The latest news and updates from companies in the WLTH portfolio.
Travel chaos has ensued after overhead wire problems between Shenfield and Chelmsford blocked the line towards Colchester. The disruption has led to train services being cancelled, delayed, or revised, with no clear end in sight. The affected routes include Liverpool Street to Braintree, Colchester, Clacton, Ipswich, and Norwich. Network Rail staff are currently on-site attempting to solve the issue. Greater Anglia has advised customers to expect delays, short-notice changes, and cancellations. The Elizabeth Line is accepting Greater Anglia tickets for travel between Liverpool Street and Shenfield. Similarly, c2c services will accept Greater Anglia tickets between Fenchurch Street and Southend Central. For those travelling from London to Norwich, Greater Anglia has suggested using the Stansted Express from London Liverpool Street to Stansted Airport, then changing for services to Norwich. Alternatively, passengers can travel on Greater Anglia trains to Cambridge, then change for the first available train to Ely and then again at Ely for Norwich. This journey is estimated to take up to three hours. Travellers from London to Ipswich are advised to take the Greater Anglia train from London Liverpool Street to Cambridge and change there for services to Ipswich, with a similar journey time of up to three hours. Greater Anglia and Network Rail have apologised for any disruptions. Advance purchase ticket holders will be allowed to travel on earlier or later trains if their booked service is cancelled. Passengers delayed by 15 minutes or more may be eligible for compensation. For more information, visit greateranglia.co.uk/about-us/our-performance/delay-repay. Full-size bicycles, e-scooters, electric cycles, and folding electric cycles are not allowed on rail replacement buses or coaches. The exact cause of the wire problems has not been specified, but further updates are expected. Passengers can check the status of their next train and alternative options using Greater Anglia's live map. Network Rail has also provided a guide to common causes of delays and their efforts to reduce these.

Travel chaos has ensued after overhead wire problems between Shenfield and Chelmsford blocked the line towards Colchester. The disruption has led to train services being cancelled, delayed, or revised, with no clear end in sight. The affected routes include Liverpool Street to Braintree, Colchester, Clacton, Ipswich, and Norwich. Network Rail staff are currently on-site attempting to solve the issue. Greater Anglia has advised customers to expect delays, short-notice changes, and cancellations. The Elizabeth Line is accepting Greater Anglia tickets for travel between Liverpool Street and Shenfield. Similarly, c2c services will accept Greater Anglia tickets between Fenchurch Street and Southend Central. For those travelling from London to Norwich, Greater Anglia has suggested using the Stansted Express from London Liverpool Street to Stansted Airport, then changing for services to Norwich. Alternatively, passengers can travel on Greater Anglia trains to Cambridge, then change for the first available train to Ely and then again at Ely for Norwich. This journey is estimated to take up to three hours. Travellers from London to Ipswich are advised to take the Greater Anglia train from London Liverpool Street to Cambridge and change there for services to Ipswich, with a similar journey time of up to three hours. Greater Anglia and Network Rail have apologised for any disruptions. Advance purchase ticket holders will be allowed to travel on earlier or later trains if their booked service is cancelled. Passengers delayed by 15 minutes or more may be eligible for compensation. For more information, visit greateranglia.co.uk/about-us/our-performance/delay-repay. Full-size bicycles, e-scooters, electric cycles, and folding electric cycles are not allowed on rail replacement buses or coaches. The exact cause of the wire problems has not been specified, but further updates are expected. Passengers can check the status of their next train and alternative options using Greater Anglia's live map. Network Rail has also provided a guide to common causes of delays and their efforts to reduce these.
