News & Updates
The latest news and updates from companies in the WLTH portfolio.
Anthropic makes Claude Cowork generally available, days after it crashed Infosys, TCS and other SaaS stocks
Anthropic has announced that its Claude Cowork AI tool is out of preview and is now available to all users. The company has also introduced a few new controls in Cowork for enterprises. The autonomous AI tool first arrived on January 12 as a research preview. The company stated that it has been used by millions of users since then, with lakhs of users trying it every week. Its capabilities are not limited to coders. Claude Cowork can assist white-collar workers in various tasks, including payroll calculation, analysing the stock market of the day, handling legal aspects for clients, and more. Claude Cowork was released after the company realised that the popularity of its Claude Code AI tool had expanded beyond coding tasks and was being used for other types of work. Anthropic built Claude Cowork with an aim to enable everyone to work with Claude in a simpler way. Users only need to grant access to certain files and folders on their computer and define the task. Claude then completes the work without requiring any additional tools. Although the tool was popular among AI enthusiasts and professionals since its launch, it gained wider attention when the company enhanced its capabilities with new plugins. These plugins were highly capable, leading some investors to believe that SaaS (Software as a Service) is declining and prompting them to pull money from SaaS companies such as TCS and others. The plugins consist of pre-recorded instructions that simplify different workflows. For instance, the Finance plugin in Claude Cowork can analyse financials, build models, and track key metrics. The growing popularity of Anthropic's AI tools is reflected in its financial performance. The company reported annualised recurring revenue of $9 billion at the end of 2025, which has now reached $30 billion in March 2026. Anthropic is building on this growth momentum and is rapidly expanding its enterprise tools. It recently launched its latest artificial intelligence model, Claude Mythos Preview, followed by Claude Managed Agents, which make it easier for developers to build and run AI agents. Its growth has also emerged as a concern for rival companies. OpenAI has shut down its AI video-generation platform Sora and no longer supports video generation across its entire portfolio, including developer products. Due to the increasing popularity of Anthropic's enterprise products, OpenAI leadership has reportedly asked employees to stop "side quests" to focus more on enterprise offerings.
Anthropic Claude Mythos sparks security fears as Powell, Bessent warn bank CEOs
Anthropic decides not to release Claude Mythos for public use The US Treasury Secretary Scott Bessent and Federal Reserve Chair Jerom Powell have issued a dire warning to the financial sector, especially bank CEOs regarding AI-driven cyber risks. According to the sources privy to matter, reported by Reuters, the Treasury convened the meeting in Washington, aiming to make key industries and the financial sector aware of the security risks posed by Claude Mythos and other models. In the meeting, the CEOs were instructed to take effective steps against cyber threats to defend their systems. According to sources, invitations for the event were sent while most major U.S. bank CEOs were already in Washington for other business. While leaders from Citigroup, Morgan Stanley, Bank of America, Wells Fargo, and Goldman Sachs attended, JPMorgan CEO Jamie Dimon was reportedly unable to join. Recently, Anthropic has developed Claude Mythos Preview, a frontier model with unprecedented capabilities in finding and exploiting software and cybersecurity vulnerabilities. According to the US-based artificial intelligence company, the latest model is highly capable of identifying and misusing vulnerabilities across "every major operating system and every major web browser." Given Claude Mythos' unprecedented cyber capabilities, the model can overshadow skilled humans to find these weaknesses. Earlier this week, Anthropic took a proactive step and briefed senior US government officials and key industry stakeholders on potential capabilities of the AI model. Anthropic has managed to develop such a powerful AI model, but it could cause AI-driven cyber threats. The model autonomously found a 27-year-old vulnerability in OpenBSD and a 16-year-old flaw in FFmpeg that had been overlooked in millions of automated tests. When it comes to the Cybersecurity Vulnerability Reproduction benchmark, Claude Mythos (83.1 percent) outperformed Claude Opus 4.6 (66.6 percent). However, the model also discovered and chained multiple vulnerabilities together to gain full system control without human intervention, leading to autonomous exploitation. In the wake of unsettling and unregulated capabilities, Anthropic has decided to release the model for a handful of tech companies, such as Microsoft, Google, and 40 other organizations under the project named "Project Glasswing." Claude Mythos Preview will be accessible through the Claude API, Amazon Bedrock, Google Cloud's Vertex AI, and Microsoft Foundry.
