News & Updates
The latest news and updates from companies in the WLTH portfolio.
Rail travel chaos as firefighters tackle huge station blaze for six hours
Our community members are treated to special offers, promotions and adverts from us and our partners. You can check out at any time. More info Commuters were hit by rush‑hour chaos on Thursday (April 9) after a huge blaze tore through a restaurant on the platform of a busy train station, with firefighters battling towering flames through the night. The fire erupted in the early hours at Oulton Broad North railway station, in Suffolk, sending thick smoke billowing across the area as crews from Suffolk and Norfolk operated at the station. Images uploaded to social media showed the roof of the station restaurant completely alight as emergency teams fought to bring the inferno under control. "Residents are being asked to avoid the area, if possible, due to the congestion caused by the number of emergency vehicles present," Suffolk County Council warned in a statement. By 6am the flames had been brought under control, though cancellations were predicted until 10am as crews remained on scene to damp down hotspots. Roads around the station are beginning to reopen, but Suffolk County Council has asked residents to avoid the area due to congestion caused by the large emergency response. Rail services through the station have been halted, with Greater Anglia confirming that tickets will be accepted on local bus routes between Lowestoft, Norwich and Great Yarmouth until trains resume. "After a serious fire at Oulton Broad North caused severe damage to a building at the station, overnight, trains are unable to run through the station," a spokesperson for National Rail said, with cancellations expected until 10am. "The Fire Brigade, Police and Network Rail engineers are on site, ensuring that the fire has been extinguished, investigating and looking to make all structures on the station safe." A spokesperson for Suffolk Fire and Rescue Service said: "6:00am update - the fire is now out, and crews remain on the scene to hot spot the area. Crews from Norfolk are departing, and we thank them for their support. Roads around the station are reopening now, but local residents are being asked to avoid the area if possible. "Fire crews were called to reports of a fire at a commercial building at Oulton Broad North Railway Station. Upon arrival crews were faced with a roof fire within a restaurant based within the Railway station on the platform."
Rail travel chaos as firefighters tackle huge station blaze for six hours
Our community members are treated to special offers, promotions and adverts from us and our partners. You can check out at any time. More info Commuters were hit by rush‑hour chaos on Thursday (April 9) after a huge blaze tore through a restaurant on the platform of a busy train station, with firefighters battling towering flames through the night. The fire erupted in the early hours at Oulton Broad North railway station, in Suffolk, sending thick smoke billowing across the area as crews from Suffolk and Norfolk operated at the station. Images uploaded to social media showed the roof of the station restaurant completely alight as emergency teams fought to bring the inferno under control. "Residents are being asked to avoid the area, if possible, due to the congestion caused by the number of emergency vehicles present," Suffolk County Council warned in a statement. By 6am the flames had been brought under control, though cancellations were predicted until 10am as crews remained on scene to damp down hotspots. Roads around the station are beginning to reopen, but Suffolk County Council has asked residents to avoid the area due to congestion caused by the large emergency response. Rail services through the station have been halted, with Greater Anglia confirming that tickets will be accepted on local bus routes between Lowestoft, Norwich and Great Yarmouth until trains resume. "After a serious fire at Oulton Broad North caused severe damage to a building at the station, overnight, trains are unable to run through the station," a spokesperson for National Rail said, with cancellations expected until 10am. "The Fire Brigade, Police and Network Rail engineers are on site, ensuring that the fire has been extinguished, investigating and looking to make all structures on the station safe." A spokesperson for Suffolk Fire and Rescue Service said: "6:00am update - the fire is now out, and crews remain on the scene to hot spot the area. Crews from Norfolk are departing, and we thank them for their support. Roads around the station are reopening now, but local residents are being asked to avoid the area if possible. "Fire crews were called to reports of a fire at a commercial building at Oulton Broad North Railway Station. Upon arrival crews were faced with a roof fire within a restaurant based within the Railway station on the platform."
