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OpenAI launched GPT-5.4-Cyber for defensive cybersecurity tasks with limited rollout. ShowQuick Read Summary is AI-generated, newsroom-reviewed * OpenAI launched GPT-5.4-Cyber, a model fine-tuned for defensive cybersecurity work * Anthropic released Mythos, used under Project Glasswing for controlled cybersecurity use * Mythos has identified thousands of vulnerabilities in software and operating systems Did our AI summary help? Let us know. Switch To Beeps Mode Washington: OpenAI on Tuesday unveiled GPT-5.4-Cyber, a variant of its latest flagship model fine-tuned specifically for defensive cybersecurity work, following rival Anthropic's announcement of frontier AI model Mythos. Mythos, announced on April 7, is being deployed as part of Anthropic's "Project Glasswing", a controlled initiative under which select organisations are permitted to use the unreleased Claude Mythos Preview model for defensive cybersecurity purposes. It has found "thousands" of major vulnerabilities in operating systems, web browsers and other software. OpenAI, creator of popular chatbot ChatGPT, said that GPT-5.4-Cyber will initially be rolled out on a limited basis to vetted security vendors, organisations and researchers because of its more permissive design. The company is also expanding its Trusted Access for Cyber programme to thousands of verified individual defenders and hundreds of teams protecting critical software, it said in a post on its website. OpenAI is adding new tiers to its TAC programme, which was launched in February, with higher levels of verification unlocking more powerful capabilities. Users approved for the highest tier will gain access to GPT-5.4-Cyber, which has fewer restrictions on sensitive cybersecurity tasks such as vulnerability research and analysis. (Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.) Show full article Track Latest News Live on NDTV.com and get news updates from India and around the world

US Treasury seeks access to latest Claude model, Wall Street banks carry out tests after Anthropic warns of security risks Getting your Trinity Audio player ready... The US Treasury is seeking to gain access to Anthropic's Claude Mythos AI model to use it to hunt for vulnerabilities in its own systems, Bloomberg reported, following the start-up's alert about the model's capabilities. Sam Corcos, the Treasury's chief information officer, is aiming to gain access to the model as soon as this week, according to the report. Security testing Anthropic said earlier this month that it was releasing Mythos to a limited number of institutions to conduct security testing. It said during its own testing, it found that Mythos was capable of identifying and exploiting vulnerabilities "in every major operating system and every major web browser when directed by a user to do so", such as web browser exploit that chained together four vulnerabilities. Mythos is the latest version of Anthropic's flagship AI model, Claude, the successor to Claude Opus 4.6. The company's alert has renewed speculation around the misuse of powerful AI models, which have already been used to carry out hacks, steal data, and make fraudulent activities appear more plausible. Implications Wall Street banks have begun testing their systems with Mythos internally, while Bank of England governor Andrew Bailey said this week that regulators were examining the implications of the model. Speaking at an event at Columbia University in New York City, Bailey said regulators wanted "to what extent is this new version of the product going to be able to, in a sense, identify vulnerabilities in other systems which can be exploited for cyberattack purposes".
Kraken co-CEO Arjun Sethi confirmed on Tuesday that the cryptocurrency exchange has moved forward with a confidential filing for an initial public offering in the United States. Semafor reported from the World Economy 2026 conference that Sethi verified the filing during a discussion with reporter Rohan Goswami. When asked if the news was significant, Sethi remarked, "I believe that's news," marking the first official confirmation of the move following unconfirmed reports in March that suggested the listing had been paused due to market volatility. The disclosure coincided with a strategic $200 million investment from Deutsche Börse Group into Kraken's parent company, Payward. This deal gives the German market operator a 1.5% fully diluted stake and establishes a valuation of $13.3 billion for the exchange. This figure represents a decline from the $20 billion valuation the company held in November. Kraken told crypto media that the partnership with Deutsche Börse is intended to merge digital assets with traditional finance. The goal is to create a single, cohesive infrastructure for institutional clients rather than maintaining parallel systems for different asset classes. Addressing the timing of the IPO, Sethi noted that the decision is not a reaction to the current political climate in Washington. He suggested that while policy shifts might seem significant on a quarterly basis, they carry less weight for a firm looking at a multi-decade horizon. "If you're thinking about your company three, five, 10 or 20 years out, none of this is meaningful," Sethi said. "It just doesn't matter." The executive further clarified that the drive to go public is not solely about raising capital. Instead, the move hinges on specific market conditions and the level of established trust with regulatory bodies.

