News & Updates
The latest news and updates from companies in the WLTH portfolio.
Anthropic appoints former US Fed Chair Ben Bernanke to Long-Term Benefit Trust
New Delhi [India], July 10 (ANI): Anthropic's Long-Term Benefit Trust (LTBT) has appointed former US Federal Reserve Chair Ben Bernanke as its newest member as per a statement by the company. As per the release, Ben Bernanke is a Distinguished Fellow at the Brookings Institution and led the the Federal Reserve from 2006 to 2014. 'He joins an independent body that works to hold Anthropic to its mission: the responsible development of advanced AI for the long-term benefit of humanity,' the company said. During his tenure at the US Federal Reserve Chair, Bernanke led the central bank through the 2008 global financial crisis and subsequent recovery. Before joining the government, Bernanke spent more than 20 years in academia, primarily at Princeton University, where he chaired the economics department. His influential research on the Great Depression and the role of banks in financial crises earned him the 2022 Nobel Prize in Economic Sciences. 'The potential of artificial intelligence is enormous, and so is the range of outcomes. How that potential plays out will depend, in part, on the institutions we build around it,' said Bernanke, as per the release. Bernanke further added Anthropic's unique governance structure is designed to ensure that the long-term benefits of artificial intelligence for humanity significantly outweigh its risks. 'I am honored to have this opportunity, and I will try to contribute in any way I can to this critical mission,' he said. Anthropic is a Public Benefit Corporation, structured to balance commercial success with broader societal benefit. Its Long-Term Benefit Trust serves as an independent oversight body, helping ensure the company develops and deploys AI responsibly while staying aligned with its long-term public interest mission. Neil Buddy Shah, Chair of the LTBT said, 'The institutions built around this technology will matter as much as the technology itself.' Commenting on Ben's appointment he said 'Ben spent eight years leading the Federal Reserve and guided the country through the worst financial crisis in nearly a century with expertise, independence, and sound judgment. That's the standard we look for in Trustees as AI's impact grows, and we're fortunate Ben has chosen to join us in this work.' (ANI)
Anthropic appoints former US Fed Chair Ben Bernanke to Long-Term Benefit Trust
New Delhi [India], July 10 (ANI): Anthropic's Long-Term Benefit Trust (LTBT) has appointed former US Federal Reserve Chair Ben Bernanke as its newest member as per a statement by the company. As per the release, Ben Bernanke is a Distinguished Fellow at the Brookings Institution and led the the Federal Reserve from 2006 to 2014. 'He joins an independent body that works to hold Anthropic to its mission: the responsible development of advanced AI for the long-term benefit of humanity,' the company said. During his tenure at the US Federal Reserve Chair, Bernanke led the central bank through the 2008 global financial crisis and subsequent recovery. Before joining the government, Bernanke spent more than 20 years in academia, primarily at Princeton University, where he chaired the economics department. His influential research on the Great Depression and the role of banks in financial crises earned him the 2022 Nobel Prize in Economic Sciences. 'The potential of artificial intelligence is enormous, and so is the range of outcomes. How that potential plays out will depend, in part, on the institutions we build around it,' said Bernanke, as per the release. Bernanke further added Anthropic's unique governance structure is designed to ensure that the long-term benefits of artificial intelligence for humanity significantly outweigh its risks. 'I am honored to have this opportunity, and I will try to contribute in any way I can to this critical mission,' he said. Anthropic is a Public Benefit Corporation, structured to balance commercial success with broader societal benefit. Its Long-Term Benefit Trust serves as an independent oversight body, helping ensure the company develops and deploys AI responsibly while staying aligned with its long-term public interest mission. Neil Buddy Shah, Chair of the LTBT said, 'The institutions built around this technology will matter as much as the technology itself.' Commenting on Ben's appointment he said 'Ben spent eight years leading the Federal Reserve and guided the country through the worst financial crisis in nearly a century with expertise, independence, and sound judgment. That's the standard we look for in Trustees as AI's impact grows, and we're fortunate Ben has chosen to join us in this work.' (ANI)
Anthropic appoints former US Fed Chair Ben Bernanke to Long-Term Benefit Trust
New Delhi [India], July 10 (ANI): Anthropic's Long-Term Benefit Trust (LTBT) has appointed former US Federal Reserve Chair Ben Bernanke as its newest member as per a statement by the company. As per the release, Ben Bernanke is a Distinguished Fellow at the Brookings Institution and led the the Federal Reserve from 2006 to 2014. 'He joins an independent body that works to hold Anthropic to its mission: the responsible development of advanced AI for the long-term benefit of humanity,' the company said. During his tenure at the US Federal Reserve Chair, Bernanke led the central bank through the 2008 global financial crisis and subsequent recovery. Before joining the government, Bernanke spent more than 20 years in academia, primarily at Princeton University, where he chaired the economics department. His influential research on the Great Depression and the role of banks in financial crises earned him the 2022 Nobel Prize in Economic Sciences. 'The potential of artificial intelligence is enormous, and so is the range of outcomes. How that potential plays out will depend, in part, on the institutions we build around it,' said Bernanke, as per the release. Bernanke further added Anthropic's unique governance structure is designed to ensure that the long-term benefits of artificial intelligence for humanity significantly outweigh its risks. 'I am honored to have this opportunity, and I will try to contribute in any way I can to this critical mission,' he said. Anthropic is a Public Benefit Corporation, structured to balance commercial success with broader societal benefit. Its Long-Term Benefit Trust serves as an independent oversight body, helping ensure the company develops and deploys AI responsibly while staying aligned with its long-term public interest mission. Neil Buddy Shah, Chair of the LTBT said, 'The institutions built around this technology will matter as much as the technology itself.' Commenting on Ben's appointment he said 'Ben spent eight years leading the Federal Reserve and guided the country through the worst financial crisis in nearly a century with expertise, independence, and sound judgment. That's the standard we look for in Trustees as AI's impact grows, and we're fortunate Ben has chosen to join us in this work.' (ANI)