Rail travel chaos as firefighters tackle huge station blaze for six hours
Our community members are treated to special offers, promotions and adverts from us and our partners. You can check out at any time. More info Commuters were hit by rush‑hour chaos on Thursday (April 9) after a huge blaze tore through a restaurant on the platform of a busy train station, with firefighters battling towering flames through the night. The fire erupted in the early hours at Oulton Broad North railway station, in Suffolk, sending thick smoke billowing across the area as crews from Suffolk and Norfolk operated at the station. Images uploaded to social media showed the roof of the station restaurant completely alight as emergency teams fought to bring the inferno under control. "Residents are being asked to avoid the area, if possible, due to the congestion caused by the number of emergency vehicles present," Suffolk County Council warned in a statement. By 6am the flames had been brought under control, though cancellations were predicted until 10am as crews remained on scene to damp down hotspots. Roads around the station are beginning to reopen, but Suffolk County Council has asked residents to avoid the area due to congestion caused by the large emergency response. Rail services through the station have been halted, with Greater Anglia confirming that tickets will be accepted on local bus routes between Lowestoft, Norwich and Great Yarmouth until trains resume. "After a serious fire at Oulton Broad North caused severe damage to a building at the station, overnight, trains are unable to run through the station," a spokesperson for National Rail said, with cancellations expected until 10am. "The Fire Brigade, Police and Network Rail engineers are on site, ensuring that the fire has been extinguished, investigating and looking to make all structures on the station safe." A spokesperson for Suffolk Fire and Rescue Service said: "6:00am update - the fire is now out, and crews remain on the scene to hot spot the area. Crews from Norfolk are departing, and we thank them for their support. Roads around the station are reopening now, but local residents are being asked to avoid the area if possible. "Fire crews were called to reports of a fire at a commercial building at Oulton Broad North Railway Station. Upon arrival crews were faced with a roof fire within a restaurant based within the Railway station on the platform."
Musk reshapes xAI before SpaceX listing | News.az
xAI is undergoing a sweeping internal overhaul as it moves closer to integration with SpaceX ahead of the space giant's highly anticipated initial public offering. The restructuring, led by Elon Musk, comes at a critical moment as both companies prepare for what could become one of the largest IPOs in history, News.Az reports, citing foreign media. As part of the reorganization, SpaceX executive Michael Nicholls has taken on the role of president at xAI. The company is also appointing new leaders across key technical divisions, including model training, product development, and infrastructure. According to internal details, the new structure assigns: Product development will be led by Andrew Milich and Jason Ginsburg, while infrastructure operations will be handled by Jake Palmer and Daniel Dueri. The overhaul follows a wave of high-profile departures. Since early 2026, several co-founders and senior engineers -- including Ross Nordeen, Guodong Zhang, Manuel Kroiss, and Toby Pohlen -- have exited the company. Musk has acknowledged the challenges, stating that xAI "was not built right the first time" and is now being rebuilt "from the foundations up." The timing of the restructuring is crucial. SpaceX is widely expected to move toward a blockbuster public listing, with some estimates valuing the combined entity at over $2 trillion. For xAI, strengthening its technical capabilities is essential -- not only to support SpaceX's broader ambitions but also to compete with industry leaders like OpenAI and Google. The changes highlight intensifying competition in the artificial intelligence sector, where speed, talent, and infrastructure are key to staying ahead. If successful, the restructuring could position xAI as a stronger contender in the AI race -- while also boosting investor confidence ahead of SpaceX's IPO. However, the scale of the overhaul also underscores the challenges Musk faces in aligning two highly complex, fast-moving organizations under one strategic vision.
Train station inferno sparks travel chaos trains as fire crews battle roof blaze
The fire broke out shortly after midnight, fire crews confirmed(Image: Supplied) Fire crews battled for six hours to extinguish a huge blaze which tore through a restaurant on the platform of a busy train station, on Thursday morning (April 9). Firefighters from Suffolk and Norfolk worked together at the commercial building inside Suffolk's Oulton Broad North railway station with images uploaded to social media showing the restaurant's roof completely alight. "Residents are being asked to avoid the area, if possible, due to the congestion caused by the number of emergency vehicles present," Suffolk County Council warned in a statement. By 6am the flames had been brought under control, though cancellations were predicted until 10am as crews remained on scene to damp down hotspots. Roads around the station are beginning to reopen, but Suffolk County Council has asked residents to avoid the area due to congestion caused by the large emergency response. Rail services through the station have been halted, with Greater Anglia confirming that tickets will be accepted on local bus routes between Lowestoft, Norwich and Great Yarmouth until trains resume. "After a serious fire at Oulton Broad North caused severe damage to a building at the station, overnight, trains are unable to run through the station," a spokesperson for National Rail said, with cancellations expected until 10am. "The Fire Brigade, Police and Network Rail engineers are on site, ensuring that the fire has been extinguished, investigating and looking to make all structures on the station safe." A spokesperson for Suffolk Fire and Rescue Service said: "6:00am update - the fire is now out, and crews remain on the scene to hot spot the area. Crews from Norfolk are departing, and we thank them for their support. Roads around the station are reopening now, but local residents are being asked to avoid the area if possible. "Fire crews were called to reports of a fire at a commercial building at Oulton Broad North Railway Station. Upon arrival crews were faced with a roof fire within a restaurant based within the Railway station on the platform."