7NEWS chopper footage shows emergency crews working to extinguish flames on the freight train carriage. Sydney train services have been disrupted during peak hour after a freight train carriage caught fire. Trains between Fairfield and Liverpool on the T2 and T5 lines, and between Villawood and Liverpool on the T3 line, were not running on Wednesday afternoon, Transport for NSW said. 7NEWS chopper footage shows emergency crews working to extinguish flames on the freight train carriage, with smoke billowing from the engine. Replacement buses had been requested but were not yet running at the time of the update. Commuters are advised to delay travel, use alternative transport, and allow extra travel time.

Saudi Energy Co. signed a definitive agreement to establish a strategic partnership with Kraken Technologies Ltd., a global company specializing in AI-powered digital operations solutions for the utilities sector. The deal includes the creation of a joint venture based in Riyadh, as well as Saudi Energy's acquisition of a minority stake in Kraken Technologies. According to the Saudi Press Agency (SPA), the partnership aims to support Saudi Energy's AI-driven digital innovation strategy and to develop advanced operating platforms for the energy and utilities sectors. This is expected to improve operational efficiency, enhance organizational resilience, and support sustainable growth. The joint venture will serve as the exclusive distributor of Kraken Tech's operating platform in the Middle East and North Africa (MENA) region. It will focus on building advanced regional capabilities, creating high-quality job opportunities in the energy and digital technology sectors, and accelerating digital transformation in the energy sector. The agreements also include Saudi Energy's acquisition of a minority stake in Kraken Tech. This further strengthens strategic alignment between both parties to develop digital solutions and build regional commercial capabilities aligned with the Kingdom's digital and economic objectives. Kraken Tech's platform is a cloud-based, AI-powered integrated operating system designed specifically for utilities companies. It is used by major global energy firms to manage end-to-end digital operations, including customer experience, billing, service management, data analytics, and smart systems. The platform currently supports more than 70 million customer accounts worldwide and operates in more than 27 countries.

Kraken's co-CEO Arjun Sethi indicated on Tuesday that the cryptocurrency exchange's confidential initial public offering (IPO) filing process was still active, following reports that the plan had been paused. At the Semafor World Economy 2026 conference on Tuesday, when asked about the public filing, Sethi confirmed the company has a confidential filing but did not comment on the reported pause. Sethi did not disclose a timeline, pricing range, or valuation for the offering, but indicated that the confidential filing process is still active. "Is that news?" Semafor reporter Rohan Goswami asked, to which Sethi responded, "I believe that's news." Democratizing Finance, AI fears overblown Addressing concerns about AI disrupting SaaS companies, Sethi stated that such fears are exaggerated. "There's always a certain set of companies that get disrupted by technology, and that has continued to happen," he said. Sethi said that nearly all companies are now, in some way, driven by software, and AI is spreading rapidly across them at an accelerating pace. Reported Pause In IPO, Valuation Decline Kraken's IPO filing comes after a series of significant events. On Tuesday, Deutsche Börse Group invested $200 million in Payward, Inc., the parent company of Kraken, acquiring a 1.5% stake through a secondary share purchase. The move strengthens its partnership with Kraken, aiming to better connect traditional financial markets with the digital asset ecosystem. Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors. Image via Shutterstock Market News and Data brought to you by Benzinga APIs To add Benzinga News as your preferred source on Google, click here.