Anthropic appoints former US Fed Chair Ben Bernanke to Long-Term Benefit Trust
New Delhi [India], July 10 (ANI): Anthropic's Long-Term Benefit Trust (LTBT) has appointed former US Federal Reserve Chair Ben Bernanke as its newest member as per a statement by the company. As per the release, Ben Bernanke is a Distinguished Fellow at the Brookings Institution and led the the Federal Reserve from 2006 to 2014. 'He joins an independent body that works to hold Anthropic to its mission: the responsible development of advanced AI for the long-term benefit of humanity,' the company said. During his tenure at the US Federal Reserve Chair, Bernanke led the central bank through the 2008 global financial crisis and subsequent recovery. Before joining the government, Bernanke spent more than 20 years in academia, primarily at Princeton University, where he chaired the economics department. His influential research on the Great Depression and the role of banks in financial crises earned him the 2022 Nobel Prize in Economic Sciences. 'The potential of artificial intelligence is enormous, and so is the range of outcomes. How that potential plays out will depend, in part, on the institutions we build around it,' said Bernanke, as per the release. Bernanke further added Anthropic's unique governance structure is designed to ensure that the long-term benefits of artificial intelligence for humanity significantly outweigh its risks. 'I am honored to have this opportunity, and I will try to contribute in any way I can to this critical mission,' he said. Anthropic is a Public Benefit Corporation, structured to balance commercial success with broader societal benefit. Its Long-Term Benefit Trust serves as an independent oversight body, helping ensure the company develops and deploys AI responsibly while staying aligned with its long-term public interest mission. Neil Buddy Shah, Chair of the LTBT said, 'The institutions built around this technology will matter as much as the technology itself.' Commenting on Ben's appointment he said 'Ben spent eight years leading the Federal Reserve and guided the country through the worst financial crisis in nearly a century with expertise, independence, and sound judgment. That's the standard we look for in Trustees as AI's impact grows, and we're fortunate Ben has chosen to join us in this work.' (ANI)
Anthropic appoints former US Fed Chair Ben Bernanke to Long-Term Benefit Trust
New Delhi [India], July 10 (ANI): Anthropic's Long-Term Benefit Trust (LTBT) has appointed former US Federal Reserve Chair Ben Bernanke as its newest member as per a statement by the company. As per the release, Ben Bernanke is a Distinguished Fellow at the Brookings Institution and led the the Federal Reserve from 2006 to 2014. 'He joins an independent body that works to hold Anthropic to its mission: the responsible development of advanced AI for the long-term benefit of humanity,' the company said. During his tenure at the US Federal Reserve Chair, Bernanke led the central bank through the 2008 global financial crisis and subsequent recovery. Before joining the government, Bernanke spent more than 20 years in academia, primarily at Princeton University, where he chaired the economics department. His influential research on the Great Depression and the role of banks in financial crises earned him the 2022 Nobel Prize in Economic Sciences. 'The potential of artificial intelligence is enormous, and so is the range of outcomes. How that potential plays out will depend, in part, on the institutions we build around it,' said Bernanke, as per the release. Bernanke further added Anthropic's unique governance structure is designed to ensure that the long-term benefits of artificial intelligence for humanity significantly outweigh its risks. 'I am honored to have this opportunity, and I will try to contribute in any way I can to this critical mission,' he said. Anthropic is a Public Benefit Corporation, structured to balance commercial success with broader societal benefit. Its Long-Term Benefit Trust serves as an independent oversight body, helping ensure the company develops and deploys AI responsibly while staying aligned with its long-term public interest mission. Neil Buddy Shah, Chair of the LTBT said, 'The institutions built around this technology will matter as much as the technology itself.' Commenting on Ben's appointment he said 'Ben spent eight years leading the Federal Reserve and guided the country through the worst financial crisis in nearly a century with expertise, independence, and sound judgment. That's the standard we look for in Trustees as AI's impact grows, and we're fortunate Ben has chosen to join us in this work.' (ANI)
Polymarket odds peg BTC above $52K at 99.95% as July 12 ladder tightens
predict.info -- Premium Domain For Sale Domain only: USD 200,000. Prediction platform technology priced separately. predict.info Polymarket's BTC July 12 Ladder Holds Steady After U.S.-Iran Tension Headlines Polymarket's Bitcoin ladder for July 12 is pricing a high-confidence floor, with "BTC above $52,000" at 99.95% on $280,453 in volume. The tight range of per-strike odds follows a macro-news beat about muted crypto reaction to renewed U.S.-Iran tensions, giving a clean read on where traders place the key cutoff levels by expiry. Key Takeaways * Polymarket's leading line is BTC above $52,000 on July 12 at 99.95% implied odds. * After a headline framing bitcoin as steady amid renewed U.S.-Iran tensions, the ladder concentrates probability around the low-$60Ks rather than tail strikes. * This market resolves at 2026-07-12 16:00:00 UTC, so the relevant question is the price level at that timestamp, not intraday moves. A market update described bitcoin holding above $62,000 with muted reaction as U.S.