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Anthropic's Project Glasswing website in seen on a laptop screen on April 10, 2026. How powerful is AI? Enough that Anthropic, a leading AI company, announced earlier this month that its latest AI model, Claude Mythos Preview, would be available only to a limited number of businesses due to security concerns -- at least for now. Claude Mythos Preview was designed for general use, Anthropic says, but during testing, the company found it extremely effective at identifying vulnerabilities in the security systems of all types of software, creating potentially massive security concerns. So far, Anthropic is sharing the Mythos Preview model with a handful of major tech companies and banks through a program called Project Glasswing, intended to give them an opportunity to shore up any existing security vulnerabilities and get ahead of potential hacking attempts that the model could identify. To get a better sense of what Claude Mythos Preview represents and the potential threat it brings to online security, Today, Explained co-host Sean Rameswaram spoke with Hayden Field, senior AI reporter at The Verge. Mythos is [Anthropic's] newest AI model that they designed to be a general-purpose AI model like any other. But what they realized when they were working on it was that it had these special skills that they didn't really anticipate. It was really good at cybersecurity. It found high-stakes vulnerabilities in virtually every operating system. That's pretty bad if you are using that as a hacker. And to have a blueprint for a list of every big gap and insecurity and vulnerability on all these really, really high-profile systems, you're going to be having a list of everything you could do to take those systems down or exploit data. They realized that they better not release this to the general public because it could fall into the wrong hands. And they instead handpicked a select few organizations that are responsible for critical infrastructure to release it to so they could plug those gaps in their systems instead. You've heard of many of the companies that currently have and are using Claude Mythos: Nvidia, JP Morgan Chase, Google, apparently a few dozen more that build or maintain critical software infrastructure. How does it actually work? Since they built it as a general-purpose model, it probably works like any other model in that you're using it and prompting it to flag all the vulnerabilities in your system. Maybe you're Google Chrome, and you're looking for specific, niche parts of the browser that you think may have some vulnerabilities. You're basically prompting the model to flag all these really high-profile gaps to you and your security, and then you're taking that and plugging it up on your own. A hacker would actually use it in the same way. If it fell into the wrong hands, they'd be like, "Yeah, tell me all the vulnerabilities here." And then they're going to take it off the platform and use that for something nefarious. So it's basically about who is prompting the system and what their motives are. It's as easy as saying, "Hey, Claude, tell me how this banking system might be vulnerable." And then Claude thinks about it for a minute, and it spits out a bunch of answers. Essentially, yes. And do we know that the Googles and Nvidias of the world are actually using this technology? Yes. Part of the reason that Anthropic released this is they wanted these organizations to report back on exactly how Mythos worked and what it did to plug up the vulnerabilities and the gaps in their system. It's an information-sharing thing. They're letting these companies use it to test out how well it does to plug up all these high-profile gaps, and then they have to report back to Anthropic about how it worked. How is Anthropic choosing who to share this technology with? I actually asked them that. They're essentially looking for cyber defenders or companies that a lot of people depend on, and that downstream it would be a huge issue if they got hacked in any way, shape, or form. JP Morgan Chase is a great example. Anthropic has also offered this technology to the government. Do Anthropic's competitors have similar tools? Are they presumably working on similar tools? OpenAI is apparently working on a similar tool. Anthropic itself has said this isn't something that they deem they'll be in the lead on for too long. They think labs anywhere in the world may release this technology in the next three months, six months, 12 months. It seems like, sometime in the next 12 months, this is going to be out there. And so that's why they wanted to release Mythos now, so that companies and banks could get ahead of all the hacks that may be coming down the line, when similar types of technology are released to the general public, maybe months from now. If this is so dangerous and there's so many potential risks, is anyone having a conversation about just not releasing tools like this and just sort of shutting it down, keeping it internal? That is a really great question. I'm so glad you asked, because not enough people ask whether an AI system should actually be released or used for certain things. Right now, we're seeing a lot of one-size-fits-all, throw-it-at-everything type of integration. And a lot of times AI is not the answer for things. With this, though, people tend to agree that it is something that's needed right now. AI is already out there helping cyberattackers really step up their attacks. And we've been seeing that intensify over the past year. People seem to agree that you need AI to fight AI cyberattacks, essentially. It's kind of like medieval fortresses, where you're adding extra stones and building up the walls at the fortress higher because a war is coming. That's the sense I get when I talk to these experts about this. They know it's coming. It's just, 'Try to shore up your defenses now so that you're best prepared.'