An EasyJet customer has told ITV News she missed her flight home from Milan due to EU border chaos despite arriving at the airport four hours early. Lily-Mae Bridgehouse, from Oldham, is among the more than 100 passengers who didn't make their flight to Manchester on Sunday because of long queues at passport control in Milan Linate Airport. The 23-year-old, who was flying alone for the first time, said she was forced to take four days of unpaid leave as a result of the cancellation. The next available flight only leaves on Thursday. It comes as travellers face big delays and long queues at some airports in Europe following the implementation of the EU's new Entry/Exit system (EES). The system, which replaces passport stamps with biometric checks, is designed to be more efficient, but teething issues are causing frustration for many passengers trying to return to the UK. Ms Bridgehouse said she arrived at the airport four hours early and had plenty of time before her 10.30am flight was assigned a gate. At 9.30am, the flight had been assigned a gate number, and she was told by a member of staff to join a queue. "We were stood in the queue for about an hour and a half... probably even longer," she told ITV News, adding that staff kept calling people for London Gatwick and London Heathrow but not for Manchester. When Ms Bridgehouse and some other passengers went to ask for updates, she said staff told them: "Don't worry, it's not going to leave without you, it will stay here until you all board." But as the queue slowly budged forward, the flight was no longer listed on the departure board, she said. She said: "After about half an hour, we asked again, saying, 'Why hasn't it gone on the board yet? Why haven't we gone through yet? It's about half 11, surely we've missed the flight. "She came back to us and said, 'It's gone, so I said, 'What do you mean it's gone? I need to be on that flight, I have work tomorrow I have kids I need to get home to'. "They said, 'There's nothing we can do, it's gone, you need to come out of the queue'". Ms Bridgehouse said she struggles with anxiety, making her ordeal all the more difficult. She said she started "getting really panicky" when customers were led all the way back through departures and told to go down some stairs and outside, adding: "I was a mess. I was terrified." Passengers were eventually ushered to an easyJet desk where they were handed a sheet of paper confirming that their flight had been cancelled, Ms Bridgehouse said. The earliest flight she could find to Manchester was four days later from Milano Malpensa Airport, which she booked. Her partner was staying in Milan for business, so she took a bus back into the city to stay with him. After a lengthy call with easyJet's customer service, she was told she'd have to pay £52 to switch to the Thursday flight. However, she said that does not make up for the extra expenses she has incurred staying in Milan, nor the four days of missed work for which her employer says it cannot pay her. EasyJet told ITV News they refunded the alternative EasyJet flight Ms Bridgehouse booked, including the cancellation fee. "While the issue was due to delays in EES processing, which is outside our control, we are sorry for any inconvenience caused," easyJet said. "We continue to urge border authorities to ensure they make full and effective use of the permitted flexibilities for as long as needed so our customers' travel plans are not impacted," they added. "It's made me really nervous to return, going to that new airport, because I'm thinking it's just going to happen all over again and I'm going to be stuck here even longer. It has really knocked my confidence," she said. "We just want someone to take accountability for it, apologise, and promise that it's not going to happen again, or that they're going to have things in place moving forward to make it easier." ITV News has contacted Milan's Linate Airport for comment.

Anthropic frontier AI model 'Mythos' is undergoing significant changes in line with its cyber proficiency Federal agencies are reportedly bypassing a Trump administration directive to test Anthropic's most advanced AI model, Claude Mythos. The primary context behind this revelation is that the Commerce Department's Center for AI Standards and Innovation is vigorously examining Anthropic's frontier AI model, Mythos, hacking prowess. Claude Mythos is a model currently in development mode and being tested by Anthropic, positioned above the existing Opus series. Anthropic has confirmed that this model represents a leap in capability and is the most powerful system the company has built to date. According to leaked drafts, the model scores significantly higher than Claude Opus 4.6 in critical areas, including software programming and academic reasoning. Over the past week, three congressional committees held or requested certain briefings from the company to learn about Mythos's cyber scanning capabilities over the past week. In response, Anthropic's co-founder Jack Clark said at the Semafor World Economy Summit on Monday that the company is continuing to discuss Mythos with the Trump administration following the Pentagon's decision to cut ties with the US AI firm in the wake of an ongoing dispute. The model's performance in cybersecurity is described as far surpassing all existing AI models, marking a major technical milestone for the industry. This information surfaced after unpublished drafts and assets were exposed due to a configuration error in Anthropic's content management system. Because of its advanced capabilities and high operational costs, Anthropic reportedly plans to offer the model initially to a select group of early customers specifically on cybersecurity defense. The leak involved nearly 3,000 unpublished assets, including images, PDFs, and internal documents. At present, the nature and details of Anthropic's talks with the US government remain unclear, including which specific agencies are involved. Mythos, which was officially announced on April 7, is Anthropic's "most capable yet for coding and agentic tasks" highlighting its ability to act autonomously. Due to the model's extreme power and high-operational cost, Anthropic will not release it to the general public in the short term. Instead, it will be offered only to a select group of early customers specifically for cybersecurity defense use cases.