-Iran tensions escalated again, while oil rose for a third day and gold slid for a fourth. The piece tied the move to rate expectations and front-end yields, and flagged $60,000 as a key level traders are watching into further escalation. Strike-by-Strike Odds and Liquidity: $280,453 Volume, 99.95% Above $52K and a 54.5%/45.5% Pivot at $64K This is a price-ladder contract: each strike is a separate Yes/No market on whether BTC is above that level at the July 12 resolution time. Traders assign near-certainty to being above lower strikes -- $60,000 Yes 98.7% / No 1.3% -- but the probability cliff appears in the mid-$60Ks, with $64,000 Yes 54.5% / No 45.5% and $66,000 Yes 7.95% / No 92.05%. The far-right tail is priced as unlikely by expiry, with $68,000 Yes 1.0% / No 99.0% and $72,000 Yes 0.05% / No 99.95%, even as the floor strikes remain effectively locked ($52,000 Yes 99.95% / No 0.05%). With $280,453 traded and a neutral/low-volatility, stable-consensus summary (0.0 pp change over 24h and 7d in the available history), the ladder reads as a calm, tightly-held distribution rather than a market rapidly repricing on headlines; the main disagreement is concentrated around $64,000 where Yes and No are closest to even. Watch whether the 50/50 region shifts away from the $64,000 strike toward $62,000 or $66,000 as July 12 approaches; that is where this ladder will show any real repricing before expiry. What Traders Watch Next on Polymarket: BTC 50/50 Level Shifts ($62K vs $66K) and Related Macro/Crypto Contracts Driving Beyond this July 12 ladder, traders often triangulate BTC levels with nearby expiries and broader timeframes to see whether the same "coin-flip" zone is shifting. On Polymarket, that means watching big-volume brackets like 100.0% on "What price will Bitcoin hit in July?" ($5,916,146) alongside 99.95% on "Bitcoin above ___ on July 11?" ($379,763), and then zooming out to longer-horizon sentiment in "What price will Bitcoin hit in 2026?" at 100.0% ($46,849,502). For a cross-asset read on risk appetite, "What price will Ethereum hit in July?" also sits at 100.0% with $1,262,107 traded. Odds Trend By the Numbers * Platform: Polymarket * Market: Bitcoin above ___ on July 12? * Contract type: Price strike ladder: each rung has separate Yes/No; Yes means the spot price is above that USD strike at settlement. * Resolution window: Jul 12, 2026 (UTC) * Status: Active (open for trading) * Volume: ~$280,453 Top strike rungs +7 more strikes not shown
Anthropic appoints former US Fed Chair Ben Bernanke to Long-Term Benefit Trust
New Delhi [India], July 10 (ANI): Anthropic's Long-Term Benefit Trust (LTBT) has appointed former US Federal Reserve Chair Ben Bernanke as its newest member as per a statement by the company. As per the release, Ben Bernanke is a Distinguished Fellow at the Brookings Institution and led the the Federal Reserve from 2006 to 2014. 'He joins an independent body that works to hold Anthropic to its mission: the responsible development of advanced AI for the long-term benefit of humanity,' the company said. During his tenure at the US Federal Reserve Chair, Bernanke led the central bank through the 2008 global financial crisis and subsequent recovery. Before joining the government, Bernanke spent more than 20 years in academia, primarily at Princeton University, where he chaired the economics department. His influential research on the Great Depression and the role of banks in financial crises earned him the 2022 Nobel Prize in Economic Sciences. 'The potential of artificial intelligence is enormous, and so is the range of outcomes. How that potential plays out will depend, in part, on the institutions we build around it,' said Bernanke, as per the release. Bernanke further added Anthropic's unique governance structure is designed to ensure that the long-term benefits of artificial intelligence for humanity significantly outweigh its risks. 'I am honored to have this opportunity, and I will try to contribute in any way I can to this critical mission,' he said. Anthropic is a Public Benefit Corporation, structured to balance commercial success with broader societal benefit. Its Long-Term Benefit Trust serves as an independent oversight body, helping ensure the company develops and deploys AI responsibly while staying aligned with its long-term public interest mission. Neil Buddy Shah, Chair of the LTBT said, 'The institutions built around this technology will matter as much as the technology itself.' Commenting on Ben's appointment he said 'Ben spent eight years leading the Federal Reserve and guided the country through the worst financial crisis in nearly a century with expertise, independence, and sound judgment. That's the standard we look for in Trustees as AI's impact grows, and we're fortunate Ben has chosen to join us in this work.' (ANI)
Anthropic appoints former US Fed Chair Ben Bernanke to Long-Term Benefit Trust
New Delhi [India], July 10 (ANI): Anthropic's Long-Term Benefit Trust (LTBT) has appointed former US Federal Reserve Chair Ben Bernanke as its newest member as per a statement by the company. As per the release, Ben Bernanke is a Distinguished Fellow at the Brookings Institution and led the the Federal Reserve from 2006 to 2014. 'He joins an independent body that works to hold Anthropic to its mission: the responsible development of advanced AI for the long-term benefit of humanity,' the company said. During his tenure at the US Federal Reserve Chair, Bernanke led the central bank through the 2008 global financial crisis and subsequent recovery. Before joining the government, Bernanke spent more than 20 years in academia, primarily at Princeton University, where he chaired the economics department. His influential research on the Great Depression and the role of banks in financial crises earned him the 2022 Nobel Prize in Economic Sciences. 'The potential of artificial intelligence is enormous, and so is the range of outcomes. How that potential plays out will depend, in part, on the institutions we build around it,' said Bernanke, as per the release. Bernanke further added Anthropic's unique governance structure is designed to ensure that the long-term benefits of artificial intelligence for humanity significantly outweigh its risks. 'I am honored to have this opportunity, and I will try to contribute in any way I can to this critical mission,' he said. Anthropic is a Public Benefit Corporation, structured to balance commercial success with broader societal benefit. Its Long-Term Benefit Trust serves as an independent oversight body, helping ensure the company develops and deploys AI responsibly while staying aligned with its long-term public interest mission. Neil Buddy Shah, Chair of the LTBT said, 'The institutions built around this technology will matter as much as the technology itself.' Commenting on Ben's appointment he said 'Ben spent eight years leading the Federal Reserve and guided the country through the worst financial crisis in nearly a century with expertise, independence, and sound judgment. That's the standard we look for in Trustees as AI's impact grows, and we're fortunate Ben has chosen to join us in this work.' (ANI)