xAI CFO Anthony Armstrong Leaves the Company
Anthony Armstrong, who became CFO of AI startup xAI in October, has reportedly left the company as part of a broader wave of senior exits, according to The Information. Before joining xAI, Armstrong worked as a banker at Morgan Stanley (MS) and advised Elon Musk during the acquisition of X. After taking the role, he reported to Bret Johnsen, who became the finance chief of the combined company following the merger between xAI and aerospace firm SpaceX. In addition to overseeing finances at xAI, Armstrong led financial operations at X. His job included helping stabilize the social media platform after it lost many advertisers, which happened after changes to its content moderation policies. Because of this, his departure comes at a time when both xAI and X are still working through major operational and financial changes. Meanwhile, these leadership changes are happening as SpaceX moves closer to a major milestone. The company is preparing for a highly anticipated IPO that could raise about $75 billion and value the business at up to $1.75 trillion. It has already begun working with banks on the deal and plans to offer a large portion of shares to retail investors. In addition, SpaceX is planning to host around 1,500 retail investors at a special event in June, which shows just how much interest there is around the offering. When it comes to Elon Musk's companies, most of them are privately held. However, retail investors can invest in his most popular company, Tesla (TSLA). Turning to Wall Street, analysts have a Hold consensus rating on TSLA stock based on 13 Buys, 11 Holds, and eight Sells assigned in the past three months, as indicated by the graphic below. Furthermore, the average TSLA price target of $392.63 per share implies 13.5% upside potential.
Powell warned bank CEOs on Anthropic model risks: sources
US Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell convened an urgent meeting with bank CEOs this week to warn of cyber risks posed by Anthropic's latest AI model, two sources familiar with the matter have said. Anthropic launched the powerful Mythos model earlier this week but stopped short of a broad release, citing concerns it could expose previously unknown cybersecurity vulnerabilities. The company has said the model is capable of identifying and exploiting weaknesses across "every major operating system and every major web browser". Last week, Anthropic said it was in ongoing discussions with US government officials about the model's "offensive and defensive cyber capabilities." A third source close to the matter reiterated Anthropic's outreach, saying the company proactively briefed senior US government officials and key industry stakeholders on Mythos's capabilities ahead of its release. The Treasury-hosted meeting in Washington on Tuesday was aimed at ensuring banks are aware of the risks posed by Mythos and similar models and are taking steps to defend their systems, one of the sources said. Invitations were sent while most CEOs of the largest US banks were already in Washington to attend other meetings, one of the sources said. Access to Mythos will be limited to about 40 technology companies, including Microsoft and Google, the startup has said. Bloomberg News, which first reported the matter, said the CEOs of Citigroup, Morgan Stanley, Bank of America, Wells Fargo and Goldman Sachs were present. JPMorgan CEO Jamie Dimon was unable to join, one of the sources told Reuters. Goldman Sachs, Wells Fargo and the Federal Reserve declined to comment. The US Treasury, lenders and Anthropic did not immediately respond to Reuters' requests for comment.