Sam Altman says AI will create new jobs, but Anthropic data reveals 10 career options are not safe
Sam Altman says AI will create new jobs but Anthropic reveals 10 career options are unsafe. (Image generated using AI) The conversation around AI is no longer about "if" it will change jobs, but how fast that change will arrive. In a recent interview, Sam Altman shared that the world is already moving into a new phase of computing, one where machines are not just assisting humans but actively changing how work gets done. At the same time, fresh data from Anthropic shows that while new opportunities may emerge, several existing roles are already seeing high exposure to automation. Altman, speaking to Axios, suggested that the change is happening faster than most people expected. "We are close enough to AGI that the precise definition matters," he said, adding that AI is already capable of discovering "legitimately new scientific knowledge" and performing "serious, valuable economic work at real scale." According to him, this signals that the industry is already "quite far along" in what he described as a "new paradigm." He pointed out that even within a year, the nature of some professions has changed noticeably. Coding, for instance, is no longer what it used to be at the start of 2025. While he did not directly say jobs will disappear overnight, his comments suggest that roles are evolving quickly, with AI taking over repetitive and structured parts of work. Despite growing fears, Altman maintains that AI will not simply replace humans but will recreate the balance between labour and technology. He indicated that "there will be new jobs," but also admitted that society may need to rethink how economic value is distributed if AI pushes too much power towards capital over labour. His latest statements hint at a future where traditional employment structures may not remain the same, even if new kinds of work emerge. At the same time, he emphasised that not everything about human life will change. According to Altman, the core of being human - relationships, time spent with others, and personal fulfilment - will remain intact. AI, in his view, could free up time for these aspects rather than replace them. However, data shared by Anthropic presents a more grounded picture of what this transition could look like on the ground. The company analysed how often AI systems are already performing tasks linked to different professions and identified about 10 career options that appear most exposed to automation. Topping the list are computer programmers, with an estimated 74.5 per cent of their tasks potentially handled by AI. This includes writing, updating and maintaining code -- areas where AI-powered coding tools have rapidly improved. Customer service representatives follow closely, with over 70 per cent exposure, as chatbots and automated systems increasingly handle queries, complaints and order processing. Data entry roles are also among the most vulnerable, with about 67.1 per cent of tasks being automatable. These jobs largely involve repetitive input work, which AI systems can now perform faster and with fewer errors. Similarly, medical record specialists show high exposure, as AI tools are becoming capable of organising and summarising patient data. The impact is not limited to routine roles. Anthropic's data suggests that analytical and business-oriented jobs are also at risk. Market research analysts and marketing specialists show around 64.8 per cent exposure, with AI already being used to analyse data and generate reports. Sales roles in wholesale and manufacturing are also affected, with automation tools assisting in outreach and order management. Even financial and tech-focused jobs are not entirely safe. Financial analysts show over 57 per cent exposure, while software testers and quality assurance professionals stand at nearly 52 per cent. Roles in cybersecurity and IT support also appear on the list, although with relatively lower exposure compared to others.
