspected China-linked hackers had carried out a first-of-a-kind breach

The Guardian - AU

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FTSE 100 ends lower as oil price pushes higher

The FTSE 100 index closed down 38.59 points, 0.4%, at 10,862.50.

Evening Standard

Inside Putin’s aggressive army recruitment drive as Russians ‘snatched off streets’ to feed Ukraine war

Moscow denies Ukrainian claims that Kyiv’s forces are killing Russian troops faster than they are being recruited

The Independent UK

Dollar drifts higher as traders eye Iran talks ahead of US jobs data

The dollar surged on Friday, gaining strength over the yen and euro as uncertainties regarding a peace deal in Iran heightened demand for safe-haven assets. Support for the dollar was also found in increasing Treasury yields due to expectations of forthcoming rate increases. Market participants are eagerly awaiting the U.S.

The Economic Times

Apple launches new legal challenge to UK attempt to access encrypted user data: FT

The report said Apple last month lodged a legal complaint at the Investigatory Powers Tribunal - Britain's independent judicial body - over the Interior Ministry's ‌demand that ⁠Apple allow ⁠it access to encrypted cloud backups of data belonging to British users.

The Economic Times

Vermont woman orders Chili’s famous Triple Dipper. Then they check the meal and immediately call it unacceptable: ‘I know for a fact’

“It’s called a TRIPLE dipper.”

We Got This Covered

Trump says US backed Japanese yen in rare currency intervention

President Donald Trump said on Sunday the United States had intervened to support the Japanese yen, describing the move as a "signal of friendship" that would benefit both the US and global economy. The Financial Times reported Washington and Tokyo had jointly backed the yen for the first time in…

France 24

Ukraine-Russia war latest: At least three dead after bomb explodes near Moscow restaurant

The explosion occurred near an upscale Italian restaurant located in one of Moscow's seven Stalin-era skyscrapers at Kudrinkskaya Square

The Independent UK

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The Times of India

'Not agreed to that': Trump shifts stance on Ukraine building Patriot missiles

US President Donald Trump said Friday that Washington has not agreed to Ukraine producing Patriot surface-to-air interceptor missiles, walking back earlier signals that Kyiv would be granted a production licence.

Tom’s Hardware

Big tech spends more than $1 trillion on AI infrastructure — additional $745 billion expected to be added to the figure in 2026 alone

Amazon, Google, Meta, and Microsoft have collectively spent more than $1 trillion on AI investments since the rush started in 2023. However, the big four are planning to spend more on AI CAPEX, with billions more planned for this year, even as their "hidden debt" balloons to over $1.65 trillion.

Benzinga

'Leopold Just Stopped Taking Calls': Inside the Week That Gutted Wall Street's Hottest AI Fund

On July 24, Leopold Aschenbrenner sent investors a letter touting returns of 439% for the year through June and 1,551% since inception.

The Independent UK

Ukraine-Russia war latest: Nine dead and dozens wounded as Putin pounds Kyiv with ballistic missiles

Trump's remarks come as Kyiv hits two more Wildberries warehouses and oil facilities in Russia

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news in one place.

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Benzinga

AI Wunderkind Leopold Aschenbrenner's $20 Billion AI Hedge Fund Is Raising Cash After AI Rout (UPDATED)

Editor’s note: the story has been updated with the latest reporting about Situational Awareness’s portfolio.

The Guardian - UK

TfL brings case worth up to £1bn against carmakers over Ulez compliance

Transport for London claims polluting diesel vehicles had been able to enter clean air zone without having to pay

The Economic Times

Nvidia behind $50 billion lease on Texas data center, FT reports

In an impressive move, Nvidia is reportedly set to lease Hut 8's data center in Texas, with the value of the arrangement potentially soaring to fifty billion dollars in the future. This state-of-the-art campus is designed to facilitate extensive artificial intelligence training and operations. Moreover, Nvidia is expected to sublease…

The Economic Times

Waymo explores ending Uber partnership: Financial Times

The companies have increasingly clashed over operational and commercial issues, according to the report. Waymo has raised concerns about ⁠the cleanliness ‌and routing of its vehicles, while Uber has criticised the sudden unavailability of ⁠Waymo vehicles during bad weather and argued that the partnership has "unsustainable financial terms," the FT…

The Guardian - UK

Lobbying giant filmed offering reporter payment for flattering client coverage in national press

Exclusive: Guardian investigation of CT Group uncovers practice that appears to seek hidden influence over public opinion

The Economic Times

Lakshmi Mittal family-backed Amit Bhatia-led group eyes stake in $6 bn Liverpool FC: Report

A consortium led by Amit Bhatia is reportedly in talks to acquire a significant minority stake in Liverpool FC. This potential deal could value the renowned Liverpool Football Club at over six billion dollars. The investor group has hired advisers and is actively discussing the strategic investment with owners. Fenway…

The Economic Times

China considers tighter export controls on AI models and chips

Regulators led by the China's Ministry of Commerce (MofCom) ⁠have been ‌consulting leading domestic AI ⁠and chipmaking groups on how to prevent China's advanced technologies and star start-ups from ‌being acquired by the west, the report ⁠said, citing two people involved in the discussions.

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Leopold Aschenbrenner

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