Travel chaos has ensued after overhead wire problems between Shenfield and Chelmsford blocked the line towards Colchester. The disruption has led to train services being cancelled, delayed, or revised, with no clear end in sight. The affected routes include Liverpool Street to Braintree, Colchester, Clacton, Ipswich, and Norwich. Network Rail staff are currently on-site attempting to solve the issue. Greater Anglia has advised customers to expect delays, short-notice changes, and cancellations. The Elizabeth Line is accepting Greater Anglia tickets for travel between Liverpool Street and Shenfield. Similarly, c2c services will accept Greater Anglia tickets between Fenchurch Street and Southend Central. For those travelling from London to Norwich, Greater Anglia has suggested using the Stansted Express from London Liverpool Street to Stansted Airport, then changing for services to Norwich. Alternatively, passengers can travel on Greater Anglia trains to Cambridge, then change for the first available train to Ely and then again at Ely for Norwich. This journey is estimated to take up to three hours. Travellers from London to Ipswich are advised to take the Greater Anglia train from London Liverpool Street to Cambridge and change there for services to Ipswich, with a similar journey time of up to three hours. Greater Anglia and Network Rail have apologised for any disruptions. Advance purchase ticket holders will be allowed to travel on earlier or later trains if their booked service is cancelled. Passengers delayed by 15 minutes or more may be eligible for compensation. For more information, visit greateranglia.co.uk/about-us/our-performance/delay-repay. Full-size bicycles, e-scooters, electric cycles, and folding electric cycles are not allowed on rail replacement buses or coaches. The exact cause of the wire problems has not been specified, but further updates are expected. Passengers can check the status of their next train and alternative options using Greater Anglia's live map. Network Rail has also provided a guide to common causes of delays and their efforts to reduce these.

Travel chaos has ensued after overhead wire problems between Shenfield and Chelmsford blocked the line towards Colchester. The disruption has led to train services being cancelled, delayed, or revised, with no clear end in sight. The affected routes include Liverpool Street to Braintree, Colchester, Clacton, Ipswich, and Norwich. Network Rail staff are currently on-site attempting to solve the issue. Greater Anglia has advised customers to expect delays, short-notice changes, and cancellations. The Elizabeth Line is accepting Greater Anglia tickets for travel between Liverpool Street and Shenfield. Similarly, c2c services will accept Greater Anglia tickets between Fenchurch Street and Southend Central. For those travelling from London to Norwich, Greater Anglia has suggested using the Stansted Express from London Liverpool Street to Stansted Airport, then changing for services to Norwich. Alternatively, passengers can travel on Greater Anglia trains to Cambridge, then change for the first available train to Ely and then again at Ely for Norwich. This journey is estimated to take up to three hours. Travellers from London to Ipswich are advised to take the Greater Anglia train from London Liverpool Street to Cambridge and change there for services to Ipswich, with a similar journey time of up to three hours. Greater Anglia and Network Rail have apologised for any disruptions. Advance purchase ticket holders will be allowed to travel on earlier or later trains if their booked service is cancelled. Passengers delayed by 15 minutes or more may be eligible for compensation. For more information, visit greateranglia.co.uk/about-us/our-performance/delay-repay. Full-size bicycles, e-scooters, electric cycles, and folding electric cycles are not allowed on rail replacement buses or coaches. The exact cause of the wire problems has not been specified, but further updates are expected. Passengers can check the status of their next train and alternative options using Greater Anglia's live map. Network Rail has also provided a guide to common causes of delays and their efforts to reduce these.
Travel chaos has ensued after overhead wire problems between Shenfield and Chelmsford blocked the line towards Colchester. The disruption has led to train services being cancelled, delayed, or revised, with no clear end in sight. The affected routes include Liverpool Street to Braintree, Colchester, Clacton, Ipswich, and Norwich. Network Rail staff are currently on-site attempting to solve the issue. Greater Anglia has advised customers to expect delays, short-notice changes, and cancellations. The Elizabeth Line is accepting Greater Anglia tickets for travel between Liverpool Street and Shenfield. Similarly, c2c services will accept Greater Anglia tickets between Fenchurch Street and Southend Central. For those travelling from London to Norwich, Greater Anglia has suggested using the Stansted Express from London Liverpool Street to Stansted Airport, then changing for services to Norwich. Alternatively, passengers can travel on Greater Anglia trains to Cambridge, then change for the first available train to Ely and then again at Ely for Norwich. This journey is estimated to take up to three hours. Travellers from London to Ipswich are advised to take the Greater Anglia train from London Liverpool Street to Cambridge and change there for services to Ipswich, with a similar journey time of up to three hours. Greater Anglia and Network Rail have apologised for any disruptions. Advance purchase ticket holders will be allowed to travel on earlier or later trains if their booked service is cancelled. Passengers delayed by 15 minutes or more may be eligible for compensation. For more information, visit greateranglia.co.uk/about-us/our-performance/delay-repay. Full-size bicycles, e-scooters, electric cycles, and folding electric cycles are not allowed on rail replacement buses or coaches. The exact cause of the wire problems has not been specified, but further updates are expected. Passengers can check the status of their next train and alternative options using Greater Anglia's live map. Network Rail has also provided a guide to common causes of delays and their efforts to reduce these.