Claude Code's thinking depth dropped 67%: Here's what Anthropic actually changed and how to fix it
Have the past few weeks of using Claude Code made you want to switch to ChatGPT or Codex? If so, then you may be right in thinking that something inside Claude Code has changed. AMD's Stella Laurenzo, in a GitHub post, claimed that Claude's thinking depth had plummeted by 67% since February and she brought receipts. It is safe to say that the AMD AI head wasn't happy with the dip in performance going so far to say that "Claude Code is unusable for complex engineering tasks." Also read: Artemis II's best picture: First ever solar eclipse from beyond the moon The 67% figure came from getting Claude to analyse its own session logs to measure how much it was thinking. The problem was that Anthropic had introduced a header called redact-thinking-2026-02-12 that hides Claude's reasoning from the UI and from stored transcripts. Claude, reviewing its own logs, saw no thinking blocks and reached the conclusion that it had stopped thinking. It was essentially reading its own diary and finding blank pages, not because nothing happened, but because someone had used invisible ink. Boris from the Claude Code team confirmed in a blog post that the header is UI-only. Thinking still happens under the hood and it was the measurement that was broken, not the model itself. Also read: Claude Mythos Preview: Everything to know about world's most dangerous AI model That being said, two real changes did ship in February and March that affected behavior. First, Opus 4.6 introduced adaptive thinking where the model now decides how long to think rather than being given a fixed budget. Second, the default effort level was dropped to medium (85 out of 100) on March 3rd, framed as a "sweet spot on the intelligence-latency curve." For users doing deep, complex engineering work, that "sweet spot" felt more like a pothole. After users shared actual conversation transcripts, Boris confirmed that adaptive thinking appears to under-allocate reasoning on specific turns. The turns where Claude hallucinated - inventing GitHub SHAs, fake package names, wrong API versions - had zero reasoning tokens emitted. The turns where it got things right had deep reasoning. For anyone looking, that has to be a pattern and hopefully Anthropic's team is looking into it. Until it's resolved, you can get Claude Code performing closer to its old self by making a few small changes. Run /effort high or /effort max in your session. Alternatively, set CLAUDE_CODE_EFFORT_LEVEL=max as a shell environment variable so every session defaults to maximum reasoning. If you want to see Claude's thinking again, add showThinkingSummaries: true to your settings.json. And if you're hitting the hallucination bug specifically, CLAUDE_CODE_DISABLE_ADAPTIVE_THINKING=1 forces a fixed reasoning budget instead of letting the model decide per turn. The broader frustration is legitimate. Changing a default that meaningfully degrades output for power users - without a loud warning - is a trust problem as much as a technical one. But the good news is that the team is listening, and the 67% loss in thinking could easily just be more of a misconfiguration than a lobotomy. Your Claude isn't broken. It just needs the right settings to remember how to think.
Rail travel chaos as firefighters tackle huge station blaze for six hours
The fire broke out shortly after midnight, fire crews confirmed(Image: Supplied) Commuters were hit by rush‑hour chaos on Thursday (April 9) after a huge blaze tore through a restaurant on the platform of a busy train station, with firefighters battling towering flames through the night. The fire erupted in the early hours at Oulton Broad North railway station, in Suffolk, sending thick smoke billowing across the area as crews from Suffolk and Norfolk operated at the station. Images uploaded to social media showed the roof of the station restaurant completely alight as emergency teams fought to bring the inferno under control. "Residents are being asked to avoid the area, if possible, due to the congestion caused by the number of emergency vehicles present," Suffolk County Council warned in a statement. By 6am the flames had been brought under control, though cancellations were predicted until 10am as crews remained on scene to damp down hotspots. Roads around the station are beginning to reopen, but Suffolk County Council has asked residents to avoid the area due to congestion caused by the large emergency response. Rail services through the station have been halted, with Greater Anglia confirming that tickets will be accepted on local bus routes between Lowestoft, Norwich and Great Yarmouth until trains resume. "After a serious fire at Oulton Broad North caused severe damage to a building at the station, overnight, trains are unable to run through the station," a spokesperson for National Rail said, with cancellations expected until 10am. "The Fire Brigade, Police and Network Rail engineers are on site, ensuring that the fire has been extinguished, investigating and looking to make all structures on the station safe." A spokesperson for Suffolk Fire and Rescue Service said: "6:00am update - the fire is now out, and crews remain on the scene to hot spot the area. Crews from Norfolk are departing, and we thank them for their support. Roads around the station are reopening now, but local residents are being asked to avoid the area if possible. "Fire crews were called to reports of a fire at a commercial building at Oulton Broad North Railway Station. Upon arrival crews were faced with a roof fire within a restaurant based within the Railway station on the platform."