From a $2 trillion IT stocks wipeout to an emergency DC meeting: How Anthropic's AI is becoming Wall Street's biggest headache
US Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell called the heads of America's biggest banks to an urgent, short-notice meeting at the Treasury Department on Tuesday. The agenda wasn't interest rates or tariffs -- it was Anthropic's newest AI model and the cybersecurity risks it poses to the financial system.The CEOs of Bank of America, Citigroup, Goldman Sachs, Morgan Stanley, and Wells Fargo were all in attendance. JPMorgan Chase CEO Jamie Dimon was invited but couldn't make it. Every bank summoned is classified as systemically important by US regulators. The meeting was first reported by Bloomberg.At the centre of the discussion was Claude Mythos Preview -- a new, unreleased AI model from Anthropic that can find and exploit software vulnerabilities better than nearly any human.Anthropic says the model has already uncovered thousands of severe, previously unknown flaws across every major operating system and web browser. One vulnerability in OpenBSD -- widely regarded as one of the most secure operating systems in existence -- had gone undetected for 27 years. Another, in the widely used video tool FFmpeg, sat in a line of code that automated testing tools had hit five million times without catching the problem.On Wednesday, Anthropic announced Project Glasswing -- a defensive cybersecurity partnership with Amazon, Apple, Google, Microsoft, JPMorgan Chase, and others. The goal is to let these firms use Mythos to find and patch vulnerabilities before similar AI capabilities spread to attackers.Anthropic is putting up to $100 million in usage credits behind the effort and has donated $4 million to open-source security organisations. It has no plans to release Mythos to the public.Mythos isn't the first time Anthropic has rattled markets this year. The company's earlier releases -- including Claude Opus and its agent-building tools -- helped trigger a roughly $2 trillion selloff in enterprise software stocks, as investors confronted AI's potential to gut the per-seat SaaS licensing model. If 10 AI agents can do the work of 100 employees, you don't need 100 software subscriptions. The rout has been dubbed the "SaaSpocalypse."When details of Mythos then leaked in late March through a configuration error at Anthropic, cybersecurity stocks took a further hit as the market processed a new fear -- that AI could also commoditise the very security tools meant to protect against it.In his annual shareholder letter, Dimon wrote that cybersecurity remains one of JPMorgan's biggest risks and that AI will likely make it worse, requiring significant investment in defence. Anthropic says it has been in ongoing discussions with US government officials about Mythos's offensive and defensive capabilities. The Treasury Department, the Fed, and all the banks involved declined to comment.
Kraken's Bobby McMann: Nets equalizer Thursday - CBS Sports
McMann scored a goal on eight shots in Thursday's 4-3 shootout win over the Golden Knights. McMann had gone three games without a point entering this contest. The 29-year-old has now earned nine goals and 13 points over 14 outings for the Kraken since he was traded from the Maple Leafs. In total, he has 28 goals, 45 points, 171 shots on net, 160 hits, 32 PIM and a minus-1 rating over 74 appearances. He's shown an ability to play with a variety of linemates in Seattle, which is a good sign whether he re-signs with the Kraken or opts to move elsewhere in free agency this summer.
Perplexity AI can now act as your personal CFO
Perplexity Computer is an agentic AI Perplexity Computer is an agentic AI that performs tasks on behalf of users, but unlike OpenClaw, it operates entirely in the cloud. This design is said to be more secure against cyber threats. The AI can comprehend tasks given to it and assign them to different models -- like Claude from Anthropic for reasoning and coding, Gemini from Google for research, and OpenAI models for long-context understanding.
Ireland' fuel protests cause travel chaos; disposable vapes ban under fire
Fuel protests; proposed ban on disposable vapes; seven wonders of Ireland Protests against the cost of fuel have been bringing travel chaos across Ireland and gardaí say those blocking roads will feel the full force of the law. The Italian government has submitted a complaint to the European Commission about plans to ban disposable vapes in Ireland. Condé Nast Traveller magazine has issued its seven wonders of Ireland for 2026 - but some big-hitters failed to make the cut.
ChatGPT just got a 50% cheaper Pro plan to take on Anthropic's Claude
OpenAI is now directly competing with Anthropic, which also offers a $100 Claude plan. OpenAI has introduced a new $100-per-month ChatGPT plan, driven by the growing popularity of its coding tool, Codex. The update was confirmed by Sam Altman on X, saying, "It is very nice to see Codex getting so much love. We are launching a $100 ChatGPT Pro tier by very popular demand." The new ChatGPT pricing lineup now includes a free tier (with ads), an $8 Go plan (also with ads), the $20 Plus plan (ad-free), and the new $100 Pro tier. The $200 Pro plan is no longer listed on ChatGPT's pricing page, though OpenAI confirmed to TechCrunch that it's still available. According to OpenAI, both the $20 Plus plan and the new $100 ChatGPT Pro plan are optimized for coding tasks, but the new plan offers significantly more headroom for users, including 5x higher Codex usage limits compared to the Plus plan. OpenAI isn't being subtle about its goal here. The company says the new plan is meant to compete directly with Anthropic, which already offers a $100/month plan for its Claude AI. The company also claims its Codex tool delivers more coding capacity per dollar during heavy usage. Despite the higher price, the $100 plan still comes with usage limits. For a limited time (until May 31), OpenAI is offering even higher-than-normal Codex limits on this tier, but those will be reduced later. For users who need even more capacity, the $200 Pro plan offers 20x higher limits than the Plus plan.