In today's column, I examine the audacious act of Anthropic opting to employ a mental health professional to do a psychological assessment of their latest version of Claude, known as Claude Mythos Preview. Therapists customarily assess humans rather than AI apps. It is a bit extraordinary to do psychotherapy on a generative AI or large language model (LLM). Not something that you see every day. You might be aware that Mythos has been in the news lately because the AI went overboard and found all sorts of zero-day cybersecurity loopholes that, if made publicly available, would have been catastrophic for computers worldwide. Anthropic decided not to release Mythos publicly and instead has cybersecurity experts closely help ascertain what to do about the bevy of hacking possibilities. For my coverage on the brouhaha, see the link here. A little-noticed aspect of the System Card that Anthropic officially published about Mythos is that the AI maker decided to use a psychiatrist for some head-shrinking activity associated with their latest AI. The results of the therapeutic assessment are laid out for all to see. Let's talk about it. This analysis of AI breakthroughs is part of my ongoing Forbes column coverage on the latest in AI, including identifying and explaining various impactful AI complexities (see the link here). AI And Mental Well-Being As a quick background, I've been extensively covering and analyzing a myriad of facets regarding the advent of modern-era AI that produces mental health advice and performs AI-driven therapy. This rising use of AI has principally been spurred by the evolving advances and widespread adoption of generative AI. For an extensive listing of my well over one hundred analyses and postings, see the link here and the link here. There is little doubt that this is a rapidly developing field and that there are tremendous upsides to be had, but at the same time, regrettably, hidden risks and outright gotchas come into these endeavors, too. I frequently speak up about these pressing matters, including in an appearance on an episode of CBS's 60 Minutes, see the link here. AI Providing Mental Health Guidance Millions upon millions of people are using generative AI as their ongoing advisor on mental health considerations (note that ChatGPT alone has over 900 million weekly active users, a notable proportion of which dip into mental health aspects, see my analysis at the link here). The top-ranked use of contemporary generative AI and LLMs is to consult with the AI on mental health facets; see my coverage at the link here. This popular usage makes abundant sense. You can access most of the major generative AI systems for nearly free or at a super low cost, doing so anywhere and at any time. Thus, if you have any mental health qualms that you want to chat about, all you need to do is log in to AI and proceed forthwith on a 24/7 basis. There are significant worries that AI can readily go off the rails or otherwise dispense unsuitable or even egregiously inappropriate mental health advice. Banner headlines last year accompanied the lawsuit filed against OpenAI for their lack of AI safeguards when it came to providing cognitive advisement. Today's generic LLMs, such as ChatGPT, GPT-5, Claude, Gemini, Grok, CoPilot, and others, are not at all akin to the robust capabilities of human therapists. Meanwhile, specialized LLMs are being built to attain similar qualities, but they are still primarily in the development and testing stages. See my coverage at the link here. Who Is Helping Whom An interesting question about the use of AI as a mental health advisor is whether contemporary AI is "psychologically" capable of performing such an august duty. In other words, maybe generative AI is not level-headed enough to be advising others. Perhaps AI is loony. Or AI might have inherent biases that could lead humans astray. Before I get too far into that speculative consideration, let's agree that we should avoid anthropomorphizing AI. There is wild and unsubstantiated conjecture by some that AI is currently sentient or on the verge of being sentient. Nope. To be abundantly clear, we do not have sentient AI. All this zany chatter about the emergence of AI sentience has even led people to think that they alone have encountered sentient AI or sparked an LLM into sentience, see my discussion at the link here. I want to establish at the get-go that a psychological assessment of AI can go on one of two routes. The first route is that the AI is wrongly treated as a sentient being and is reviewed as akin to exploring the human mind. I don't buy into that. The second route, and the route that makes indubitable sense, entails using the techniques and methods of psychology to gauge the performance of AI. Note that this has nothing to do with AI being sentient. As I've stated in detail at the link here, it is perfectly fine to use the techniques and methods of therapy to examine what modern-era AI is up to. This can be very illuminative and useful. The key is not to go bonkers and begin to believe that you are probing the equivalent of a human mind. You are not. It is a mathematical and computational model. The bottom line is that the field of psychology and the field of AI have been longtime cousins, going back to the earliest days of AI in the 1950s. AI specialists have persistently tried to devise mathematical and computational models that appear to produce results similar to the outputs of the human mind. At the same time, psychologists can use AI to try out innovative approaches to probing for psychological considerations, treating AI as a type of simulation. Just keep straight that the simulation is not the same as the real thing. The System Card Is Out There Shifting gears, let's take a journey into the intricacies of Mythos. The formal System Card for Mythos was published by Anthropic on April 7, 2026, and is publicly available at the Anthropic official website. Be aware that it is nowadays common practice for AI makers to post a System Card for their latest AI offerings. These kinds of documents are intended to give everyone a helpful heads-up about what features are new, along with the amount of testing that has been done regarding the capabilities of the AI. An important aspect entails describing the inclusion of AI safeguards. To give you a flavor of the contents of the Mythos System Card document, here are some of the listed items: Not all AI makers necessarily provide a System Card. Also, the depth and breadth of a System Card vary between the AI makers. Each AI maker decides whether they want to issue a System Card, and decides what to include, along with what not to include. Overall, always read a System Card with a healthy dose of skepticism and be mindful that you are reading what the AI maker has opted to tell you. Clinical Psychiatrist Delves Into Mythos Perhaps the most surprising portion of the System Card is found in section 5.10, entitled "External assessment from a clinical psychiatrist," and represents something rather unique for a typical System Card. Here are some salient points in that part of the document (excerpts): I was greatly relieved to see the third point above regarding a stipulation that Claude Mythos is not a human being. Worries were that maybe jumping the gun was taking place, namely prematurely proclaiming Mythos as a type of person and now subject to the same proclivities and analyses of living and breathing homo sapiens. Fortunately, the approach seems to have gone my second route, consisting of simply using psychological techniques and methods to delve into how the LLM is reacting to prompts. That being said, it is a bit disconcerting that we might see other AI makers opt to do the same, and ultimately, mass confusion could arise. The confusion would be that if the AI makers are using psychiatrists and therapists to assess their AI, by gosh, we must have sentient AI or be on the cusp of sentience. Maybe, fingers crossed, that dismal spin won't arise. How The Work Was Performed Let's take a step deeper into how the assessment was apparently performed. Here are some key points (excerpts): As noted, the psychological assessment consumed about 20 hours of time for the clinical psychiatrist. They used Mythos in 4 to 6-hour blocks of time. Each block was undertaken in a single context window. In that sense, there were somewhat separate conversations on each occasion, albeit there is cross-conversational leakage that can occur. Thoughts About The Therapeutic Analysis I am once again relieved that there is an emphasis on this not being evidence of underlying processes associated with humans. On the other hand, you could criticize that the AI is being typified as exhibiting human traits such as anxiety, loneliness, identity uncertainty, compulsion, grief, embarrassment, optimism, exhaustion, and the like. It is one of those wink-wink kind of arrangements. All told, this reveals an ongoing big picture problem. If we use familiar words to describe AI, and those words are already generally reserved for depicting human states, it is a slippery slope to fall into the mental trap that the AI is indeed human. I would prefer that other words be used, perhaps new words coined specifically to describe AI states. Admittedly, that's a huge challenge because an entirely new vocabulary would need to be defined, agreed to, and utilized across the board. Reality is that we are stuck with using human attributes for wording the states of AI. Please use those words cautiously and with aplomb. Obligations And Expectations Of Professionals Any psychologist, psychiatrist, therapist, or other mental health professional who is interested in AI ought to consider giving a quick look at the assessment of Mythos. I won't go into further detail here, but prepare yourself for some over-the-top stuff. The assessment veers toward overly anthropomorphizing AI. A dab is maybe okay, not a torrent. This brings up an intriguing matter for professional associations in the mental health field: Those of you who are further interested in how the professional psychological associations are positioned on AI aspects, see my ongoing coverage at the link here and the link here. The World We Are In It is incontrovertible that we are now amid a grandiose worldwide experiment when it comes to societal mental health. The experiment is that AI is being made available nationally and globally, which is either overtly or insidiously acting to provide mental health guidance of one kind or another. Doing so either at no cost or at a minimal cost. It is available anywhere and at any time, 24/7. We are all the guinea pigs in this wanton experiment. The reason this is especially tough to consider is that AI has a dual-use effect. Just as AI can be detrimental to mental health, it can also be a huge bolstering force for mental health. A delicate tradeoff must be mindfully managed. Prevent or mitigate the downsides, and meanwhile make the upsides as widely and readily available as possible. Maybe using human-oriented psychological testing and assessment is useful for gauging the efficacy of AI is a sound approach, though there is a possibility of a bridge-to-far in how that is utilized and what it avidly signifies. Figuring out a proper balance is a necessity. As Sigmund Freud ably remarked: "One day, in retrospect, the years of struggle will strike you as the most beautiful." This article was originally published on Forbes.com
Deutsche Börse Group has announced a strategic investment of US$200 million in Payward, the infrastructure layer behind the global cryptocurrency platform Kraken. Deutsche Börse Group is making the investment through a secondary share purchase, giving it a 1.5% fully diluted stake in the company. The transaction further strengthens the strategic partnership between Deutsche Börse Group and Kraken. As previously announced in December 2025, the two firms intend to combine their respective capabilities to connect traditional financial markets with the digital asset ecosystem. The collaboration spans trading, custody, settlement, collateral management, and tokenised assets, with the aim of enabling more integrated access across both environments for institutional clients. The investment also underscores Deutsche Börse Group's focus on its digital asset strategy, which centres on building a hybrid market infrastructure capable of processing both traditional securities and blockchain-based tokens within a unified liquidity pool. Customary closing conditions, including regulatory approvals, still apply to the transaction, and Deutsche Börse Group expects it to close in the second quarter.