Travel chaos has ensued after overhead wire problems between Shenfield and Chelmsford blocked the line towards Colchester. The disruption has led to train services being cancelled, delayed, or revised, with no clear end in sight. The affected routes include Liverpool Street to Braintree, Colchester, Clacton, Ipswich, and Norwich. Network Rail staff are currently on-site attempting to solve the issue. Greater Anglia has advised customers to expect delays, short-notice changes, and cancellations. The Elizabeth Line is accepting Greater Anglia tickets for travel between Liverpool Street and Shenfield. Similarly, c2c services will accept Greater Anglia tickets between Fenchurch Street and Southend Central. For those travelling from London to Norwich, Greater Anglia has suggested using the Stansted Express from London Liverpool Street to Stansted Airport, then changing for services to Norwich. Alternatively, passengers can travel on Greater Anglia trains to Cambridge, then change for the first available train to Ely and then again at Ely for Norwich. This journey is estimated to take up to three hours. Travellers from London to Ipswich are advised to take the Greater Anglia train from London Liverpool Street to Cambridge and change there for services to Ipswich, with a similar journey time of up to three hours. Greater Anglia and Network Rail have apologised for any disruptions. Advance purchase ticket holders will be allowed to travel on earlier or later trains if their booked service is cancelled. Passengers delayed by 15 minutes or more may be eligible for compensation. For more information, visit greateranglia.co.uk/about-us/our-performance/delay-repay. Full-size bicycles, e-scooters, electric cycles, and folding electric cycles are not allowed on rail replacement buses or coaches. The exact cause of the wire problems has not been specified, but further updates are expected. Passengers can check the status of their next train and alternative options using Greater Anglia's live map. Network Rail has also provided a guide to common causes of delays and their efforts to reduce these.

Travel chaos has ensued after overhead wire problems between Shenfield and Chelmsford blocked the line towards Colchester. The disruption has led to train services being cancelled, delayed, or revised, with no clear end in sight. The affected routes include Liverpool Street to Braintree, Colchester, Clacton, Ipswich, and Norwich. Network Rail staff are currently on-site attempting to solve the issue. Greater Anglia has advised customers to expect delays, short-notice changes, and cancellations. The Elizabeth Line is accepting Greater Anglia tickets for travel between Liverpool Street and Shenfield. Similarly, c2c services will accept Greater Anglia tickets between Fenchurch Street and Southend Central. For those travelling from London to Norwich, Greater Anglia has suggested using the Stansted Express from London Liverpool Street to Stansted Airport, then changing for services to Norwich. Alternatively, passengers can travel on Greater Anglia trains to Cambridge, then change for the first available train to Ely and then again at Ely for Norwich. This journey is estimated to take up to three hours. Travellers from London to Ipswich are advised to take the Greater Anglia train from London Liverpool Street to Cambridge and change there for services to Ipswich, with a similar journey time of up to three hours. Greater Anglia and Network Rail have apologised for any disruptions. Advance purchase ticket holders will be allowed to travel on earlier or later trains if their booked service is cancelled. Passengers delayed by 15 minutes or more may be eligible for compensation. For more information, visit greateranglia.co.uk/about-us/our-performance/delay-repay. Full-size bicycles, e-scooters, electric cycles, and folding electric cycles are not allowed on rail replacement buses or coaches. The exact cause of the wire problems has not been specified, but further updates are expected. Passengers can check the status of their next train and alternative options using Greater Anglia's live map. Network Rail has also provided a guide to common causes of delays and their efforts to reduce these.