Anthropic appoints former US Fed Chair Ben Bernanke to Long-Term Benefit Trust
New Delhi [India], July 10 (ANI): Anthropic's Long-Term Benefit Trust (LTBT) has appointed former US Federal Reserve Chair Ben Bernanke as its newest member as per a statement by the company. As per the release, Ben Bernanke is a Distinguished Fellow at the Brookings Institution and led the the Federal Reserve from 2006 to 2014. 'He joins an independent body that works to hold Anthropic to its mission: the responsible development of advanced AI for the long-term benefit of humanity,' the company said. During his tenure at the US Federal Reserve Chair, Bernanke led the central bank through the 2008 global financial crisis and subsequent recovery. Before joining the government, Bernanke spent more than 20 years in academia, primarily at Princeton University, where he chaired the economics department. His influential research on the Great Depression and the role of banks in financial crises earned him the 2022 Nobel Prize in Economic Sciences. 'The potential of artificial intelligence is enormous, and so is the range of outcomes. How that potential plays out will depend, in part, on the institutions we build around it,' said Bernanke, as per the release. Bernanke further added Anthropic's unique governance structure is designed to ensure that the long-term benefits of artificial intelligence for humanity significantly outweigh its risks. 'I am honored to have this opportunity, and I will try to contribute in any way I can to this critical mission,' he said. Anthropic is a Public Benefit Corporation, structured to balance commercial success with broader societal benefit. Its Long-Term Benefit Trust serves as an independent oversight body, helping ensure the company develops and deploys AI responsibly while staying aligned with its long-term public interest mission. Neil Buddy Shah, Chair of the LTBT said, 'The institutions built around this technology will matter as much as the technology itself.' Commenting on Ben's appointment he said 'Ben spent eight years leading the Federal Reserve and guided the country through the worst financial crisis in nearly a century with expertise, independence, and sound judgment. That's the standard we look for in Trustees as AI's impact grows, and we're fortunate Ben has chosen to join us in this work.' (ANI)
Anthropic appoints former US Fed Chair Ben Bernanke to Long-Term Benefit Trust
New Delhi [India], July 10 (ANI): Anthropic's Long-Term Benefit Trust (LTBT) has appointed former US Federal Reserve Chair Ben Bernanke as its newest member as per a statement by the company. As per the release, Ben Bernanke is a Distinguished Fellow at the Brookings Institution and led the the Federal Reserve from 2006 to 2014. 'He joins an independent body that works to hold Anthropic to its mission: the responsible development of advanced AI for the long-term benefit of humanity,' the company said. During his tenure at the US Federal Reserve Chair, Bernanke led the central bank through the 2008 global financial crisis and subsequent recovery. Before joining the government, Bernanke spent more than 20 years in academia, primarily at Princeton University, where he chaired the economics department. His influential research on the Great Depression and the role of banks in financial crises earned him the 2022 Nobel Prize in Economic Sciences. 'The potential of artificial intelligence is enormous, and so is the range of outcomes. How that potential plays out will depend, in part, on the institutions we build around it,' said Bernanke, as per the release. Bernanke further added Anthropic's unique governance structure is designed to ensure that the long-term benefits of artificial intelligence for humanity significantly outweigh its risks. 'I am honored to have this opportunity, and I will try to contribute in any way I can to this critical mission,' he said. Anthropic is a Public Benefit Corporation, structured to balance commercial success with broader societal benefit. Its Long-Term Benefit Trust serves as an independent oversight body, helping ensure the company develops and deploys AI responsibly while staying aligned with its long-term public interest mission. Neil Buddy Shah, Chair of the LTBT said, 'The institutions built around this technology will matter as much as the technology itself.' Commenting on Ben's appointment he said 'Ben spent eight years leading the Federal Reserve and guided the country through the worst financial crisis in nearly a century with expertise, independence, and sound judgment. That's the standard we look for in Trustees as AI's impact grows, and we're fortunate Ben has chosen to join us in this work.' (ANI)
Anthropic appoints former US Fed Chair Ben Bernanke to Long-Term Benefit Trust
New Delhi [India], July 10 (ANI): Anthropic's Long-Term Benefit Trust (LTBT) has appointed former US Federal Reserve Chair Ben Bernanke as its newest member as per a statement by the company. As per the release, Ben Bernanke is a Distinguished Fellow at the Brookings Institution and led the the Federal Reserve from 2006 to 2014. 'He joins an independent body that works to hold Anthropic to its mission: the responsible development of advanced AI for the long-term benefit of humanity,' the company said. During his tenure at the US Federal Reserve Chair, Bernanke led the central bank through the 2008 global financial crisis and subsequent recovery. Before joining the government, Bernanke spent more than 20 years in academia, primarily at Princeton University, where he chaired the economics department. His influential research on the Great Depression and the role of banks in financial crises earned him the 2022 Nobel Prize in Economic Sciences. 