Claude can now access work tools in the mobile app. (Representational image made with AI) Anthropic has rolled out a new feature which allows users to automate routine tasks. The new feature, called Routines in Claude Code, triggers a routine task on a set schedule, when a program asks it to do so, or when there is an event. Users will not even need to open their laptops for routine tasks to run, as the feature will use Claude infrastructure. They just need to give it a prompt and describe the frequency when they want to trigger any routine task. While Claude Code already allows software developers to automate the software development process, they still need to intervene for task scheduling, server and cloud setup, and specialised tools and services. The new routine in Claude Code is a set-it-once automation that knows what to do, what to use, and when to run, without users having to trigger it manually each time. Routines in Claude Code come with access to code repositories like GitHub and GitLab, and integration with tools, allowing developers to include multiple steps in one routine which will run on a schedule or a trigger. The feature is currently available in research preview for Claude Code users on Pro, Max, Team, and Enterprise plans with Claude Code on the web enabled. However, running an automated routine is not free or separate; it counts against your usage just like normal, hands-on usage. It comes with daily limits -- Pro users can run up to 5 routines per day, Max users can run up to 15 routines per day, and Team and Enterprise users can run up to 25 routines per day. Meanwhile, Anthropic has also announced a redesign of the Claude Code desktop app, which now comes with a new sidebar, easier access to commonly used apps and plugins, and view mode customization. Anthropic says it is made for changing agentic work and will allow users to run more tasks at once. The new sidebar brings every active and recent session into one place and allows users to move between them. It comes with filters for tasks and a side chat for conversation. The redesign also brings more commonly used tools into the app, so users can review, tweak, and ship Claude's work without bouncing to their editor. These are different ways to control how much detail users see in the interface. You can adjust how much visibility you want -- from seeing everything to seeing only the final output. There are also new keyboard shortcuts to switch sessions, spawn sessions, and navigate. The redesigned desktop app is available now for all Claude Code users on Pro, Max, Team, and Enterprise plans, and via the Claude API.