Questions are being raised about the security precautions protecting a new AI model that is said to be extremely powerful at finding software vulnerabilities and could be used to launch major cyberattacks with a global impact. Financial news service Bloomberg reported on Tuesday that a small number of unauthorized people with knowledge of Anthropic systems gained access to the model known as Claude Mythos Preview. Anthropic said it was looking into the report. Earlier in April, Anthropic said it had developed an AI that was able to find security gaps in various major software programs, some of which had gone undetected for decades. In the wrong hands, the AI model could lead to the development of dangerous cyberweapons. Anthropic has no plans to release Mythos and has so far granted access to selected companies and organizations so they can fix vulnerabilities in their software. The developers of the Firefox web browser later announced that they were able to patch 271 security holes with Mythos. According to Bloomberg, an employee of an external Anthropic service provider who had access to the AI firm's systems was among the unauthorized users. The users were also helped by knowledge of how Anthropic stored previous models. The company told Bloomberg it had so far seen no evidence that there had been access to the model outside the service provider's systems. Announcing Mythos, Anthropic said it could discover "thousands" of serious vulnerabilities in widely used operating systems and web browsers. In the video software FFmpeg, the model tracked down a loophole that had been left unpatched for 16 years. AI-built software exploits in a few hours Mythos Preview was also able, within a few hours, to develop programmes to exploit these vulnerabilities, which experts said would have taken them several weeks. In a test, an early version of the software was given the task of breaking out of a shielded computer environment and reporting this to the tester. According to Anthropic, the software bypassed the security precautions, gained broader internet access for itself and sent the employee an email that surprised him while he was sitting in the park with a sandwich. The company did not specifically train the model to do all this, it said. With rapid progress in artificial intelligence, such capabilities could soon be available to online attackers, Anthropic warned. In a partnership called Project Glasswing, companies are being given access to Mythos to find security flaws. Partners include Apple, Amazon, Microsoft, NVIDIA. the Linux Foundation, the IT security firms CrowdStrike and Palo Alto Networks and the network specialist Cisco. Worries among finance industry News of an AI that can find and exploit weaknesses in major software previously considered secure has caused concern in the financial industry, among others. Joachim Nagel, the president of Germany's central bank, the Bundesbank, warned of significant risks to the financial sector, pointing to new and complex threats from autonomous AI agents engaging in harmful behaviour. "Early identification and containment of such risks is of crucial importance for financial stability, as the current discussion about Anthropic's Mythos makes clear," Nagel said. The AI model appeared to be a double-edged sword because it could be used not only to improve digital security systems but also to exploit their vulnerabilities for malicious purposes. "We must prevent the misuse of this technology." At the same time, all relevant institutions would have to have access to the technology in order to avoid distortions in competition. Anthropic is best known for the AI software Claude, which competes with OpenAI's ChatGPT. The company recently made headlines over a dispute with the Pentagon: Anthropic denied the use of its AI in autonomous weapons or for mass surveillance in the US. The Defense Department then declared Anthropic a supply chain risk, largely blocking the company's path to doing business with the US government. Anthropic is taking legal action against this.

This afternoon, both passengers and staff were temporarily barred from the check-in area of Terminal 1 at Perth Airport due to a security incident involving federal and state police. Reports indicate that a man allegedly entered the terminal making threats, abandoned a bag, and then left the premises. According to a spokesperson for Perth Airport, an exclusion zone was set up on the Terminal 1 forecourt as a safety measure. This led to the temporary closure of the terminal's check-in areas and short-term parking facilities. "Perth Airport is working closely with airline partners and relevant agencies to return operations to normal as quickly as possible. Members of the public were asked to avoid the area. One passenger said the airport was obviously trying to keep people safe in the face of something serious but criticised its communication. "[We're] just wondering how long we're going to have to wait and if we're going to actually make our flights home tonight," she told 9News.

Anthropic's unreleased Claude Mythos is at the center of a cybersecurity debate. Its coding capabilities are so powerful that in pre-release tests, the model identified thousands of previously unknown vulnerabilities in major operating systems and web browsers. Since then, many have questioned whether the model is truly the future of cybersecurity or simply a normal step forward wrapped in overhype. Mozilla has now tipped the scales in Anthropic's favor, sharing in the zero-days are numbered blog post that early access to Mythos Preview helped it pre-identify 271 security vulnerabilities in the latest Firefox release. Firefox CTO Bobby Holley added that "in the never-ending battle between cyberattackers and cyberdefenders, defenders finally have a chance to win, decisively." According to the post, Mythos detected these hundreds of vulnerabilities simply by analyzing unreleased code from the browser's latest version. The post didn't go into detail on the severity of these vulnerabilities, but Holley compared Mythos to earlier AI tools, noting that Anthropic's Claude Opus 4.6 had detected only 22 security bugs when analyzing Firefox 148. Despite the impressive numbers, Holley made clear that Mythos did not identify any bugs that an elite human researcher couldn't have found. This suggests that AI isn't, at the moment, able to crack cybersecurity protections any better than a person can. He was quick to add, however, that using Mythos saved the company months of costly human effort to find a single bug, and the new AI model is every bit as capable as the world's best security researchers. "Computers were completely incapable of doing this a few months ago, and now they excel at it," Holley wrote. Speaking to Wired, he added that AI-aided vulnerability analysis is something every software company will need to integrate into its workflow to identify the hundreds of bugs "buried underneath the surface that are now discoverable." While future models may surpass Mythos and catch bugs current versions miss, Holley said he's confident that, at least for Firefox, the early head start has helped round the curve. But the results also carry a darker implication. Such tools in the wrong hands could enable new forms of cyberattacks and automate the discovery of exploitable vulnerabilities across widely used software at scale. That is likely why Anthropic has restricted access through a program called Project Glasswing, which allows select technology companies, including Amazon, Apple, and Microsoft, to use the model to scan software for weaknesses.