SpaceX is gearing up to take potential anchor investors in its IPO on a tour of its marquee sites across America, people familiar with the plans said, as billionaire Elon Musk's company targets the biggest ever market debut. The rocket, satellite and artificial intelligence company is looking to showcase facilities in California and Texas over a few days in visits for investors who could take large stakes in the offering, such as sovereign wealth funds, according to the people. SpaceX plans to charter a plane out of New York in the coming weeks for investor visits that could include Mississippi -- where xAI is building a huge data center campus -- one of the people said. The company has filed confidentially to go public and is seeking to raise as much as $75 billion at a valuation of more than $2 trillion, Bloomberg News has reported, which would be the largest IPO of all time. A number of advisers on the listing are working around the clock, a different person said, asking not to be identified as the information isn't public. The process has drawn a media frenzy that some executives aren't thrilled about. Chief Financial Officer Bret Johnsen is telling bankers he's unhappy about the leaks of detail on the blockbuster IPO plans, some of the people said. Johnsen has reminded the banks working on the IPO that the information is meant to remain confidential, they said. In an internal email in December, SpaceX told staff the company is entering a regulatory quiet period, and that employees should refrain from commenting on or discussing the IPO, including topics such as the firm's growth or valuation, in accordance with the US Securities and Exchange Commission rules, people familiar with the matter have said. Read More on SpaceX's Plans for an IPO and BeyondAlphabet Poised for $100 Billion Windfall on SpaceX InvestmentSpaceX's IPO Is Musk's Most Audacious Product Launch YetIntel to Join Musk's Terafab in Surprise Move, Lifting StockIs SpaceX Worth $2 Trillion? Key Questions for Musk's Big IPO The company is scheduled to host an analyst day later in the month, people familiar with the matter have said. SpaceX is expected to file publicly later in May for the IPO before kicking off formal marketing the week of June 8, some of the people said. The IPO is anticipated to price the week of June 15, they said. Details of the site visits and the key dates could change and no final decisions have been made, the people said. Some of the dates were reported earlier by Reuters. A representative for SpaceX didn't immediately respond to a request for comment. SpaceX has picked Bank of America Corp., Citigroup Inc., Goldman Sachs Group Inc., JPMorgan Chase & Co. and Morgan Stanley for senior roles on the IPO, people familiar with the matter have said, and has added more banks to the lineup. Read more on IPOs: For the latest news on equity capital markets activity in the US, Canada and Latin America, follow the channel or visit NI BFWECMUS. To subscribe to ECM Watch, Bloomberg's daily roundup of news from around the region, click here. Barclays Plc is in charge of UK IPO share orders, Deutsche Bank AG and UBS Group AG are working on European orders, the people have said. Royal Bank of Canada is managing share orders from Canada, Mizuho Financial Group Inc. is working on Asia orders and Macquarie Group Ltd. is focused on Australia, Bloomberg News has reported.

Google's parent company, Alphabet, could be sitting on a roughly $100 billion windfall from its early investment in SpaceX, according to a new filing that sheds light on the size of Google's stake in Elon Musk's rocket company ahead of its planned stock market debut. Google LLC owned a 6.11% stake in SpaceX at the end of 2025, according to a disclosure filed in the US state of Alaska earlier this week, where companies must report holders with stakes of 5% or more. Based on a potential $2 trillion valuation that SpaceX is seeking to exceed in its initial public offering, the holding would be worth around $122 billion. The stake has likely been diluted since SpaceX's merger with xAI in February, leaving Google with roughly 5% of the company. At the same $2 trillion valuation, the stake would still be worth about $100 billion. The filing marks the first public disclosure of the precise size of Google's SpaceX holding, although Alphabet had previously acknowledged investment in the company. Musk, who is estimated to own 40% of SpaceX, and Google were the only entities required to disclose stakes in the filing. SpaceX has filed confidentially for an initial public offering (IPO) and is targeting a June listing. The company is expected to raise as much as $75 billion in what could become the largest IPO on record.