'The potential of artificial intelligence is enormous, and so is the range of outcomes. How that potential plays out will depend, in part, on the institutions we build around it,' said Bernanke, as per the release. Bernanke further added Anthropic's unique governance structure is designed to ensure that the long-term benefits of artificial intelligence for humanity significantly outweigh its risks. 'I am honored to have this opportunity, and I will try to contribute in any way I can to this critical mission,' he said. Anthropic is a Public Benefit Corporation, structured to balance commercial success with broader societal benefit. Its Long-Term Benefit Trust serves as an independent oversight body, helping ensure the company develops and deploys AI responsibly while staying aligned with its long-term public interest mission. Neil Buddy Shah, Chair of the LTBT said, 'The institutions built around this technology will matter as much as the technology itself.' Commenting on Ben's appointment he said 'Ben spent eight years leading the Federal Reserve and guided the country through the worst financial crisis in nearly a century with expertise, independence, and sound judgment. That's the standard we look for in Trustees as AI's impact grows, and we're fortunate Ben has chosen to join us in this work.' (ANI)
Anthropic appoints former US Fed Chair Ben Bernanke to Long-Term Benefit Trust
New Delhi [India], July 10 (ANI): Anthropic's Long-Term Benefit Trust (LTBT) has appointed former US Federal Reserve Chair Ben Bernanke as its newest member as per a statement by the company. As per the release, Ben Bernanke is a Distinguished Fellow at the Brookings Institution and led the the Federal Reserve from 2006 to 2014. 'He joins an independent body that works to hold Anthropic to its mission: the responsible development of advanced AI for the long-term benefit of humanity,' the company said. During his tenure at the US Federal Reserve Chair, Bernanke led the central bank through the 2008 global financial crisis and subsequent recovery. Before joining the government, Bernanke spent more than 20 years in academia, primarily at Princeton University, where he chaired the economics department. His influential research on the Great Depression and the role of banks in financial crises earned him the 2022 Nobel Prize in Economic Sciences. 'The potential of artificial intelligence is enormous, and so is the range of outcomes. How that potential plays out will depend, in part, on the institutions we build around it,' said Bernanke, as per the release. Bernanke further added Anthropic's unique governance structure is designed to ensure that the long-term benefits of artificial intelligence for humanity significantly outweigh its risks. 'I am honored to have this opportunity, and I will try to contribute in any way I can to this critical mission,' he said. Anthropic is a Public Benefit Corporation, structured to balance commercial success with broader societal benefit. Its Long-Term Benefit Trust serves as an independent oversight body, helping ensure the company develops and deploys AI responsibly while staying aligned with its long-term public interest mission. Neil Buddy Shah, Chair of the LTBT said, 'The institutions built around this technology will matter as much as the technology itself.' Commenting on Ben's appointment he said 'Ben spent eight years leading the Federal Reserve and guided the country through the worst financial crisis in nearly a century with expertise, independence, and sound judgment. That's the standard we look for in Trustees as AI's impact grows, and we're fortunate Ben has chosen to join us in this work.' (ANI)
Anthropic appoints former US Fed Chair Ben Bernanke to Long-Term Benefit Trust
New Delhi [India], July 10 (ANI): Anthropic's Long-Term Benefit Trust (LTBT) has appointed former US Federal Reserve Chair Ben Bernanke as its newest member as per a statement by the company. As per the release, Ben Bernanke is a Distinguished Fellow at the Brookings Institution and led the the Federal Reserve from 2006 to 2014. 'He joins an independent body that works to hold Anthropic to its mission: the responsible development of advanced AI for the long-term benefit of humanity,' the company said. During his tenure at the US Federal Reserve Chair, Bernanke led the central bank through the 2008 global financial crisis and subsequent recovery. Before joining the government, Bernanke spent more than 20 years in academia, primarily at Princeton University, where he chaired the economics department. His influential research on the Great Depression and the role of banks in financial crises earned him the 2022 Nobel Prize in Economic Sciences. 'The potential of artificial intelligence is enormous, and so is the range of outcomes. How that potential plays out will depend, in part, on the institutions we build around it,' said Bernanke, as per the release. Bernanke further added Anthropic's unique governance structure is designed to ensure that the long-term benefits of artificial intelligence for humanity significantly outweigh its risks. 'I am honored to have this opportunity, and I will try to contribute in any way I can to this critical mission,' he said. Anthropic is a Public Benefit Corporation, structured to balance commercial success with broader societal benefit. Its Long-Term Benefit Trust serves as an independent oversight body, helping ensure the company develops and deploys AI responsibly while staying aligned with its long-term public interest mission. Neil Buddy Shah, Chair of the LTBT said, 'The institutions built around this technology will matter as much as the technology itself.' Commenting on Ben's appointment he said 'Ben spent eight years leading the Federal Reserve and guided the country through the worst financial crisis in nearly a century with expertise, independence, and sound judgment. That's the standard we look for in Trustees as AI's impact grows, and we're fortunate Ben has chosen to join us in this work.' (ANI)
Polymarket files three NFA applications for US margin trading