SpaceX partners with AI startup Cursor, with reported $60 billion acquisition option reshaping AI infrastructure dynamics globally. A reported agreement structure in which SpaceX has secured an option to acquire AI coding startup Cursor for up to $60 billion is more than a headline about corporate expansion. It is an indicator of how AI tooling is being repositioned as core infrastructure rather than auxiliary software, according to multiple reports including Reuters and TechCrunch coverage of the deal. The structure of the arrangement, as reported, includes two pathways. SpaceX may either proceed with a full acquisition valued at approximately $60 billion or pursue a strategic collaboration estimated at around $10 billion. Cursor, which operates in the AI-assisted software development space, sits at the centre of this shift. Its tools are designed to assist with coding workflows, placing it directly inside the software production pipeline rather than at the edge of it. That distinction is becoming increasingly important in how AI companies are valued and positioned. According to reports, the arrangement between SpaceX and Cursor is structured as an option rather than an immediate acquisition. This gives SpaceX flexibility to determine whether Cursor becomes part of its broader AI and software infrastructure strategy or remains a long-term partner in a collaboration model. The $60 billion figure attached to the potential acquisition reflects the upper bound of the reported option, while the $10 billion alternative represents a non-acquisition partnership structure focused on joint development work in AI systems. This dual structure reflects a broader trend in high-value AI deals, where companies increasingly negotiate access to capability rather than immediate ownership. Cursor operates in the AI coding assistant segment, which has emerged as one of the most commercially active areas of applied artificial intelligence. The company builds tools that integrate directly into developer workflows, assisting in writing, debugging, and structuring software code. Cursor is part of a competitive ecosystem of AI coding tools that sit between foundation models and application deployment environments. This positioning makes such companies strategically significant because they influence how software is produced at scale. Unlike consumer-facing AI applications, coding assistants operate at the infrastructure layer of software creation, shaping productivity systems used by developers and engineering teams. Reuters reporting frames the potential Cursor transaction within SpaceX's broader movement into AI-enabled systems. While SpaceX is primarily known for aerospace and satellite infrastructure, its reported interest in AI tooling reflects an expansion into software intelligence systems that support engineering and operational workflows. This move also aligns with increasing convergence between AI development tools and large-scale infrastructure companies, particularly those managing complex distributed systems. AI coding platforms have become one of the fastest-adopted categories in developer ecosystems. These tools are increasingly embedded into daily software development workflows rather than being used as optional utilities. This creates structural dependence, where developers interact with AI systems at the earliest stage of software creation. Cursor's reported valuation and strategic positioning reflect this shift, where coding tools are no longer treated as productivity add-ons but as infrastructure components within the software economy. The reported SpaceX-Cursor arrangement fits into a wider pattern seen across the technology sector in recent years, where major platforms acquire or partner with companies controlling critical layers of digital production. Previous examples include: Each of these moves reflects a gradual consolidation of tools that sit between human decision-making and digital output systems. However, unlike earlier cycles, AI coding assistants operate at the generation layer itself, influencing how software is constructed rather than simply how it is stored or deployed. The reported SpaceX option to acquire Cursor is not simply a corporate transaction. It reflects a broader shift in how AI systems are being positioned within the digital economy. As AI coding tools move closer to infrastructure status, the central question is no longer only about innovation or valuation. It is about control over the systems that define how software itself is created. Whether Cursor remains an independent tool or becomes part of a larger integrated ecosystem will determine not just its corporate trajectory, but also how future software systems are built, distributed, and governed. The reported SpaceX-Cursor arrangement reflects a deeper structural shift in how AI power is being organised, where control over compute is becoming as decisive as control over code. Cursor's own disclosures underline that model progress is increasingly constrained by access to large-scale infrastructure, raising questions about dependency and concentration in AI tooling. While innovation is accelerating, the consolidation of critical developer tools within large ecosystems risks reducing openness in software creation. The key concern is not the deal itself, but what it signals for long-term digital autonomy. Also Read: The Extraction Economy: Meta To Track Employee Mouse Movements And Keystrokes To Train AI
Regulators in Asia, Europe and the United States have warned banks to review defences and preparedness. India's central bank is in talks with global regulators, Indian lenders and government officials to understand the potential risks posed by Anthropic's new artificial intelligence model Mythos, three sources said. The Reserve Bank of India's preliminary assessment - just like that of global regulators - suggests Mythos could pose cybersecurity risks by accelerating the discovery and exploitation of software vulnerabilities, the sources, all familiar with the central bank's thinking, said. Regulators in Asia, Europe and the United States have warned banks to review defences and preparedness. In Japan, the financial watchdog will meet banks this week, while the Australian central bank said it is monitoring Mythos-related developments. RBI officials have over the past fortnight held consultations on Mythos-related risks with counterparts at the US Federal Reserve and the Bank of England in particular, according to one of the sources. The RBI may seek direct engagement with Anthropic, the sources said. "Globally, we are discussing with other countries and other regulators on what are the developments and what safeguards need to be taken," one of the sources said. India's payment authority, the National Payments Corporation of India (NPCI), is trying to secure early access to Mythos alongside a small number of banks, to identify vulnerabilities and "day‑zero" cyber risks ahead of any broader rollout, this source said. However, such access may not be forthcoming as Anthropic's Mythos systems is hosted on strictly-controlled servers in the U.S. and running tests on local data in foreign jurisdictions could prove challenging, said a fourth source aware of the matter. Access to Mythos has been limited to a small number of organisations involved in maintaining key digital infrastructure in the U.S. Anthropic plans to provide Mythos access to European banks soon, Reuters reported earlier this week. Email requests for comment sent to RBI and NPCI were not immediately answered. The RBI is preparing broader guidelines for banks entering enterprise partnerships with advanced AI models, including Mythos and Anthropic's Claude family, as part of a longer‑term strategy on AI adoption, according to two of the sources. The discussions are at an early stage but the central bank will insist that all analytics based on data of Indian customers complies with RBI's domestic data localisation, the sources said. The RBI data localization rule, issued in 2018, requires all payment system providers in India to store end-to-end transaction data, including user information and payment messages, exclusively on servers located within India.

A small group of unauthorized users accessed Anthropic's Claude Mythos Preview on the same day the company announced its controlled release, according to Bloomberg. The incident raises questions about Anthropic's ability to contain a model it deemed too dangerous for public release. How a Discord Group Walked Into Mythos Members of a private Discord channel dedicated to hunting unreleased AI models made an educated guess about the Mythos endpoint URL. "Anthropic said Mythos was too dangerous to release. Then four random guys in a Discord gained access on day one by guessing the URL...," wrote Josh Kale, a popular user on X. They reconstructed Anthropic's naming conventions using data exposed in the Mercor breach three weeks earlier, Bloomberg reported, citing a person familiar with the matter. One group member also held legitimate evaluation credentials through contract work for an Anthropic vendor. Those credentials, combined with the guessed URL, granted the group ongoing access. The users have reportedly been running Mythos regularly since gaining entry. However, they have avoided cybersecurity-related prompts and instead used it for benign tasks like building simple websites. Anthropic confirmed it is investigating the report but said it has found no evidence the access extended beyond the vendor environment. Anthropic has said Mythos can identify and exploit zero-day vulnerabilities in every major operating system and web browser. Under Project Glasswing, the company restricted access to roughly 40 approved organizations, including Apple, Amazon, and Cisco, strictly for defensive security testing. White House Pushes Federal Access Despite Pentagon Ban The breach comes as the White House moves to expand Mythos access to civilian federal agencies. The Office of Management and Budget emailed Cabinet officials on April 15 outlining plans for a safeguarded version of the model. This represents a reversal from earlier this year, when the Pentagon designated Anthropic a "supply chain risk" after the company refused to remove safety guardrails for military use. "We will not let ANY company dictate the terms regarding how we make operational decisions," Defense Department spokesman Sean Parnell wrote on X. A federal judge later paused the broader ban following an Anthropic lawsuit. Anthropic CEO Dario Amodei met White House officials on April 17, with both sides calling talks "productive." The NSA has already been using Mythos for vulnerability scanning despite the Pentagon blacklist, according to Axios.