Anthropic's latest AI model, named Claude Mythos Preview, is capable of hacking into major banking systems, perhaps many at once, and doing massive damage if it fell into the wrong hands. Banks are being encouraged to test it out. In case you missed the announcement last week, Anthropic has a new high-level AI coding model called Claude Mythos Preview, or just Mythos for short. Immediately upon announcing it, Anthropic also announced Project Glasswing, a joint initiative among multiple companies -- Amazon Web Services, Anthropic, Apple, Broadcom, Cisco, CrowdStrike, Google, JPMorganChase, the Linux Foundation, Microsoft, NVIDIA, and Palo Alto Networks -- to "secure the world's most critical software." The reason for Project Glasswing is that Mythos is reportedly capable of hacking into major computer networks at scale, and has indeed "already found thousands of high-severity vulnerabilities, including some in every major operating system and web browser." [Italics theirs] Security researcher Costin Raiu points specifically to IBM-built banking systems from decades back, telling Reuters this week, "A model like Mythos would have a field day finding exploits" in those systems. "And it's just one example of ancient technologies powering the financial industry," Raiu adds. Mythos hasn't technically been released, and won't be released to the public because of these potential dangers. Large banks, which are mostly run on legacy software, are being encouraged by the White House to test out Mythos and use it to build up their own defenses against AI-powered exploits. IBM said last week that Mythos is already "forcing enterprise security teams to rethink their defenses from the ground up." As TechCrunch reports, Anthropic co-founder Jack Clark confirmed this week that the Trump adminsitration had been briefed on Mythos and its capabilities, which prompted Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell to call a meeting with banking executives this week. The administration told banks they should be ready "to understand and anticipate a wide range of market developments" because of this new AI model. JPMorgan Chase, which is one of the banks that is doing some preview testing work with Mythos, put out a statement calling the project "a unique, early-stage opportunity to evaluate next-generation AI tools for defensive cybersecurity across critical infrastructure." As Reuters reports, government officials in the UK and Canada have also met with banking institutions to discuss the potential threats posed by Mythos. Security expert David Lindner tells Fortune that the problem will be doing all the work to fix vulnerabilities in systems that do exist -- many of which companies are already aware of. Lindner also warns that Mythos won't stay "unreleased" for long. "Even if they, quote unquote, don't release it, China will have a version in five or six months, and there'll be an open-source version within a year or two," Lindner tells Fortune. Anthropic calls its Project Glasswing "a starting point," but the potential for future catastrophes seems clear. "No one organization can solve these cybersecurity problems alone: frontier AI developers, other software companies, security researchers, open-source maintainers, and governments across the world all have essential roles to play," the Anthropic blog post says. "The work of defending the world's cyber infrastructure might take years; frontier AI capabilities are likely to advance substantially over just the next few months. For cyber defenders to come out ahead, we need to act now." Related: Trump Administration Still Used Anthropic's Claude In Iran Strikes, Hours After Trump Banned Anthropic

Anthropic is emerging as a key player in the AI investment race, with multiple venture firms recently approaching the company with offers that could value it at as much as $800 billion, reports Business Insider. This comes just months after the company's $30 billion Series G round valued it at around $380 billion. The timing of this potential surge is noteworthy, as the Dario Amodei-led firm is expected to raise more than $60 billion in a potential IPO. The sudden surge in investor interest shows Anthropic's rapid growth, as revenue climbed from $1 billion to $9 billion in 2025 and now stands at a $30 billion annual run-rate. A significant portion of this growth is tied to the firm's expanding enterprise footprint. The company now serves over 1,000 high-value customers, many of whom commit more than $1 million annually for access to its AI systems. These clients span sectors like financial services, healthcare, legal operations, and large-scale software development. At the center of this expansion is the Claude family of AI models, which has evolved into a multi-product ecosystem. Beyond conversational AI, the company has introduced specialized offerings like coding assistants and enterprise workflow tools. One of its fastest-growing segments, its coding-focused product line, has already scaled into a multi-billion-dollar revenue stream on its own. Another