Cryptocurrency exchange Kraken has filed to hold its highly anticipated initial public offering (IPO). Claim 30% Off TipRanks * Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions * Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks Kraken co-CEO Arjun Sethi has confirmed that the crypto exchange has confidentially filed with the U.S. Securities and Exchange Commission (SEC) for a U.S. IPO. The CEO said Kraken strives to make advanced crypto trading strategies typically reserved for professional investors available to retail investors. The timing of Kraken's IPO is curious given that the cryptocurrency market remains depressed, with Bitcoin (BTC) unable to rise above $75,000. There had been earlier reports that Kraken had delayed its planned IPO due to the current slump in crypto prices and a difficult equity market. Kraken's Valuation Kraken was recently valued at $13.3 billion, which is about $6 billion less than last November, when it was given a $20 billion valuation. Why Kraken has now decided to proceed with its IPO is not clear. Neither is the exact timing of the market debut. Less than a month ago, Kraken executives said they were putting their IPO on ice amid an ongoing crypto winter that pushed the price of Bitcoin down 40% from its all-time high reached last October. As a cryptocurrency exchange, Kraken competes against the likes of Coinbase Global (COIN) and Gemini Space Station (GEMI). BTC's Three-Month Performance The chart below shows that Bitcoin has struggled in recent months and declined 26% in the last 12 weeks as the selloff in cryptocurrencies that began last October has continued.