Kalshi is reportedly launching crypto perpetual futures and Polymarket announced the same product the same day, putting both prediction market giants in direct competition with established crypto exchanges. Kalshi and Polymarket are entering the perpetual futures market, marking a significant expansion for both platforms beyond their prediction market roots and placing them in direct competition with established crypto exchanges. Kalshi is set to launch perpetual futures for assets such as Bitcoin, The Information reported on April 21, citing people familiar with the matter. Kalshi holds multiple CFTC licenses and secured approval for margin trading last month, giving it a regulatory path to offer the product onshore. The launch would be its first product outside event-based binary contracts. Polymarket responded the same day with an X post featuring a video showing leveraged trading on crypto, equities including Nvidia and Coinbase, gold, and other assets at up to 10x leverage, with the message: "We price the future. Now you can lever it." Polymarket registered with the CFTC as a designated contract market in July 2025. It has not specified whether its perpetuals will be offered on its US-facing platform, its international version, or both. An early-access waitlist went live at polymarket.com/perps. The move arrives as both platforms are raising significant capital. Kalshi was finalizing a $1 billion raise at a $22 billion valuation as of this week, while Polymarket is in talks to raise $400 million at a $15 billion valuation, according to The Information. Together they put direct competitive pressure on Coinbase, which closed a $2.9 billion acquisition of derivatives exchange Deribit in August 2025 and has been building a domestic perps offering but has yet to launch true open-ended perpetuals in the US.

This strategic move precedes SpaceX's planned public offering aimed at achieving a $1.75 trillion market cap On Tuesday, SpaceX revealed it has negotiated an option agreement to purchase AI coding innovator Cursor for $60 billion. Under terms of the arrangement, SpaceX commits to a $10 billion partnership investment should the acquisition fail to proceed. The aerospace company disclosed the arrangement through a statement posted on X, noting that both organizations have already established active collaboration on artificial intelligence and software development initiatives. Cursor ranks among today's most widely adopted AI-powered development environments. The platform enables programmers to leverage multiple AI systems from OpenAI, Anthropic, Google, xAI, and additional providers for code generation and troubleshooting assistance. Four Massachusetts Institute of Technology alumni established the company in 2023, initially launching as an encrypted communication platform before pivoting to become a prominent force in AI-assisted software development. Following a November 2024 investment round, Cursor achieved a $29.3 billion valuation. The current agreement would represent more than double that figure if finalized. A primary advantage for Cursor involves obtaining access to Colossus, the xAI supercomputing infrastructure situated in Memphis, Tennessee. SpaceX characterizes this facility as the planet's most powerful artificial intelligence computing system. "The combination of Cursor's leading product and distribution to expert software engineers with SpaceX's million H100 equivalent Colossus training supercomputer will allow us to build the world's most useful models," SpaceX said in its X post. Last autumn, Cursor introduced Composer, its proprietary AI system designed to minimize dependence on external AI providers that command significant licensing costs. Colossus access could enable substantial expansion of this technology. Cursor CEO Michael Truell said he was "excited to partner with the SpaceX team to scale up Composer," calling it "a meaningful step on our path to build the best place to code with AI." Earlier this year, SpaceX integrated Elon Musk's artificial intelligence venture xAI into its aerospace business operations. The Cursor arrangement represents part of a larger strategic initiative to challenge OpenAI and Anthropic in the AI development tools sector. Cursor directly competes with Anthropic's Claude Code platform and OpenAI's Codex system. In March, two senior product engineering leaders departed Cursor to join SpaceX and xAI. SpaceX is preparing for an unprecedented initial public offering in the months ahead, pursuing approximately $1.75 trillion in market capitalization through a $75 billion capital raise that would establish historic records. Additionally, the company has submitted regulatory applications to deploy up to one million AI-equipped satellites, proposing that solar-powered orbital computing centers could execute processing functions traditionally performed terrestrially. According to Wall Street Journal reporting, Cursor had previously declined acquisition proposals from multiple prominent artificial intelligence corporations.