major factor driving valuation expectations is Anthropic's deep involvement in the AI infrastructure layer. Notably, training and operating advanced AI models require vast computational resources, and the company has secured large-scale partnerships with cloud providers and chip manufacturers to meet this demand. Even recent reports suggest that the firm has also explored the possibility of designing its own hardware. However, despite such large investor offers, Anthropic has reportedly not rushed to accept funding at these high valuation levels. The company is said to be carefully evaluating its options, which may include securing better terms or focusing on its upcoming IPO for now. Recent reports suggest that the company is aiming for an IPO as early as October 2026. It is important to note that no formal filing has been made yet, and timelines could still change. The scenario becomes critical as Anthropic's biggest competitor, OpenAI, has already reached a valuation of about $852 billion following a $122 billion funding round completed in March 2026. The Tech Portal is published by Blue Box Media Private Limited. Our investors have no influence over our reporting. Read our full Ownership and Funding Disclosure →

FRANKFURT, April 15 : European Central Bank supervisors are set to quiz bankers about the risks that Anthropic's new artificial intelligence model might supercharge cyberattacks, one source familiar with the situation told Reuters on Wednesday. Anthropic's Mythos is seen by cybersecurity experts as posing significant challenges to the banking industry and its legacy technology systems, raising alarm bells among regulators in Britain and the U.S. ECB supervisors are gathering information about the model, with a view to asking banks on their watch about their preparedness for this new possible source of risk, said the source who spoke on condition of anonymity because they are not authorised to comment publicly on the matter. Unlike in the U.S., this effort will be carried out via the ECB's regular dialogue with bank staff and no ad-hoc meeting with top management has been scheduled yet. Mythos' capabilities to code at a high level have given it a potentially unprecedented ability to identify cybersecurity vulnerabilities and devise ways to exploit them, experts told Reuters. This aspect is why Anthropic has said the current iteration, Claude Mythos Preview, will not be made generally available. Instead, the company announced Project Glasswing, in which it invited major tech companies, cybersecurity vendors and JPMorgan Chase, along with several dozen other organizations, to privately evaluate the model and prepare defences accordingly. TRUMP BACKS AI SAFEGUARDS IN BANKING SYSTEM U.S. Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell convened an urgent meeting with bank chief executives last week to warn them about the risks, which President Donald Trump acknowledged on Wednesday. Trump also backed government safeguards. St. Louis Fed President Alberto Musalem told Reuters the development emphasized the need for the U.S. central bank to "revisit how we're thinking about cybersecurity" and to check in with banks about their own "resilience and robustness to cyber risk in this new world." "Our cyber teams are engaged with the substance of it, not the news of it, but the actual substance of it. And we're evaluating," Musalem told Reuters in an interview on Wednesday. Britain's Technology Secretary Liz Kendall and Security Minister Dan Jarvis sounded a similar warning to businesses on Wednesday, saying Mythos was "substantially more capable at cyber offence" than any model previously tested by the government's AI Security Institute. A new generation of AI models is "becoming capable of doing work that previously required rare expertise: finding weaknesses in software, writing the code to exploit them, and doing so at a speed and scale that would have been impossible even a year ago," they said in an open letter to businesses. Bank of England Governor Andrew Bailey said this week that central banks and financial regulators must quickly understand the implications of the new model. In Canada, Mythos was discussed at a meeting last Friday about cybersecurity attended by representatives of the Finance Ministry and the Bank of Canada as well as bank executives, a ministry spokesperson said. The ECB already had listed tech risk as one of its top priorities for the 2026-2028 period.
Alphabet's 2015 investment in SpaceX is about to pay off handsomely with the company's hotly anticipated IPO later this year, which is expected to be the largest in history. Bloomberg reports that according to new financial filings, Alphabet's investment could be worth up to $100 billion. Google invested in SpaceX in 2015 when it, along with Fidelity, invested $1 billion in a round that valued SpaceX at $10 billion. At the end of 2025, Google owned just over 6% of SpaceX, according to Bloomberg's reporting on the more recent filings. That stake has likely been diluted due to SpaceX's merger with xAI.