Why Did Federal Officials Urgently Summon Banking CEOs Over Anthropic's Mythos AI? - Blockonomi
Cryptocurrency and decentralized finance specialists warn about potential threats Mythos poses to previously unknown weaknesses in blockchain systems In an unprecedented move this week, U.S. Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell convened an emergency session with leading Wall Street banking executives to address cybersecurity threats associated with Anthropic's recently launched AI system, Mythos. The critical gathering occurred on Tuesday at the Treasury Department's Washington headquarters. Officials organized the meeting to ensure financial institutions fully comprehended the potential dangers Mythos presents and were implementing adequate protective measures for their infrastructure. Present at the session were chief executives from Citigroup, Morgan Stanley, Bank of America, Wells Fargo, and Goldman Sachs. Notably absent was JPMorgan CEO Jamie Dimon, who was unable to participate, according to an individual with knowledge of the proceedings. Federal officials dispatched invitations while several banking leaders were coincidentally in Washington for unrelated engagements, facilitating the rapid organization of the emergency session. Each of the five participating financial institutions holds systemically important status. This designation indicates that any operational disruption affecting these banks could trigger cascading effects throughout the worldwide financial ecosystem. Developed by Anthropic, Mythos represents an AI system engineered to detect and capitalize on security weaknesses within software infrastructure. Unlike typical consumer AI applications, Mythos specializes in cybersecurity analysis and advanced software engineering operations. According to Anthropic, Mythos demonstrates the ability to recognize and leverage security vulnerabilities present in all mainstream operating systems and popular web browsing platforms. The system can pinpoint zero-day vulnerabilities -- previously undiscovered security gaps in software that remain unpatched. Following detection, it possesses the capacity to develop functional exploits utilizing these discoveries. While Anthropic introduced Mythos this week, the company deliberately avoided a broad public rollout. Company officials explained that access limitations were necessary given the model's capacity to reveal undisclosed cybersecurity weaknesses. Current availability remains confined to roughly 40 technology corporations, among them Microsoft and Google, participating in an exclusive arrangement designated as "Project Glasswing." Anthropic representatives stated they took the initiative to inform high-ranking U.S. government authorities and critical industry participants about Mythos's functionalities prior to any public announcement. Traditional banking institutions aren't the only entities facing potential exposure. Cryptocurrency and decentralized finance professionals have raised alarms that Mythos could be weaponized against vulnerabilities within DeFi systems. Specific concerns center on the model's ability to identify and exploit zero-day security flaws instantaneously and economically, presenting significant risks to decentralized platforms dependent on smart contract integrity. Separately, Anthropic is engaged in ongoing litigation with the Pentagon. The Defense Department has classified the organization as a supply-chain security concern, a determination Anthropic is actively challenging through legal channels. Representatives from Goldman Sachs, Wells Fargo, and the Federal Reserve refused to provide statements. Neither the Treasury Department, the financial institutions that attended, nor Anthropic responded to inquiries seeking comment.
Is Anthropic Developing Its Own Chips To Back Claud AI? Know How It Will Impact Google And Nvidia
Syed Ziyauddin is a media and international relations enthusiast with a strong academic and professional foundation. He holds a Bachelor's degree in Mass Media from Jamia Millia Islamia and a Master's in International Relations (West Asia) from the same institution. He has work with organizations like ANN Media, TV9 Bharatvarsh, NDTV and Centre for Discourse, Fusion, and Analysis (CDFA) his core interest includes Tech, Auto and global affairs.