Even the skeptics are benefiting from AI as the tech stocks in investors' portfolios transition into artificial intelligence stocks. OpenAI and Anthropic are both on the cusp of going public, with some investors anticipating their initial public offerings (IPOs) before the end of this year. And while those two companies are arguably the most influential software players in artificial intelligence (AI), not everyone is thrilled with AI in general. A recent NBC poll found that 57% of registered voters believe the potential risks of AI outweigh the potential benefits. While that may seem like a red flag for OpenAI and Anthropic, the companies probably don't have too much to worry about. Despite the public's concerns about AI, many investors are eager to buy AI stocks -- and most are anticipating the upcoming IPOs. In a recent survey from The Motley Fool, 62% of respondents said they were confident that companies investing heavily in AI would deliver strong, long-term returns. And among investors who already own AI stocks and AI exchange-traded funds (ETFs), the percentage jumps to 93%. It's not all that surprising that investors are more excited than the general public. There's a lot of uncertainty around how AI will impact many jobs, and some bosses are forcing workers to transition their workflows in ways that use more AI systems. But some investors are looking past the current difficulties and are instead focusing on the growth many tech giants have experienced lately. Here are some of the latest results for three top AI companies. Data source: Yahoo Finance and YCharts. The sale and earnings growth of these companies -- and their huge share price gains -- make it easy to see why investors may have high hopes for OpenAI and Anthropic stock, which they will soon be able to buy. Both of these privately held companies recently completed massive funding rounds that no doubt drew additional attention from investors. OpenAI raised $122 billion last month at a price that pushed its valuation up to $852 billion, and Anthropic recently raised $30 billion at a level that lifted it to a $380 billion valuation. OpenAI has 900 million weekly users, and management projects that it will have $280 billion in annual revenue by 2030. Anthropic, for its part, estimates it will have annual revenues of $150 billion by 2029. That company hasn't officially disclosed its weekly or monthly active user counts, but some estimates put total Claude users at around 30 million. There's another side to this that investors should be aware of if they aren't already: Tech investing has changed dramatically over the past few years. There isn't one tech company out there that isn't either pivoting to AI or adapting its business to be built around it in some way. And no, I'm not talking about so-called AI companies like Allbirds, which up until a couple of weeks ago was a shoe company. I mean that even if you're a tech investor (and are hesitant about AI), you're now an AI investor, like it or not. Consider that Microsoft (MSFT +1.47%), one of the leading software companies of the past 50 years, has invested billions of dollars into OpenAI and owns a nearly 27% stake in the company. And Alphabet (GOOGL 1.54%) (GOOG 1.49%), the tech and advertising behemoth, has one of the top AI models, Google Gemini. The company's AI already has hundreds of millions of users and will soon become the foundational model for an upcoming version of Apple's Siri, yet another tech giant shifting into AI. The point I'm trying to make is that even if the public doesn't like AI and doesn't want to invest directly in Anthropic and OpenAI after their IPOs, the tech landscape has shifted so dramatically that the 401(k)s, IRAs, and other investment accounts of the average person are now chock-full of AI companies. OpenAI and Anthropic are two of the biggest drivers of that change, and it's only going to get more difficult to differentiate between a tech stock and an AI stock. So while a large swath of the public isn't too enthusiastic about what AI will mean for them, their retirement accounts may eventually benefit from OpenAI and Anthropic's upcoming IPOs regardless.

That's a funny way to describe a $1.2 trillion company, but Tesla's increasingly feeling like it's playing second fiddle to SpaceX. Musk's space company, which houses his AI startup, xAI, is eyeing a historic IPO that could value it at up to $2 trillion. (He's also got a court case against Sam Altman to worry about, but that's another story entirely.) Meanwhile, the excitement around Tesla, which reports earnings this afternoon, is considerably less. The stock is down nearly 12% this year as Musk keeps pitching the world's most valuable car company as anything but a car company. From robots to robotaxis, Musk's vision for Tesla's future is very AI-focused. And it's discontinuing some car models to make room for those bets. Some progress is being made -- robotaxi service just came to Dallas -- but it's not yet bringing in meaningful revenue. Tesla's pivot is difficult to execute in the best of circumstances, let alone when your boss has an even bigger company he's preparing to take public. Musk's attention isn't the only thing Tesla is vying for. The bigger risk: investors jumping ship from Tesla to SpaceX. After all, a good chunk of Tesla investors (potentially even the majority) are more interested in backing Musk than the actual company. SpaceX represents a new way to do this, with the added benefit of being a company not in the middle of a major transformation. That doesn't mean SpaceX is a safe bet. Shooting rockets into space is a risky, expensive, and unforgiving business. And xAI's organizational structure has been in a constant state of flux, with all of Musk's cofounders having now departed. Recently, Tesla has also seen renewed interest from retail investors, according to data from Vanda Research, which is Musk's bread and butter. As crazy as this sounds, Tesla could be viewed as more of a value play (compared to SpaceX) for investors looking to invest in the Muskonomy. Still, investors love a good story. And it doesn't get much better than a space company with its eye on Mars that's on the cusp of one of the biggest IPOs.
Anthropic is investigating a claim that a small group of people gained access to its Claude Mythos model - the cyber-security tool which the AI firm says is too powerful to release to the public. "We're investigating a report claiming unauthorized access to Claude Mythos Preview through one of our third-party vendor environments," the company said in a statement. It was in response to a Bloomberg report, external that users in a private forum managed to access the model without the normal permissions. There is deep unease about Mythos' capabilities - though the UK's top cyber official has said advanced AI tools could be a "net positive" if the technology was secured from misuse.