SAN DIEGO (FOX 5/KUSI) -- A SpaceX rocket launched in Southern California Tuesday night carrying about two dozen Starlink satellites into space, and some residents across San Diego County were able catch a glimpse of the rocket streaking through the sky. A SpaceX Falcon 9 rocket launched from the Vandenberg Space Force Base in Southern California at 9:29 p.m. PDT on Tuesday carrying 25 Starlink satellites, a delay from the scheduled 7 p.m. launch. Next Spaceflight shows the rocket headed south after its launch, crossing the Pacific Ocean, and was seen from some parts of San Diego County even though the sky was mostly dark by then. The satellites were launched into low-Earth orbit and successfully deployed by 10:32 p.m., SpaceX announced. Watch the SpaceX Starlink mission replay on X. The company confirmed that following stage separation, the first stage of the rocket landed on the Of Course I Still Love You droneship in the Pacific Ocean. Another rocket launched from the United States and SpaceX on Tuesday. A Falcon 9 launched 29 Starlink satellites into low-Earth orbit from the Cape Canaveral Space Force Station in Florida at 5:23 a.m. ET. Following stage separation of that rocket, the first stage landed on the Just Read the Instructions droneship in the Atlantic Ocean. SpaceX has several more upcoming launches already planned from Vandenberg Space Force Base on April 18, April 21, April 25 and April 28.

The arrangement marks a new strategy for xAI in a competitive AI landscape. Elon Musk's AI company, xAI, plans to put its stockpile of computing power to use in a new arrangement with coding startup Cursor, according to people familiar with the matter. Cursor plans to train its latest AI coding model, Composer 2.5, on xAI infrastructure, the people said. Cursor will use tens of thousands of xAI's graphic processing units (GPUs), the chips used to train AI models, they said. The setup effectively turns xAI into a kind of cloud provider. By renting some of its GPUs to other companies, xAI could start generating revenue from its massive infrastructure while still developing its own AI models. The arrangement could help the company offset the costs of building and operating data centers, while also deepening ties with a startup that has access to valuable coding data. Amazon, Microsoft, and Google, the largest cloud providers, own millions of chips and rent computing power out to thousands of companies and developers, generating huge profits. Newer players like CoreWeave and Lambda have built businesses around supplying GPUs to AI model developers. Access to computing power has become an increasingly competitive aspect of the AI arms race. Representatives for xAI and Cursor did not respond to a request for comment. It's not the first time Cursor and xAI have overlapped. The startup hired two former Cursor product engineering leads in March, Andrew Milich and Jason Ginsburg. Ginsburg and Milich oversee xAI's product team and report directly to Musk and xAI president Michael Nicolls, Business Insider previously reported. xAI is one of many companies racing to build the best AI models, and it has one of the largest data center footprints. Musk said during an all-hands last December that xAI would beat competitors like OpenAI and Anthropic because it would have access to more power to train its models. Over the past two years, xAI has rapidly expanded the footprint of its data centers, a project it has named Colossus. Last year, the company said it had around 200,000 Nvidia GPUs, and Musk has said it plans to expand to 1 million GPUs. xAI's infrastructure team has been experiencing a leadership shake-up. It lost its infrastructure lead, Heinrich Küttler, last week. The company moved Jake Palmer into a leadership role over the physical infrastructure team, and SpaceX's Daniel Dueri took a leadership position over the compute infrastructure team last week, Business Insider previously reported. In a memo to staff last week, Nicolls, xAI's president, said the company's model FLOPs Utilization (MFUs), a measure of how efficiently a GPU is used during AI training, was "embarrassingly low" at about 11%. Nicolls said he aims for the team to reach 50% in the next few months. For comparison, according to AI infrastructure company Lambda AI, most large-scale AI training operates between 35% to 45% MFU. Cursor is in talks for a reported valuation of around $50 billion, Bloomberg reported last month. Meanwhile, it faces pressure as major AI startups like Anthropic and OpenAI push aggressively into building coding assistants. In March, Cursor released Composer 2, a coding model designed to generate and edit code across large projects. Cursor built the model on top of an open-source AI model from Chinese startup Moonshot AI and fine-tuned it using its own data from its developer user base.