Anthropic weighs building its own AI chips, sources say
Artificial intelligence lab Anthropic is exploring the possibility of designing its own chips, three sources said, as the company and its rivals respond to a shortage of AI chips needed to power and develop more advanced AI systems. The plans are in early stages and the company may still decide to only buy AI chips and not design any, according to two people with knowledge of the matter and one person briefed on Anthropic's plans. The company has yet to commit to a specific design or put together a dedicated team to work on the project, one of the sources said.
SpaceX posted nearly $5 billion loss in 2025 - reports
Elon Musk's IPO-bound SpaceX posted a loss of nearly $5 billion in 2025 on revenue of more than $18.5 billion, The Information has reported, citing sources. Reuters could not immediately verify the report. SpaceX did not immediately respond to a Reuters' request for comment outside regular business hours. The loss includes Musk's artificial intelligence startup xAI, which SpaceX acquired in February, according to the report. SpaceX is the world's most active launch company and has set out ambitions to make interplanetary travel viable. It has also outlined plans to deploy artificial intelligence data centres in orbit. The company, which confidentially filed for a US listing in March, generated about $8 billion in profit last year on revenue of $15 billion to $16 billion, Reuters reported in January. SpaceX is seeking a public listing at a potential valuation of more than $1.75 trillion.
Anthropic Eyes Custom AI Chips Amid Global Shortage As Claude Demand Surges Past $30 Billion Run Rate: Re
Claude-parent Anthropic is reportedly in the preliminary stages of evaluating in-house chip development. Early-Stage Chip Ambitions The effort remains exploratory, with no formal commitment, finalized design, or dedicated team in place, Reuters reported on Thursday, citing people familiar with the matter. The company could still opt to continue purchasing chips rather than building its own, the report said. Anthropic did not immediately respond to Benzinga's request for comments. The development comes as the company and its competitors grapple with a shortage of AI chips required to power and advance next-generation AI systems. AI Boom Fuels Urgency The discussions come amid accelerating demand for Anthropic's Claude models. The company earlier this week said its annualized revenue run rate has surged past $30 billion, up from roughly $9 billion at the end of 2025. Meanwhile, Anthropic is currently embroiled in a legal controversy with the Pentagon. Earlier this week, a federal appeals court in Washington, D.C., declined to temporarily block the Pentagon's decision to label Anthropic a national security risk. The Donald Trump administration classified the company as a supply-chain concern after it refused to ease safeguards on its Claude chatbot for uses such as surveillance or autonomous weapons. Reliance On Big Tech HardwareIndustry-Wide Shift Toward Custom Silicon Anthropic's deliberations mirror a broader trend across the AI sector. Designing advanced AI chips is both complex and costly, with estimates suggesting development can run as high as $500 million, the report said. Meta stock ranks in the 89th percentile for Quality in Benzinga Edge Ratings, but is currently trending downward across short, medium and long-term timeframes. Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors. Photo Courtesy: gguy on Shutterstock.com Market News and Data brought to you by Benzinga APIs To add Benzinga News as your preferred source on Google, click here.
The 2026 IPO Bottleneck Breaks: From SpaceX To AI Unicorns
While mid-cap infrastructure firms like QumulusAI are already filing, AI industry giants OpenAI and Anthropic are eyeing late 2026 debuts. The US IPO market in 2026 is shaping up to be a historic bottleneck break. After years of companies staying private longer, a combination of easing interest rates and a massive backlog of AI unicorns Wall Street Horizon provides institutional traders and investors with the most accurate and comprehensive forward-looking event data including earnings calendars, dividend dates, option expiration dates, splits, investor conferences and more. Covering 9,500 companies worldwide, we offer more than 40 corporate event types via a range of delivery options. By keeping clients apprised of critical market-moving events and event revisions, our data empowers financial professionals to take advantage of or avoid the ensuing volatility. SpaceX's valuation is heavily anchored by Starlink, which surpassed 10 million subscribers and projects $24 billion in 2026 revenue, providing proven scale and growth. OpenAI faces internal debate over IPO timing due to operational readiness and revenue growth concerns, while Anthropic may IPO as early as October 2026, aiming to capitalize on enterprise AI leadership. With 127 IPO filings, the market is open but highly selective, favoring companies demonstrating a clear path to profitability and scale, as seen in recent AI and fintech listings.