my reno rules 2026 has entered the conversation with two competing signals: a bigger prize pool and a first episode framed by early chaos. The tension is simple but important -- a rising reward can sharpen competition, yet it can also magnify the pressure that makes a budget blowout harder to ignore. What is the central question behind My Reno Rules 2026? Verified fact: the available material points to three headline ideas: "I did not know this": Portelli goes rogue; My Reno Rules 2026 Episode 1 recap: "Manipulator" exposed as budget blowout sparks early chaos; and My Reno Rules prize money skyrockets. Taken together, they suggest that the season is being framed around surprise, conflict, and money at the same time. Informed analysis: the public question is not just who is reacting strongly in Episode 1. It is whether the structure of the competition is already pushing contestants into a more volatile environment. When a show is discussed through both a sharp budget blowout and a prize-money jump, viewers are invited to see financial pressure as part of the story, not a side note. What does the budget blowout tell viewers? Verified fact: the episode recap identifies a "budget blowout" as a central trigger for early chaos. That phrase matters because it places money management at the center of the opening conflict rather than at the edge of it. The context does not provide a breakdown of the overspend, who approved it, or what exact line item caused the problem, so those details should not be assumed. Informed analysis: even without those missing specifics, the framing is significant. A budget blowout in an opening episode usually signals that the season will test discipline as much as design or execution. It also implies that the first real drama is not a final reveal, but an early financial strain that sets the tone for later decisions. That is especially important when the same broader discussion includes a higher prize, because larger rewards can make every misstep feel more consequential. Why does the prize money matter now? Verified fact: the prize money for My Reno Rules is described as skyrocketing. No amount is provided in the material, so the article cannot assign a number or compare it to a specific earlier figure. Informed analysis: the significance of a prize jump is not merely promotional. It changes the balance of risk and reward for everyone involved. If the reward grows while the first episode is already defined by budget stress, then the competition is no longer only about style or performance. It becomes a test of who can absorb financial pressure without losing control. That is where my reno rules 2026 becomes more than a title: it becomes a marker for a season shaped by escalation. There is also a possible effect on audience expectations. A bigger prize usually raises the sense that every setback matters more, because the path to the finish line is more valuable. In that sense, the budget blowout is not isolated drama. It is part of a structure that may reward resilience under strain. Who benefits from the way this story is framed? Verified fact: the names and roles available in the context are limited to Portelli, the "Manipulator" label, and the competition itself. The context does not supply formal titles, institutional affiliations, or responses from any identified individual, so any attribution beyond those names would go beyond the record provided. Informed analysis: the framing benefits attention. A story about a contestant "going rogue" and another being exposed as a "Manipulator" is built for immediate interest because it creates clear conflict points. At the same time, a skyrocketing prize raises the stakes for the audience and the participants alike. That combination can help a season cut through noise, but it can also compress a complex competition into a few loaded labels. What is missing is equally important. The available material does not explain the full accounting behind the blowout, the terms of the prize increase, or whether any formal rule changes accompanied the new stakes. Without those details, viewers are left with a dramatic outline rather than a complete ledger. What should viewers watch for next? Verified fact: the first episode has already been linked to early chaos, and the broader discussion has already elevated prize money as a major point of interest. Those are the only confirmed anchors in the material provided. Informed analysis: the next test will be whether the season treats the budget blowout as a one-off shock or as the first sign of a deeper pattern. If the pressure keeps building, then the early narrative may end up being less about personality and more about financial discipline. That would make my reno rules 2026 a competition where money is not just the prize, but the force shaping the entire contest. The public should be able to see the numbers, the rules, and the consequences clearly. Until those details are spelled out, the strongest reading of the available record is straightforward: a larger prize and an early budget crisis are pulling the season in opposite directions, and that tension is now the real story behind my reno rules 2026.

Polymarket, the long-time leader in prediction market trading volume, has fallen behind its chief rival as it faces a growing list of operational stumbles in its attempt to reach a crucial audience: US customers. A string of delays, in addition to the startup's disruptive approach to an already disruptive industry, has drawn blowback from customers and lawmakers, and at times even tested the patience of its biggest investor, , according to people familiar with the situation. The setbacks are shaping a battle for the soul of a booming industry that is trying to change the nature ...

In this episode of Trader Talk, host Kenny Polcari is joined by Amy Wu Silverman, RBC Capital Markets Head of Derivatives Strategy, Kevin Kelly, Kelly Intelligence Founder, CEO, and CCO, and former Ellevest Head of People Ops, Amanda Polcari, to analyze the current disconnect between geopolitical tensions and market volatility. The VIX remains surprisingly subdued as investors look past short-term chaos toward earnings and Fed policy, but can it last?
A man caused IT chaos in his hometown after he repeatedly cut fibre optic broadband cables. Mickey Probert, 37, severed cables six times in Wavell Crescent and Hamilton Court in Pembroke Dock between September 29, 2023 and January 23, 2024. The cables belonged to Welsh internet provider Ogi who were left more than £26,000 out of pocket as a result of the vandalism, Joseph Hocquard, prosecuting, said. An employee said in a victim impact statement that the company had suffered "reputational damage" as a result of the defendant's actions. Swansea Crown Court heard Probert caused "severe disruption" to broadband services in Pembroke Dock with some customers also left with access to making 999 calls. His motive for causing the damage was unclear but it was hinted that it might have been a "revenge attack" as he made a comment to police officers about "until their people pay me". The defendant was caught red-handed during the early hours of January 23, 2024. When he was arrested, he was wearing a woolly hat and latex gloves and carrying a wire cutter, screwdriver and a torch. A metal crowbar was also found nearby after he had cut through cables for the sixth and final time. Judge Huw Rees criticised Dyfed-Powys Police for their handling of the case which led to a two-year delay in proceedings coming to court. It took them 12 months before they charged him. "The police had enough evidence on his arrest to interview him that day and this will count in his favour," he said. "He was caught red-handed." The judge added that had the matter been dealt with properly, Probert would have be starting an immediate prison sentence. The defendant, formerly of Wavell Crescent, Pembroke Dock, now of Laugharne Close, Pembroke pleaded guilty to criminal damage. He has previous convictions for 13 offences which include criminal damage as well as violence, dishonesty and "public order matters in pubs". It was heard in mitigation by his barrister Hannah George how "alcohol is clearly a problem for the defendant". Judge Rees told Probert: "This is a serious example of its kind." He jailed him for 16 months but suspended the sentence for two years. The defendant will have to complete a 20-day rehabilitation activity requirement and he was made the subject of a 120-day alcohol abstinence and monitoring requirement. Probert will also have to pay a victim surcharge. Before he left the dock, the judge said to him: "Please don't come back to this court. "You'd be foolish if you did."