Damascus province: The area between Bab Al-Jabiya and Zeqaq Al-Daraweesh near Al-Naqshindy Mosque in Damascus witnessed a shooting incident, where one person was killed and another was severely injured. According to information, two people were directly shot, where one of which died affected by the wounds he sustained, while the other was severely injured and taken to intensive care at Al-Mojtahed hospital. According to sources, the Internal Security Forces arrived at the site of the incident and imposed a security cordon, before managing to arrest the criminal shortly after. Initial investigations suggest that the crime took place due to personal disputes, amid ongoing efforts to fully reveal details of the incident.

Residents in west Belfast have been urged to take care after significant flooding has affected several streets this evening. There have also been reports of lifted manhole covers adding to safety concerns. Areas impacted include parts of Blackmountain, Norglen Parade, Norfolk Road and Gransha Gardens, Monagh Road and the Whiterock Road, where surface water has built up following days of unsettled weather. Local MLA Aisling Reilly shared photographs of some of the flooded regions, adding that the issues have been reported to Floodline, with some cases ongoing for several days. The Sinn Fein representative also encouraged people to report any of their own concerns to Floodline at the NI Direct website which can be found here. The flooding comes as Northern Ireland continues to experience changeable and wet conditions, with forecasters warning of further heavy rain. According to the Met Office, "showers or longer spells of rain" are expected to spread across NI on Wednesday, with rainfall "heavy at times" through the evening and overnight. The latest regional forecast also indicates a continued risk of showers in the coming days, with a mix of brighter spells and further rain expected into the weekend. While no official weather warning is currently in force for Belfast, the ongoing wet conditions mean flooding remains a risk in low-lying or poorly drained areas. Residents are being advised to avoid flooded routes where possible and remain cautious when travelling, particularly in areas where manholes may have been dislodged.

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Venture Capital firm Accel has raised $5 billion in late-stage capital to allocate towards artificial intelligence startups. Of that $5 billion, $4 billion will be allocated towards 20-25 late-stage investments globally, while $640 million will be used as a sidecar fund for investors to allocate money towards some of the company's largest investments, Bloomberg reports. The company was founded in 1983 by Aruthur Patterson and Jim Swartz and has approximately $31 billion in assets under management as of 2025. The California-based firm focuses on investments in computing and storage infrastructure, consumer media and internet, enterprise software services, among others. The firm mainly invests in early-stage artificial intelligence companies such as Anthropic, Cursor, and Perplexity, and has also invested in Slack, Squarespace, and Atlassian, among others. Accel invested in Cursor last year when the startup's valuation hit $9.9 billion. The firm also participated in an investment in Anthropic at a valuation of $183 billion. Since then, the frontier AI company's valuation has climbed to around $380 billion -- more than double its previous level. Accel was one of the first companies to invest in Facebook's Series A funding round in May 2005. The venture capital firm invested $12.7 million into the social media company at a time when Facebook was in its early growth stages. Photo: Shutterstock Market News and Data brought to you by Benzinga APIs To add Benzinga News as your preferred source on Google, click here.

Investing.com -- Alphabet Inc.'s Google LLC owned a 6.11% stake in SpaceX at the end of 2025, according to Bloomberg News, citing a filing the rocket company submitted this week in Alaska. At a $2 trillion valuation, which SpaceX aims to exceed in its initial public offering, the stake would be worth $122 billion. The stake has likely been diluted to roughly 5% following SpaceX's merger with xAI, Elon Musk's artificial intelligence and social media company, in February, according to Bloomberg calculations. At a $2 trillion IPO valuation, the diluted stake would be worth $100 billion. Alaska requires firms to report holders with stakes of 5% or more. While Google has previously disclosed its stake in SpaceX, the exact size had not been reported before. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.