Cryptocurrencies defy war chaos as bitcoin rebounds
Cryptocurrencies have defied expectations and actually rallied amidst the turmoil in the Middle East, shaking off months of heavy selling as investors start to view digital coins as a safer asset than gold. Equities have been heavily sold off since the Israel and US first struck Iran in late February on concern that a soaring oil price from the effective closure of the Strait of Hormuz will send inflation soaring. At the same time, gold has plunged as investors took profits to cover big losses in the sharemarket.
Massive fire breaks out at train station causing commuter chaos
Fire crews are working to tackle the blaze at Oulton Broad North Railway Station(Image: Sarah Threadgold ) Commuters face rush hour delays after a huge fire tore through a restaurant on the platform of a busy train station with fire crews battling the flames through the night. Oulton Broad North railway station, in Suffolk, saw a fire break out in the early hours of Thursday (April 9) as emergency crews were scrambled to the site shortly after midnight. Suffolk County Council urged residents to avoid the area while firefighters worked to put out the blaze. Upon arrival, fire crews from Lowestoft North and South, supported by colleagues from Norfolk, found the roof of the on‑site restaurant well alight. An aerial platform from Yarmouth was deployed to assist in tackling the fire while police and ambulance teams also attended. By 6am the flames had been brought under control, though crews remain on scene to damp down hotspots. Roads around the station are beginning to reopen. Rail services through the station have been halted, with Greater Anglia confirming that tickets will be accepted on local bus routes between Lowestoft, Norwich and Great Yarmouth until trains resume. "After a serious fire at Oulton Broad North caused severe damage to a building at the station, overnight, trains are unable to run through the station," a spokesperson for National Rail said, with cancellations expected until 10am. "The Fire Brigade, Police and Network Rail engineers are on site, ensuring that the fire has been extinguished, investigating and looking to make all structures on the station safe." A spokesperson for Suffolk Fire and Rescue Service said: "6:00am update - the fire is now out, and crews remain on the scene to hot spot the area. Crews from Norfolk are departing, and we thank them for their support. Roads around the station are reopening now, but local residents are being asked to avoid the area if possible. "Fire crews were called to reports of a fire at a commercial building at Oulton Broad North Railway Station. Upon arrival crews were faced with a roof fire within a restaurant based within the Railway station on the platform."
Massive blaze next to train station causes commuter chaos
Fire crews are working to tackle the blaze at Oulton Broad North Railway Station(Image: Sarah Threadgold ) Firefighters battled through the night with a major blaze that tore through a restaurant on the platform of a busy train station, causing rush hour cancellations. Oulton Broad North railway station, in Suffolk, saw a fire break out in the early hours of Thursday (April 9), leading emergency crews to warn residents to stay away from the area. Crews were called shortly after midnight to reports of a fire in a commercial building at the station, where they arrived to find the roof of the on‑site restaurant well alight. Firefighters from Lowestoft North and South were supported by colleagues from Norfolk, along with an aerial platform from Yarmouth, while police and ambulance teams also attended. By 6am the flames had been brought under control, though crews remain on scene to damp down hotspots. Roads around the station are beginning to reopen, but Suffolk County Council has asked residents to avoid the area due to congestion caused by the large emergency response. Rail services through the station have been halted, with Greater Anglia confirming that tickets will be accepted on local bus routes between Lowestoft, Norwich and Great Yarmouth until trains resume. "After a serious fire at Oulton Broad North caused severe damage to a building at the station, overnight, trains are unable to run through the station," a spokesperson for National Rail said, with cancellations expected until 10am. "The Fire Brigade, Police and Network Rail engineers are on site, ensuring that the fire has been extinguished, investigating and looking to make all structures on the station safe." A spokesperson for Suffolk Fire and Rescue Service said: "6:00am update - the fire is now out, and crews remain on the scene to hot spot the area. Crews from Norfolk are departing, and we thank them for their support. Roads around the station are reopening now, but local residents are being asked to avoid the area if possible. "Fire crews were called to reports of a fire at a commercial building at Oulton Broad North Railway Station. Upon arrival crews were faced with a roof fire within a restaurant based within the Railway station on the platform."