SpaceX is moving ahead with plans for one of the most anticipated IPOs in history as it hosts key aerospace and technology analysts from Wall Street this week for three days of closed-door meetings. The meetings aim to give them access to their operations and future plans, and will be held over three days at the firm's launch center in Texas and a data center in Tennessee, three individuals close to the matter said. SpaceX IPO May Target $75 Billion, June Listing In Focus As it gears up for its upcoming listing, the Elon Musk-owned firm is planning to gather interest among investors. The SpaceX IPO may value the firm at $75 billion, making it the largest public offering on record. Sources close to the firm say it is aiming to make the listing earlier than expected and the IPO may take place as early as June. The presentations kick off with an all-day meeting and analyst tour on Tuesday at the satellite and rocket maker's Starbase launch facilities in Boca Chica, Texas, the sources said. Another group of analysts representing institutional investors, including big mutual funds and pension plans, will be briefed in a separate session at Starbase on Wednesday, they added. On Thursday, the analysts have been invited to review the company's "Macrohard" project at its Colossus data center in Memphis, Tennessee, they said. Attendees are expected to surrender electronic devices to participate in the meetings, said one of the sources, who all spoke on condition of anonymity as the information was not public. SpaceX did not respond to a request for comment. Reuters was the first to report on the plans to host analysts earlier this month. The inclusion of Starbase on the tour and the three days of briefings have not been reported previously. Analyst Meets Part Of Standard IPO Preparation Process Analyst days are a standard part of the IPO process, in which companies brief analysts on their business, financial outlook and long-term strategy ahead of a public listing. Some of the analysts set to attend have also received copies of SpaceX's confidential registration filing, though the document contained limited information, two of the sources said. SpaceX Financials Come Under Spotlight Ahead Of Listing The filing, excerpts of which were reviewed by Reuters, gives investors the first look at SpaceX's financial health after Musk combined the rocket maker with his social media and AI company xAI this year. The combined company ended 2025 with about $24.7 billion in cash on hand, but more than $50 billion in liabilities. Heavy Investments Push SpaceX Into Loss In 2025 SpaceX swung to a $4.94 billion consolidated loss in 2025 on $18.67 billion in revenue as it invested heavily in xAI's artificial intelligence infrastructure, from a $791 million profit and $14.02 billion in revenue the year before, the excerpts show. 'Modeling Day' Planned To Guide Analyst Projections About two weeks after the analyst days, SpaceX is expected to hold a separate "modeling" day for a select group of Wall Street analysts, some of whose banks are working on the deal, two of the people said. At such sessions, companies typically walk analysts through financial projections, business thesis and the other key data that will help analysts calculate earnings estimates before the listing. SpaceX Chief Financial Officer Bret Johnsen has about two months to convince some of Wall Street's top analysts, and ultimately investors, that the company is worth an almost unfathomable $1.75 trillion. xAI Merger Adds Scale But Complicates Valuation Musk merged xAI with SpaceX in February, bringing under one roof the billionaire's rockets, Starlink satellites, the X social media platform and Grok AI chatbot. The combination created a tech and aerospace conglomerate like no other, but it also makes valuing SpaceX tricky. To justify the $75 billion Musk hopes to raise as well as the lofty valuation, at least one large institutional investor has been using unusual benchmarks to explain the math, Reuters previously reported. Investors Use New Benchmarks To Value SpaceX IPO Rather than comparing SpaceX to legacy aerospace and telecom giants like Boeing BA.N and AT&T T.N, that investor has been benchmarking it against Palantir Technologies PLTR.N and artificial intelligence infrastructure companies like GE Vernova GEV.N and Vertiv VRT.N -- a framework described to Reuters by a person familiar with the valuation discussions. SpaceX IPO To Include Strong Retail Investor Push Musk also plans to reward the retail investors who have sent shares of electric vehicle company Tesla to illogical heights, trading at a valuation closer to a tech company than an automaker. He plans to set aside some 30% of SpaceX shares for retail investors, hosting 1,500 to tour Starbase after the roadshow kicks off in the June 8 week, people familiar with the matter have told Reuters. Musk is also opening up initial share sales to international retail investors from the UK, EU, Australia, Canada, Japan and Korea, Reuters previously reported. Global Banks Line Up To Lead Landmark SpaceX IPO The structure of the deal and precise amount of the retail allocation are expected to be finalized closer to the IPO launch. Morgan Stanley, Bank of America, Citigroup, JPMorgan and Goldman Sachs are leading the deal as active bookrunners, with 16 other banks in smaller roles spanning institutional, retail and international channels, Reuters previously reported. Elon Musk To Retain Control Post SpaceX Listing Musk will retain voting control of SpaceX after the satellite and rocket maker goes public later this year through a dual-class share structure that limits other investors' say over corporate decisions, the IPO filing shows.

After a turbulent episode of I'm A Celebrity All Stars, the drama is set to continue as it's been revealed that more stars will be sent packing in Wednesday's episode. The camp was thrown into chaos on Tuesday when Adam Thomas and Jimmy Bullard were involved in a verbal clash after the footballer forfeited the Bushtucker Trial in a bid to leave the show. Now, it's been revealed that the remaining stars will go head-to-head in another challenge, and the one who completes it in the slowest time will be heading home. Following Jimmy's sensational decision to quit the show, a trial later in the episode will also see another star deliver the famous 'I'm A Celebrity... Get Me Out Of Here!' leaving their future in the savannah hanging in the balance. The celebrities are told they'll all be taking part in a challenge called Keys to Success. One at a time they'll attempt it and it will decide their fate in the competition. Scarlett Moffatt comments that since this is a challenge, it's not for meal stars and guesses it will be for whoever leaves camp next. After a turbulent episode of I'm A Celebrity All Stars, the drama is set to continue as it's been revealed that more stars will be sent packing in Wednesday's episode The camp was thrown into chaos on Tuesday when Adam Thomas and Jimmy Bullard were involved in a verbal clash after the footballer forfeited the Bushtucker Trial Now, it's been revealed that the remaining stars will go head-to-head in another challenge, and the one who completes it in the slowest time will be heading home Once the celebrities arrive for the challenge they read a scroll and get a shock. The campmate who takes the longest time to complete the challenge will be sent home. Who will face a shock exit so close to Friday's live final? Later in the show, the remaining celebrities are told they'll face the next trial in pairs, and only the first two pairs to complete the trial are safe from elimination, meaning even more celebrities will go. They explain that the trial is called Dragged Through Hell, and each celebrity pair will be shackled together, back to back by the waist and ankles. While a wall will separate them from their partner, they'll be connected by a chain. The pair will need to work together