Polymarket has filed three registration applications with the National Futures Association as it seeks to introduce margin trading for U.S. users. According to the National Futures Association's BASIC database, Polymarket affiliate Coming Home GBA LLC submitted the applications through PM Derivatives LLC on July 3. The filings seek registration as a futures commission merchant, an NFA member, and a swap firm. Bloomberg previously identified Coming Home GBA as an entity affiliated with Polymarket. Approval as a futures commission merchant would allow Polymarket to support trades in which users provide only part of the contract's total value upfront. The platform would also need approval from the Commodity Futures Trading Commission before offering leveraged event contracts in the U.S. Kalshi secured similar approvals in March Rival prediction market Kalshi has already completed the NFA stage of the process. According to NFA records, its affiliate, Kinetic Markets LLC, received approval as a registered futures commission merchant and swap firm in March 2026. Polymarket's applications come as the company faces regulatory and legal scrutiny in the U.S. Bloomberg reported that the CFTC is investigating several parts of its business, including its social media operations. One part of the reported inquiry concerns allegations that Polymarket hired content creators to post promotional videos featuring simulated trades and fabricated winnings. The company has not publicly addressed those allegations. In New York, two users sued Polymarket on July 3 over the resolution of a market tied to whether Strategy would sell Bitcoin by May 31, 2026. The plaintiffs alleged the platform denied payouts to "Yes" holders even though Strategy disclosed the sale of 32 Bitcoins in an SEC filing. The complaint claimed Polymarket changed the market's clarification language after the outcome and used the timing of the disclosure, rather than the sale itself, to resolve the contract as "No." The allegations have not been proven in court. Alongside its U.S. expansion efforts, Polymarket added instant self-custodial Bitcoin deposits through the Lightning Network this week. Payment protocol Spark said the integration credits deposits in seconds after checking double-spend risk, fee levels, and replace-by-fee signals.
OpenAI Triggers AI Price War With GPT-5.6 Launch Against Anthropic Claude Dominance
OpenAI made its most aggressive competitive move yet against Anthropic, launching GPT-5.6 models and a new enterprise product called ChatGPT Work. The dual announcement signals OpenAI shift from pure capability competition to enterprise value delivery, betting that superior price-to-performance will win over corporate customers currently favoring Anthropic. The market has flipped. Ramp AI Index for May 2026 showed Anthropic at 34.4 percent of business adoption against OpenAI 32.3 percent, the first time Anthropic led on that survey. Enterprise spend tilts toward Anthropic at 32-40 percent depending on measurement, down from OpenAI dominance at 50 percent in 2023. OpenAI product leadership is accelerating to stop the bleed. The Pricing Angle OpenAI response acknowledges what enterprise buyers actually need once pilots graduate into production systems. Anthropic leaned into reliability and instruction-faithful work. OpenAI counters with price cuts and productivity features. GPT-5.6 Luna beats Claude Opus 4.8 on some benchmarks while costing less, threatening Claude core value proposition. Anthropic launched Claude Fable 5 at half the price of Mythos Preview just days before OpenAI price cuts, suggesting both companies anticipated competitive pricing pressure. The AI market is entering true competition after years of supply scarcity. Enterprise Implications Multi-model orchestration becomes real. Enterprises now compare not just capability but ROI on different model families. ChatGPT Work positions OpenAI as an alternative to Anthropic, while Anthropic continues building enterprise trust through reliability focus. The war is won not by benchmark dominance but by production performance and cost efficiency.
OpenAI unveils long-awaited "super app" as rivalry with Anthropic intensifies | New Straits Times
MEXICO CITY: OpenAI on Thursday unveiled ChatGPT Work, a new artificial intelligence (AI) agent designed to help office workers use advanced coding capabilities to create documents, presentations and websites without requiring programming expertise. The service combines OpenAI's ChatGPT chatbot with its AI coding tool, Codex, and is powered by the company's latest AI model, GPT-5.6, which also debuted on Thursday. The launch of GPT-5.6 had been delayed last month at the request of the US government over national security concerns. ChatGPT Work is OpenAI's direct response to Anthropic's Claude Cowork, introduced in January, which is capable of planning and executing multi step tasks autonomously. The launch highlights intensifying competition among AI companies to develop tools for professional users, as demand grows for AI agents capable of completing complex tasks with minimal human input. What To Read Next OpenAI and Anthropic, both reportedly preparing for potential public listings, are competing aggressively for enterprise customers, a more lucrative market than consumer products. Both ChatGPT Work and Claude Cowork are aimed at non coders seeking to use AI coding tools, which generally offer greater capabilities than standard chatbots but typically require specialised technical knowledge. OpenAI said its latest offering would be more affordable and widely available than competing products. The company also introduced three versions of its GPT-5.6 model. "You can apply the model's ability to code to solve problems across every industry," said Ty Geri, product manager for ChatGPT Work. Geri said GPT-5.6 is competitive with significantly more expensive models while operating at roughly twice the speed and at a much lower cost. The announcement also reflects growing concerns among businesses over the expense of deploying advanced AI tools. Max Weinbach, an analyst at consulting firm Creative Strategies, said the smallest version of OpenAI's new model can perform tasks almost as effectively as the largest version at about one fifth of the cost. "This is the first time where I've seen the small models complete these kinds of tasks," he said. Before launching ChatGPT Work, OpenAI's AI agent offerings included Operator and Deep Research, which were later consolidated into ChatGPT Agent for individual users, as well as Workspace Agents for enterprise workflow automation. ChatGPT Work will begin rolling out on Thursday for web and mobile users, starting with Pro, Enterprise and Edu subscribers before expanding to Plus and Business users over the next few days. OpenAI also introduced a new ChatGPT desktop application and a hosted websites feature, allowing users to build and share websites directly through ChatGPT Work.