Workday exec trades CTO title for 'member of technical staff' role at Anthropic
The AI era is elevating a flatter, broader "member of technical staff" role into one of the more prestigious jobs in tech. In March, Anthropic hired Peter Bailis as a member of technical staff less than a year after he joined Workday as its chief technology officer. Workday's president of product and technology, Gerrit Kazmaier, said at the time of hiring that Bailis would be part of the HR company's initiative to go "all in" on AI. Prior to the Workday post, Bailis was a VP at Google for about a year and a half, according to his LinkedIn. "We're grateful for Peter's contributions and wish him the best in his next chapter," a Workday spokesperson said in a statement. "We're thrilled that Gabe Monroy has taken on the role of Chief Technology Officer at Workday, leading our next chapter of AI innovation." An Anthropic spokesperson confirmed Bailis's move from Workday. Bailis did not immediately return a request for comment. The Anthropic spokesperson said Bailis will be working on reinforcement learning engineering at the startup. The MTS title is common at frontier labs -- like Anthropic and OpenAI -- and larger companies for technical hires across research and engineering. The title highlights a cross-functional and non-hierarchical structure. While the label doesn't specify an executive-level position, it carries prestige and often comes with the promise of building new products. Anthropic on its careers page says "engineers here do lots of research, and researchers do lots of engineering," adding that engineers will "have as much input into Anthropic's direction as anyone else." OpenAI president Greg Brockman similarly explained in 2023 that the AI startup did not want to "bucket people into researchers and engineers," opting for the MTS title. Mike Krieger was the cofounder and CTO of Instagram before he started a news aggregator app and then joined Anthropic as its chief product officer. Earlier this year, Krieger announced on X that he was shifting roles to a technical staff member of Anthropic's Labs, which works on Claude Code. A MTS role can also bring high pay. In 2025, Business Insider reported, citing H-1B visa filings to the Department of Labor, that a member of technical staff at Anthropic can pay $300,000 to $405,000. At OpenAI, a member of technical staff could be paid between $210,000 to $530,000, according to the report. The skyrocketing valuation of Anthropic also brings the prospect of minting multimillionaires through equity as the startup eyes a $380 billion post-money valuation. The potential allure of the MTS role at a frontier AI lab comes as AI-native startups disrupt larger software companies. In February, Anthropic's rollout of Claude Cowork and industry-specific plugin tools triggered a stock sell-off in the software sector. The reaction was dubbed the SaaSpocalypse, reflecting fears that AI labs like Anthropic are making tools advanced enough to make companies dedicated to software services redundant.
Prediction: This Stock Could Soar When SpaceX's S-1 Drops
AST SpaceMobile is just starting to commercialize its business and has signed on a number of major telecoms. SpaceX is preparing to go public, and it could be the biggest IPO in history. Elon Musk's space company filed confidentially to go public last week, and SpaceX is reportedly targeting a valuation of as much as $2 trillion and could raise $75 billion from the offering. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue " The company is more than just rockets. SpaceX owns the Starlink satellite broadband business, as well as the social media site X and xAI, following the merger between SpaceX and xAI in February, which valued the combined company at $1.25 billion. Elon Musk has big plans for SpaceX's future as well, including sending data centers into space and eventually reaching Mars. Investors can't buy shares of SpaceX on the open market yet, though there are ways to get exposure to the company. However, SpaceX's entry into the public market is likely to shake up other stocks in the space industry and beyond, meaning there could be opportunities for investors before the stock hits the trading floor. One stock that could be a winner is AST SpaceMobile (NASDAQ: ASTS), and it could get a tailwind as soon as SpaceX's S-1 prospectus comes out, which is expected later in April or early May. Image source: AST SpaceMobile. AST SpaceMobile is one of the biggest publicly traded satellite broadband companies by market cap, and it's just getting ready to commercialize its business. The company is planning to put 45 to 60 of its Bluebird satellites into orbit this year, and it specializes in direct-to-device cellular broadband service for standard smartphones, making it a direct competitor to Starlink. I don't expect AST to catch up to Starlink, which is the leader in satellite broadband, but it doesn't have to. Instead, I think there's a good chance that SpaceX's debut will create a halo effect for other satellite broadband companies like AST, sparking investor interest in the sector as they get a clearer view of how big the potential market is. It could also make it easier for AST to raise capital through the equity and debt markets as SpaceX establishes a precedent for its peers. SpaceX