All lanes closed on UK motorway as drivers face rush hours chaos after crash
Drivers near Leeds are facing severe delays on Friday morning, as several lanes are closed on a stretch of a motorway. The M621 in West Yorkshire is shut eastbound between the M62 and junction J1, due to an incident. The crash itself appear to have happened near the Holbeck end of the stretch. Drivers on the M621 face even more misery due to closure caused by road traffic management. Two out of two lanes are closed westbound on the entry slip at junction 1, and all three lanes are closed between junction 1 and the M62 westbound.
Jim Cramer Shows Positive Sentiment Toward Broadcom's Google and Anthropic Deals
Broadcom Inc. (NASDAQ:AVGO) is one of Jim Cramer's stock calls as he discussed the impact of the Iran war on the markets. Cramer highlighted the company's recent deals, as he said: When Marvell Tech won some big business recently, it came at the expense of Broadcom. They both make custom accelerator chips. We didn't take the bait and stuck with Broadcom for the Charitable Trust. Today, we discovered that Broadcom got not one but two deals, one with Google and the other with Anthropic. Stock soared more than 6% in response. Thank heavens, we chose not to listen. Stock market data. Photo by Photo by Alesia Kozik Broadcom Inc. (NASDAQ:AVGO) supplies semiconductor devices and infrastructure software, including networking, connectivity, and storage solutions. The company's products are used for applications in data centers, telecommunications, broadband, smartphones, industrial systems, and AI networking. Cramer mentioned the company during the game plan presented during the February 27 episode and said: After the close, Broadcom reports... $1.5 trillion company makes semis and software, really doesn't get enough attention given its size. Now, some of the chips are sold to Alphabet, which is a big buyer. That said, Broadcom needs to get new clients. Right now, it's caught in the software decline stemming from AI fears. I think the decline's wrong. You don't get to $1.5 trillion for doing nothing, right? But you know what? This is one of those that's just too hard to own right now, and I know that, and I sensed that today when we had our monthly meeting. While we acknowledge the potential of AVGO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. Disclosure: None. Follow Insider Monkey on Google News.
Jim Cramer Says "Anthropic Needs CrowdStrike, It Doesn't Seek to Wipe It Out
CrowdStrike Holdings, Inc. (NASDAQ:CRWD) is one of Jim Cramer's stock calls as he discussed the impact of the Iran war on the markets. Cramer highlighted the company's partnership with Anthropic, as he commented: Oh, and for weeks, I've been hearing the drumbeat that CrowdStrike would be destroyed by Anthropic. But today, Anthropic announced a partnership with CrowdStrike as well as Palo Alto Networks and some others called Project Glass Wing to protect Anthropic users. Anthropic needs CrowdStrike. It doesn't seek to wipe it out. Hence why CrowdStrike rallied 24 points, and I think there's a lot more ahead there, too. Photo by Adam Nowakowski on Unsplash CrowdStrike Holdings, Inc. (NASDAQ:CRWD) provides cloud-based cybersecurity solutions. The company offers protection for endpoints, cloud systems, identities, and data. Cramer addressed the AI worries around the stock during the March 30 episode, as he stated: There's a private company, it's called Anthropic. They're developing an AI model with unchecked agent abilities that theoretically could have tremendous cybersecurity powers. Given the strength of Claude, the market believes this new offering from Anthropic will be devastating for the two preeminent cybersecurity stocks, Palo Alto Networks and CrowdStrike, both of which we, fortunately or unfortunately, depending upon the day, own for the Charitable Trust. For a while, people seemed to be under the impression that with Anthropic's new agents, we might not need traditional cybersecurity at all. Now, that is just dead wrong. In reality, the rise of AI should be a tailwind. That means good for Palo Alto and CrowdStrike because these same AI agents can be programmed by hackers to take over your network very easily. They are the vulnerability. Without the help of traditional cybersecurity, you're more vulnerable than ever. George Kurtz, the CEO of CrowdStrike, said as much when he came on the show last Wednesday. I remember listening to him, and he was saying, look, you know, this is really good for us. Now, George has been straight with us all along. While we acknowledge the potential of CRWD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. Disclosure: None. Follow Insider Monkey on Google News.