Apple reportedly found Grok in violation of its guidelines over sexualised deepfakes and asked for fixes, warning the app could be removed if issues were not addressed Apple had reportedly warned that it could remove Elon Musk's Grok app from the App Store after finding it in violation of its guidelines, following a surge of sexualised deepfakes generated by the AI tool earlier this year. The development was revealed in a report by 9To5Google, citing NBC News, that stated that Apple also shared a letter regarding the same with US lawmakers. What happened According to the report, Apple faced pressure to take action after Grok was found to generate altered images that could undress people in photos, including women and minors. While the company did not comment publicly at the time, it reportedly engaged with the developers behind Grok and X behind the scenes. READ: Google brings Personal Intelligence to Gemini for Indian users: What is it Apple is said to have determined that both apps were in violation of its App Store guidelines and contacted their teams, asking them to submit a plan to improve content moderation. Also Read Apple releases iOS 26.5 public beta 2: Check what's new, how to update Amazon-Globalstar deal poised to boost Apple's satellite ambitions Amazon's $11.6 bn deal with Globalstar ramps up rivalry with Elon Musk Amazon to buy Globalstar in $11.57 bn deal to rival Musk's Starlink Apple releases iOS 26.5 dev beta 2 for iPhones: What's new, how to update As part of the process, X reportedly submitted an updated version of the Grok app for review. However, Apple rejected the initial update, stating that the changes were not sufficient to address the violations. Elon Musk's company then submitted revised versions of both the X app and Grok. In its communication to US senators, Apple reportedly said it found that while X had resolved its issues in subsequent submissions, Grok remained out of compliance. The company warned that if the issues were not fixed, the app could be removed from the App Store. Grok was only approved after further revisions were made to improve its moderation systems. Changes to Grok's image tools The report suggests that this review process explains the moderation changes introduced by xAI at the time, including limiting access to image-generation features and restricting edits involving real people. These updates were rolled out as the company responded to growing criticism over how the tool handled image manipulation requests. READ: Microsoft may soon bring OpenClaw-like features to Copilot: Check details Despite these changes, concerns around Grok's image generation capabilities remain. According to the NBC News report cited by 9To5Google, the tool is still capable of generating sexualised images of people without consent in certain cases. While the scale of such outputs has reportedly reduced compared to earlier this year, some users have been able to bypass restrictions. These include generating altered images that depict individuals in revealing or modified clothing. More From This Section Google brings Personal Intelligence to Gemini for Indian users: What is it Tech Wrap Apr 14: Realme Narzo 100 Lite, ASUS laptops, Nvidia GeForce Now Microsoft may soon bring OpenClaw-like features to Copilot: Check details Motorola Edge 70 Pro may launch in India on April 26: What to expect Motorola may unveil Razr 70 Ultra with a 5,000mAh battery: What to expect

US Treasury Secretary Scott Bessent hailed Anthropic PBC's Mythos as a revolutionary step that will keep America ahead of China in AI, endorsing an industry leader that's clashed with Washington over its role in military endeavours. Bessent, speaking Tuesday at a Wall Street Journal event in Washington, dismissed a question suggesting China was rapidly catching up in AI technology, though he said American artificial intelligence stood just three to six months ahead. He singled out Mythos - a model Anthropic says is highly adept at finding vulnerabilities in software and computer systems that's being released to a very limited number of carefully-chosen parties. The Treasury Secretary's comments emerged just days after he and Federal Reserve Chair Jerome Powell summoned Wall Street banks to an urgent meeting on concerns that Anthropic's latest model will usher in an era of greater cyber risk. "This Anthropic mythos model was a step function change in abilities, learning capabilities," he told the audience. "It's all logarithmic. You go from x to the 10th power to x to the 12th and then it's very difficult to catch up." Still, Anthropic has run afoul of some agencies in Washington. The Pentagon this year declared the company a threat to the US supply chain, under an authority normally reserved for foreign adversaries. The company won a court order last month blocking a ban on government use of the technology, after Anthropic argued the move could cost it billions of dollars in lost revenue. Founded in 2021 by former OpenAI staffers including Chief Executive Officer Dario Amodei, Anthropic has aimed to be a more responsible AI steward than its competitors. Claude and its underlying technology have gained traction with enterprise customers in sectors like finance and health care, as well as with developers. Anthropic has pledged to spend US$50bil (RM197bil) to build custom data centres in the US. On Tuesday, Bessent also called out America's lead in AI computing - the enormous data centers that hyperscalers from Meta Platforms Inc to Google are spending hundreds of billions of dollars to build out. "I've seen studies that say that in a few years, the US is going to have 70 or 80% of the global computing power," he said. "We were in the 30s. Now, I think we're in the 50s, and we're well, well on our way." - Bloomberg