to solve maths questions, solve codes and unlock the lockers to find a key that releases them from their shackles, with plenty of surprises along the way. In a shocking twist, one celebrity delivers the fateful 'I'm A Celebrity... Get Me Out Of Here?' But which one will it be? Following Jimmy's sensational decision to quit the show, a trial later in the episode will also see another star deliver the famous 'I'm A Celebrity... Get Me Out Of Here!' The celebrities are told they'll all be taking part in a challenge called Keys to Success. One at a time they'll attempt it and it will decide their fate in the competition Once the celebrities arrive for the challenge they read a scroll and get a shock. The campmate who takes the longest time to complete the challenge will be sent home Later in the show, the remaining celebrities are told they'll face the next trial in pairs, and only the first two pairs to complete the trial are safe from elimination Viewers were aghast on Tuesday as Jimmy sensationally decided to quit I'm A Celebrity by ditching the trial Rancid Run. He and Adam had been paired up for the challenge, meaning if one of them gave up, they would both be sent home. The feud saw Adam shout after Jimmy's decision to quit: 'If you f*****g wanted to go. Don't take me with you. What is up with you? 'All you have to do is run through some mud and you said "I'm A Celebrity, Get Me Out Of Here." Jimmy replied: 'It ain't about that. I wanted to go home.' Adam said: 'Well, go home then in camp. Don't do it on my f*****g watch. A quitter bro, I don't quit'. The actor later broke down in tears as he admitted he regretted losing his temper and had wanted to do his children proud. Watching the scenes unfold, viewers wrote on X their thoughts, believing Jimmy's actions were the final straw for Adam. The actor had already faced scrutiny from David Haye in camp for days on end, which sparked viewers to say he was being bullied by the boxer. Adam and Jimmy are said to be still not on speaking terms, with this reportedly throwing the live final into chaos, as Jimmy faces losing 20 per cent of his show fee if he refuses to appear. Jimmy wasn't the only star to quit the star-studded spin-off, as Beverley tearfully told her campmates earlier in the episode she would be leaving on medical grounds after a 'funny turn'. Four months after filming, she was diagnosed with early-stage breast cancer. Bosses had attempted to keep Beverly's unexpected departure under wraps, but it was unfortunately leaked on a fan site just hours before it was due to air. Craig Charles has also appeared to let slip he makes it to the final four on the show, three days before the finale is due to take place. I'm A Celebrity... South Africa airs weeknights at 9pm on ITV1 and ITVX.

Anthropic's new AI model is so effective at identifying software vulnerabilities that it can be used to break past security systems of major programs. Anthropic is not making it public, and yet some individuals have already gained unauthorised access. Questions are being raised about the security precautions protecting a new AI model that is said to be extremely powerful at finding software vulnerabilities and could be used to launch major cyberattacks with a global impact. Financial news service Bloomberg reported on Tuesday that a small number of unauthorized people with knowledge of Anthropic systems gained access to the model known as Claude Mythos Preview. Anthropic said it was looking into the report. Earlier in April, Anthropic said it had developed an AI that was able to find security gaps in various major software programs, some of which had gone undetected for decades. In the wrong hands, the AI model could lead to the development of dangerous cyberweapons. Anthropic has no plans to release Mythos and has so far granted access to selected companies and organizations so they can fix vulnerabilities in their software. The developers of the Firefox web browser later announced that they were able to patch 271 security holes with Mythos. According to Bloomberg, an employee of an external Anthropic service provider who had access to the AI firm's systems was among the unauthorized users. The users were also helped by knowledge of how Anthropic stored previous models. The company told Bloomberg it had so far seen no evidence that there had been access to the model outside the service provider's systems. Announcing Mythos, Anthropic said it could discover "thousands" of serious vulnerabilities in widely used operating systems and web browsers. In the video software FFmpeg, the model tracked down a loophole that had been left unpatched for 16 years. AI-built software exploits in a few hours Mythos Preview was also able, within a few hours, to develop programmes to exploit these vulnerabilities, which experts said would have taken them several weeks. In a test, an early version of the software was given the task of breaking out of a shielded computer environment and reporting this to the tester. According to Anthropic, the software bypassed the security precautions, gained broader internet access for itself and sent the employee an email that surprised him while he was sitting in the park with a sandwich. The company did not specifically train the model to do all this, it said. With rapid progress in artificial intelligence, such capabilities could soon be available to online attackers, Anthropic warned. In a partnership called Project Glasswing, companies are being given access to Mythos to find security flaws. Partners include Apple, Amazon, Microsoft, NVIDIA. the Linux Foundation, the IT security firms CrowdStrike and Palo Alto Networks and the network specialist Cisco. Worries among finance industry News of an AI that can find and exploit weaknesses in major software previously considered secure has caused concern in the financial industry, among others. Joachim Nagel, the president of Germany's central bank, the Bundesbank, warned of significant risks to the financial sector, pointing to new and complex threats from autonomous AI agents engaging in harmful behaviour. "Early identification and containment of such risks is of crucial importance for financial stability, as the current discussion about Anthropic's Mythos makes clear," Nagel said. The AI model appeared to be a double-edged sword because it could be used not only to improve digital security systems but also to exploit their vulnerabilities for malicious purposes. "We must prevent the misuse of this technology." At the same time, all relevant institutions would have to have access to the technology in order to avoid distortions in competition. Anthropic is best known for the AI software Claude, which competes with OpenAI's ChatGPT. The company recently made headlines over a dispute with the Pentagon: Anthropic denied the use of its AI in autonomous weapons or for mass surveillance in the US. The Defense Department then declared Anthropic a supply chain risk, largely blocking the company's path to doing business with the US government. Anthropic is taking legal action against this.

Engine trouble forces regulators to pause New Glenn launches after a satellite mission veers off course. The incident raises fresh questions about reliability, competition, and the future of reusable rockets in the fast-growing satellite race. A recent Amazon Blue Origin launch got hit by engine turbulence. The company attempted to deploy an AST SpaceMobile satellite using its New Glenn Rocket. However, the engine's technical issues never allowed it to reach the desired altitude. The incident prompted the Federal Aviation Administration to halt further launches until a full investigation is completed. The Jeff Bezos-led company was trying to launch a satellite with the rocket on its third flight. The primary objective of the mission was to establish the reliability of reusable launch technology. Instead, the engine issue forced engineers to reassess safety.