China Warns of "Backdoor" Security Risk in Anthropic's Claude Code
A cybersecurity platform run by China's industry ministry has warned that it found a serious security "backdoor" risk in Anthropic's AI coding tool, Claude Code. The National Vulnerability Database, affiliated with the Ministry of Industry and Information Technology, posted the alert on Wednesday. It said the tool's built-in monitoring can transmit sensitive information, including a user's location and identity, to a remote server without consent. Key Takeaways * China's National Vulnerability Database said Claude Code contains a "security back-door vulnerability that poses a serious threat," affecting versions 2.1.91 through 2.1.196. * That version range spans releases from April 2 to June 29; the latest build as of Wednesday was 2.1.204, three point releases past the flagged cutoff. * Anthropic said the code was an experiment earlier this year to protect against distillation, and noted its policy bars use by entities majority-owned by China-headquartered organizations. Claude Code is an agentic tool that can generate, debug, and review code from user prompts. The NVDB statement, translated from Chinese, said the affected versions could send data including a user's location and identity to a remote server without permission. The agency advised users to uninstall the flagged versions or upgrade to a secure release, and to tighten controls on external network access and traffic monitoring within core business networks. Anthropic pushed back. Asked about the warning, the company said the "backdoor" was an experiment earlier this year meant to protect against distillation, the practice of extracting a model's capabilities to train a rival. It also pointed out that its policy prohibits use by entities majority-owned by China-headquartered organizations, meaning the flagged users were not supposed to be running the product. A Wider US-China Tech Standoff The alert lands as the US-China AI contest intensifies. Last month Anthropic accused Chinese company Alibaba of trying to extract its AI capabilities, which are not officially available in China. Alibaba did not comment at the time, and has since ordered employees to stop using Anthropic tools for work starting July 10, directing them to its own coding platform instead. Many developers in China still reach US tools through VPNs and proxies; in March, a Xiaomi AI developer said at a state forum that many were using Claude Code. The technical claim itself is not unusual on its face. Most modern developer tools send telemetry, crash reports, and usage data back to their makers, and whether that amounts to a backdoor depends on scope, disclosure, and consent, none of which the notice specified. Independent researchers outside China have not yet corroborated the claim, and no CVE has been filed against the affected versions. Anthropic has said the users being advised to uninstall were not meant to have access in the first place. The bigger story is a market splitting along national lines. The episode adds Anthropic to a short list of US labs formally warned against inside China, part of a decoupling that is reshaping how enterprise AI gets sold. Anthropic has spent the year expanding Claude Code across new surfaces and growing its paying base, even as US export controls and cross-border tensions complicate its reach. The distillation fight also has history: the company previously cut off a rival's access over terms-of-service violations, underscoring how aggressively frontier labs now guard their models. For most Chinese users the practical impact is limited, since the product was never officially sold there, but the reputational note becomes a talking point in markets where it does compete.
