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Business
Anthropic IPO filing warns AI may pose 'existential risks to humanity'
Anthropic has devoted almost a third of its IPO prospectus to risk factors, warning that its AI may pose "existential risks to humanity", while the filing also reveals a $42 billion (€36.9bn) net loss last year and a heavy reliance on just two customers.
Business
Five million robots now work in factories as humanoid hype is tested
Over five million industrial robots now work in factories worldwide, the highest total ever recorded, even as Boston Dynamics shelves a stock listing and Chinese regulators slow a rush of humanoid IPOs, showing a widening gap between practical machines and the humanoids capturing headlines.
Money
North Korean hackers suspected in €332.8m crypto heist as it leads global hacks
North Korea, one of the world’s most closed-off countries, has been linked to some of this year’s largest cryptocurrency thefts. Proceeds from such attacks help fund its nuclear weapons and ballistic missile programmes, according to the US government.
Russia
AI serves up content from Russia's sanctioned state outlets, RSF finds
Reporters Without Borders tested six AI chatbots by requesting news from RT, Sputnik, and other EU-sanctioned Russian outlets, and found that three produced full summaries with links and quotes, sometimes after encountering web pages explicitly stating the outlets were under sanctions.
Europe Today
Canada welcomes EU's 'associate member' offer, but what next?
Europe Today digests what Canada's new EU associate member status actually means, as EU finance ministers meet in Dublin over spiralling energy costs. Also on the show: Fresh reactions to the EU's new Kids Act, which aims to restrict social media and AI chatbots for children under 15.
Markets
Anthropic priced above $2 trillion as markets eagerly await IPO filing
Traders are pricing Anthropic above $2 trillion (€1.73tn) in pre-IPO markets, more than double the company's valuation in its last private funding round, as investors wait for the public release of the S-1 filing that could open the way to the largest flotation in history.
Russia
Russia used Claude AI for espionage, disinformation and drone swarms
Anthropic's latest report on the abuse of its AI model found that a Russian-linked hacking group used Claude to automate attacks on more than 20 organisations, including Ukrainian defence ministries and drone suppliers, while separate operators ran pro-Kremlin disinformation in Africa and Moldova.
Europe News
EU moves toward restricting social media access for under-15s
The European Commission will propose barring under-15s from social media without parental consent, President von der Leyen said on Wednesday. A leaked draft also covers safety-by-design rules for risky online services, like AI chatbots and video games.
Business
Trump concedes on ethics rules as major US crypto bill nears vote
US President Donald Trump has accepted ethics restrictions he had long resisted, removing the final obstacle to the CLARITY Act, the most significant crypto legislation ever attempted in the US, which now faces a decisive Senate vote on Tuesday.
Economy
Anthropic says AI could bring both 15% growth and mass unemployment
Anthropic has published an economic model projecting how AI might reshape the US economy by 2030, and its three scenarios range from barely perceptible to a boom with no historical precedent, including one in which GDP grows 15% a year while nearly a fifth of office workers are out of a job.
Business
French start-up Mistral AI raises €3 billion in Samsung-led round
French artificial intelligence company Mistral AI has raised €3 billion in a round led by Samsung Electronics, nearly doubling its valuation to more than €21 billion in what the company says is the largest equity fundraising ever completed by a European technology firm.
Business
Nvidia earnings preview: The report the entire market is waiting on
Nvidia will report its second-quarter results after the US market closes on Wednesday, with analysts expecting revenue of roughly $92 billion (€78.8bn) and investors treating the chipmaker's guidance as a verdict on whether the AI rally still has room to run.
Markets
What Nvidia's $500 billion Wall Street deal signals about the AI boom
Nvidia and six of the world's largest investment firms announced plans last week to channel more than $500 billion (€433bn) into AI infrastructure, an arrangement designed to let tech companies build data centres without loading the cost onto their own balance sheets.
Russia
Russia issues international arrest warrant for Telegram founder Durov
Durov, who holds French and UAE passports and has lived outside Russia for years, called the case politically motivated. The Kremlin frequently targets its political enemies on charges of supporting "terrorism" or "extremism".
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