Chaos unfolds on Gobba Bridge after breakdown brings traffic to a halt
A crane breakdown brought traffic to a standstill on the Gobbagombalin Bridge on Friday. VRA crews responded to calls of a breakdown on the bridge shortly after 1pm on Friday, April 10, which caused southbound traffic to come to a halt. Residents who had been travelling northbound said they were stuck on the bridge for about 10 to 20 minutes while crews assisted the driver of the crane. It comes as Wagga residents have been petitioning to fast-track the duplication of the Gobbagombalin Bridge, with the support of Wagga MP Joe McGirr and Committee 4 Wagga. Concerns have been raised regarding emergency access, with the bridge the main thoroughfare to the northern suburbs, and the quickest and most direct route. A petition was launched by Dr McGirr for the duplication and will be presented to the state government for debate in the Legislative Assembly once it garners 10,000 signatures. In other news, two people have been taken to hospital after a crash on Edward Street in Wagga on Friday morning.
Is Workday CTO's Exit to Anthropic Signaling Escalating AI Pressure on HCM Platforms?
A recently announced senior leadership move may be hinting at a deeper shift in enterprise software competition, as AI-native vendors begin to pull talent directly from established application providers. Peter Bailis, who joined Workday as CTO in 2025, has left the company and joined Anthropic as a member of technical staff. A Workday spokesperson confirmed his departure, and the company has promoted Gabe Monroy to CTO. At Anthropic, Bailis will focus on reinforcement learning engineering, aimed at improving the performance and reliability of its AI models. While the role does not carry a traditional executive title, reporting from Business Insider notes "member of technical staff" positions at frontier AI labs are highly influential, often combining research and engineering responsibilities in flatter organizational structures. Talent Shift Reflects Changing Center of Gravity Bailis' move comes less than a year after joining Workday, where he had been part of the company's push to deepen AI across its platform. His departure points to where technical leadership is gravitating -- from enterprise application vendors toward AI-native platforms. Frontier labs like Anthropic are increasingly attracting senior engineering talent by offering direct involvement in building foundational AI systems. The "member of technical staff" model reflects this shift, emphasizing hands-on development over traditional executive hierarchy. The move also signals the growing importance of reinforcement learning and model optimization as competitive differentiators, particularly as enterprises demand more reliable and performant AI systems in production environments. Sponsor Industry‑Grade Research Anthropic Expands Toward Enterprise Workflows The hire aligns with Anthropic's expanding interest in enterprise applications, including HR-related use cases. Recent job postings from the company indicate active development of "people products" focused on hiring, training, and employee management -- core domains traditionally owned by HCM platforms like Workday. Anthropic has also demonstrated increasing alignment with enterprise systems, with prior experience integrating with platforms such as Workday, Salesforce, and NetSuite. This suggests a strategy that goes beyond tooling, toward embedding AI directly into business workflows. At the same time, the emergence of plugin systems and agent frameworks across AI platforms is lowering the barrier for these vendors to interact with enterprise data and processes, further blurring the line between system-of-record applications and AI-driven execution layers. Leadership Change Amid Broader Market Pressure The transition at Workday comes as enterprise software vendors face rising pressure from AI-native competitors. While the company has emphasized its own AI roadmap, leadership turnover at the CTO level during a critical phase of platform evolution highlights the intensity of the current transition period. The competitive dynamic is shifting from application functionality to control over workflows, data, and decision-making layers. As AI vendors move closer to these domains, talent movement between the two ecosystems is likely to accelerate.