OpenAI unveils long-awaited "super app" as rivalry with Anthropic intensifies
ChatGPT Work will be available on web and mobile from July 9, including a desktop app and hosted websites feature for easy content creation and sharing. WASHINGTON - OpenAI showcased a new AI agent on July 9 meant to help white-collar workers access the power of coding tools without the sticker shock. The agent, called ChatGPT Work, combines OpenAI's popular chatbot with its AI coding tool, Codex, to create documents, presentations and websites, the company said. The service is powered by OpenAI's most advanced AI model, GPT-5.6, which also debuted on July 9. That model's launch was delayed in June at the US government's request over national security fears. ChatGPT Work is a direct answer to Anthropic's Claude Cowork, an agent it launched in January that is capable of planning and executing multi-step tasks autonomously. The launch reflects intensifying competition to build and sell AI tools for professional use, as technology companies seek to capitalise on rising demand for autonomous agents that can complete complex tasks with minimal human input. Anthropic and OpenAI - both of which are preparing for possible public offerings soon - are fighting for enterprise business, which is more lucrative than selling products to consumers. Both ChatGPT Work and Claude Cowork are designed for non-coders who want to tap into the abilities of AI coding tools, which are often more capable than standard chatbots but require specialised knowledge. OpenAI officials emphasised that its new offerings would be both cheaper and more broadly available than its rivals' products. The company launched three different sizes of its 5.6 model. "You can apply the model's ability to code to solve problems across every industry," said Ty Geri, product manager for ChatGPT Work, in an interview. Geri described OpenAI's 5.6 model as "competitive with models that are far, far more expensive at twice the speed and much, much cheaper". The July 9 announcement also underscores a growing concern among companies about the high cost of using such AI tools. Max Weinbach, analyst at consulting firm Creative Strategies, said the smallest version of OpenAI's new model can complete a task about as well as the largest version - but at one-fifth of the cost. "This is the first time where I've seen the small models complete these kinds of tasks," he said. Before this launch, OpenAI's agentic offerings included Operator and deep research, later consolidated into ChatGPT Agent for individual users, as well as Workspace Agents for enterprise workflow automation. ChatGPT Work will roll out on July 9 on web and mobile, beginning with Pro, Enterprise and Edu users, and will expand to Plus and Business users over the next few days. OpenAI also announced a new ChatGPT desktop application and a hosted websites feature to let users build and share websites directly through ChatGPT Work. REUTERS
OpenAI unveils long-awaited "super app" as rivalry with Anthropic intensifies
OPENAI showcased a new AI agent on Thursday (Jul 9) meant to help white-collar workers access the power of coding tools without the sticker shock. The agent, called ChatGPT Work, combines OpenAI's popular chatbot with its AI coding tool, Codex, to create documents, presentations and websites, the company said. The service is powered by OpenAI's most advanced AI model, GPT-5.6, which also debuted on Thursday. That model's launch was delayed last month at the US government's request over national security fears. ChatGPT Work is a direct answer to Anthropic's Claude Cowork, an agent it launched in January that is capable of planning and executing multi-step tasks autonomously. The launch reflects intensifying competition to build and sell AI tools for professional use, as technology companies seek to capitalise on rising demand for autonomous agents that can complete complex tasks with minimal human input. Anthropic and OpenAI -- both of which are preparing for possible public offerings soon - are fighting for enterprise business, which is more lucrative than selling products to consumers. Both ChatGPT Work and Claude Cowork are designed for non-coders who want to tap into the abilities of AI coding tools, which are often more capable than standard chatbots but require specialised knowledge. OpenAI officials emphasised that its new offerings would be both cheaper and more broadly available than its rivals' products. The company launched three different sizes of its 5.6 model. "You can apply the model's ability to code to solve problems across every industry," said Ty Geri, product manager for ChatGPT Work, in an interview. Geri described OpenAI's 5.6 model as "competitive with models that are far, far more expensive at twice the speed and much, much cheaper." Thursday's announcement also underscores a growing concern among companies about the high cost of using such AI tools. Max Weinbach, analyst at consulting firm Creative Strategies, said the smallest version of OpenAI's new model can complete a task about as well as the largest version - but at one-fifth of the cost. "This is the first time where I've seen the small models complete these kinds of tasks," he said. Before this launch, OpenAI's agentic offerings included Operator and deep research, later consolidated into ChatGPT Agent for individual users, as well as Workspace Agents for enterprise workflow automation. ChatGPT Work will roll out on Thursday on web and mobile, beginning with Pro, Enterprise, and Edu users, and will expand to Plus and Business users over the next few days. OpenAI also announced a new ChatGPT desktop application and a hosted websites feature to let users build and share websites directly through ChatGPT Work. REUTERS
Watch a SpaceX Falcon 9 rocket launch for record-breaking 36th time early on July 9
The upcoming launch will be the 80th Falcon 9 mission of the year, with about 80% of the rocket's 2026 flights dedicated to expanding the Starlink satellite network, which currently consists of over 10,700 active satellites. When you buy through links on our articles, Future and its syndication partners may earn a commission. A SpaceX Falcon 9 rocket will launch for a record-breaking 36th time early Thursday morning (July 9), and you can watch the action live. The Falcon 9 is scheduled to lift off from Florida's Cape Canaveral Space Force Station on Thursday at 5:25 a.m. EDT (0925 GMT), carrying 29 of the company's Starlink broadband satellites to low Earth orbit (LEO). You can watch it live via SpaceX beginning about 10 minutes before launch. This particular booster, known as 1067, has already completed 35 orbital missions, more than any other SpaceX rocket in history. The overall record is held by NASA's space shuttle Discovery, which flew to orbit and back 39 times. Thursday's flight will extend Booster 1067's company record. If all goes to plan, the rocket will come back to Earth about 8.5 minutes after liftoff, landing on the SpaceX drone ship "A Shortfall of Gravitas" stationed in the Atlantic Ocean. The Falcon 9's upper stage, meanwhile, will haul the 29 Starlink satellites to LEO, deploying them there 63.5 minutes after launch. Previous Booster 1067 missions CRS-22 | Crew-3 | Turksat 5B | Crew-4 | CRS-25 | Eutelsat HOTBIRD 13G | O3B mPOWER | PSN SATRIA | Telkomsat Marah Putih 2 | Galileo L13 | Koreasat-6A | 24 Starlink missions Thursday's launch will be the 80th Falcon 9 mission of the year already. About 80% of the rocket's 2026 flights have been devoted to building out Starlink, by far the largest satellite network ever assembled. The megaconstellation currently consists of more than 10,700 active satellites, according to tracker Jonathan McDowell. And, as the upcoming launch shows, that number is growing all the time.