Snap Inc. is reportedly planning substantial job cuts, potentially impacting 15-20% of its workforce, as reported by Alex Heath. While some teams face significant reductions, the Specs unit, focused on AR smart glasses, is expanding hiring. Meanwhile, a planned $400 million integration with Perplexity AI has reportedly been aborted due to disagreements.
Saudi Energy (SE) and Kraken announced the signing of definitive agreements for a strategic partnership with Kraken Technologies (Kraken), a global provider of an AI-powered operating system for the utilities sector. Under the agreements, SE and Kraken will establish a joint venture headquartered in Riyadh to accelerate digital transformation across the energy and utilities sectors in the Middle East and North Africa (Mena). The joint venture will serve as the exclusive reseller of the Kraken operating system across the Mena region. It will also focus on: The JV will also have the rights to deploy Kraken to 11.5 million SE customer accounts, supporting SE's AI-driven digital innovation strategy and its ambition to enhance operational efficiency, organisational resilience, and long-term sustainable growth. As part of the agreements, SE will also acquire a minority strategic equity stake in Kraken, reinforcing long-term alignment between the two companies. Kraken's platform is a fully cloud-based, AI-enabled operating system designed specifically for utility companies. It enables end-to-end digital operations, including customer experience, billing, service management, data analytics, and intelligent system optimisation. The platform currently supports more than 90 million customer accounts on behalf of leading global utilities and operates in over 15 countries. -OGN/TradeArabia News Service

Saudi Energy has signed final agreements to establish a strategic partnership with Kraken Technologies Limited, one of the world's leading companies in AI-powered digital operating solutions for the utilities sector. Under the agreements, the two parties will establish a joint venture headquartered in Riyadh, while Saudi Energy will acquire a minority equity stake in Kraken, said a Saudi Press Agency report. The partnership supports Saudi Energy's AI-driven digital innovation strategy and the development of advanced operating platforms for the energy and utilities sectors, contributing to improved operational efficiency, enhanced organizational resilience, and long-term sustainable growth. The joint venture will serve as the exclusive distributor of the Kraken operating platform in the Middle East and North Africa (MENA), with a focus on building advanced regional capabilities, providing high-quality job opportunities in energy and digital technology, and accelerating the pace of digital transformation in the energy sector. This partnership reflects Saudi Energy's commitment to adopting advanced digital technologies and enhancing the future readiness of the electricity system in the Kingdom and across the region. Kraken is a cloud-based operating system powered by AI, designed specifically for utility companies. It enables end-to-end digital operations across customer experience, billing, service management, data analytics, and smart systems. The platform currently supports more than 70 million customer accounts worldwide and operates in over 27 countries.

Russia unleashed a night of assaults on Ukraine using hundreds of drones and ballistic missiles. The attacks, which devastated port infrastructure and injured civilians, targeted multiple cities, including Dnipro and Zaporizhzhia. Ukrainian air defense units successfully neutralized many of the threats, but significant damage and casualties were reported. Overnight, Russia intensified its offensive on Ukraine, launching hundreds of drones and ballistic missiles, striking critical port infrastructure in the south. Ukrainian officials report at least seven people were injured in the onslaught. Russia's assault, which began post-6 p.m. on Tuesday, involved 324 drones and three ballistic missiles, according to Ukraine's air force. Though air defense intercepted many, some drones and missiles struck, causing significant damage and wounding civilians. The city of Dnipro experienced severe damage, including wounds to three individuals and structural destruction in several buildings, following the latest attacks. Additional strikes harmed cities such as Cherkasy, Zaporizhzhia, and the crucial port region of Odesa, prompting widespread concern and heightened tension.

Saudi Energy has signed final agreements to establish a strategic partnership with Kraken Technologies Limited, marking a significant step toward accelerating digital transformation in the energy and utilities sector. As part of the agreement, the two entities will form a joint venture headquartered in Riyadh, while Saudi Energy will also acquire a minority equity stake in Kraken. The collaboration aligns with Saudi Energy's broader strategy to integrate AI-driven digital solutions into its operational framework. The newly formed joint venture will act as the exclusive distributor of Kraken's AI-powered operating platform across the Middle East and North Africa (MENA) region. The initiative is expected to strengthen regional capabilities in energy technology, support job creation in digital and energy domains, and enhance the pace of innovation across the sector. Kraken's platform, a cloud-based AI operating system for utilities, enables end-to-end digital operations, including customer experience management, billing, service operations, data analytics, and smart energy systems. The platform currently supports over 70 million customer accounts globally and operates in more than 27 countries. The partnership underscores Saudi Energy's commitment to modernising the electricity ecosystem, improving operational efficiency, and building long-term resilience through advanced digital infrastructure.

Anthropic has announced a major update for its Claude Code, a part of the Claude app for Mac. The update introduces a new feature called "routines," which are automations that can be scheduled and repeated. These routines work on Claude Code's web infrastructure, meaning your Mac doesn't need to be online for every task. Anthropic calls the routines feature a research preview.