hasn't publicly released any formal financial reports, but some of its numbers have been reported in the media. According to Reuters, the company brought in $15 billion-$16 billion in revenue last year, the vast majority of that coming from Starlink, and around $8 billion in earnings before interest, taxes, depreciation, and amortization (EBITDA). In other words, Starlink is the anchor of the company's $2 trillion valuation, meaning it's trading at a huge multiple based on its results. In the filing, SpaceX is likely to hype all aspects of its business, and that includes Starlink. Investors will get a better sense of where Musk & co. see the satellite broadband industry going and what they think is possible for it in the filing. It will also shed further light on Starlink's financial performance and prospects. While investor reaction to SpaceX's S-1 will depend on the numbers, the document is intended to sell shares of the company to investors by design, and management is likely to hype the opportunity in front of it. AST appears to be in the best position to take advantage of any additional investor interest in the satellite broadband industry. It's already signed up major telecom partners, including Verizon, AT&T, Vodafone, Telus, and Japan's Rakuten, and its revenue, while still small, is expected to grow by triple digits this year and next. AST is much smaller than Starlink, but it has some competitive advantages, including its partnership with major telecoms and the fact that consumers don't need any special hardware to use it, unlike Starlink, which requires a terminal dish. AST now has an opportunity to take advantage of the investor interest in satellite broadband, and with its business just starting to gain momentum, the timing could be perfect. We don't know when SpaceX will file its S-1, but if investor reaction to the report is positive, that could give a significant boost to AST SpaceMobile as well. Before you buy stock in AST SpaceMobile, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now... and AST SpaceMobile wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $532,929!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,091,848!* Now, it's worth noting Stock Advisor's total average return is 928% -- a market-crushing outperformance compared to 186% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors. Jeremy Bowman has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends AST SpaceMobile. The Motley Fool recommends TELUS, Verizon Communications, and Vodafone Group Public. The Motley Fool has a disclosure policy.
Thursday newspaper round-up: Subsidised energy, John Lewis boss, Anthropic
(Sharecast News) - In order to cut rising bills all UK households should receive a minimum amount of energy at rates subsidised by the government through North Sea taxes, a thinktank has suggested. Providing all homes with enough energy to heat two rooms, provide hot water and run key appliances such as a fridge and washing machine, at rates frozen at current levels, would require a subsidy of about £4.5bn, according to the New Economics Foundation. - Guardian Britain's sunny spring weather powered the grid to new solar energy records on two consecutive days this week. Solar farms in England, Wales and Scotland generated 14.1GW of low-carbon electricity at lunchtime on Monday, surpassing the previous high of 14GW in July last year. And that record was toppled a day later when power generation from the sun's energy climbed to another new high of 14.4GW on Tuesday afternoon. - Guardian The boss of John Lewis was handed the biggest pay package since 2020 last year even as the retailer suffered heavy losses and cut thousands of jobs. The John Lewis Partnership, which also owns Waitrose, paid Jason Tarry a total of £1.26m last year, including a bonus of £22,700 and a pension cash supplement of £93,200. It means Mr Tarry was paid more than his predecessor Dame Sharon White ever received during her four-and-a-half-year tenure as chairman of the partnership. - Telegraph Silicon Valley start-up Anthropic has restricted access to its latest AI system, saying it is currently too dangerous to release to the public. The company said its Claude Mythos Preview model was so good at finding critical security flaws in computer systems that it could "reshape cybersecurity", wreaking havoc if it ended up in the wrong hands. The system has already discovered thousands of security vulnerabilities including flaws in all the most popular web browsers and operating systems. - Telegraph Adam Back has denied that he is the founder of bitcoin after the New York Times published a lengthy investigation suggesting that the British computer scientist was the cryptocurrency's mysterious creator. Back, who has previously been suggested as a candidate to be Satoshi Nakamoto, was a pioneer of early digital asset research in the 1990s and developed Hashcash, a proof-of-work system that later influenced bitcoin. He founded the blockchain company Blockstream in 2014. - The Times
Prediction: This Stock Could Soar When SpaceX's S-1 Drops | The Motley Fool
AST SpaceMobile is just starting to commercialize its business and has signed on a number of major telecoms. SpaceX is preparing to go public, and it could be the biggest IPO in history. Elon Musk's space company filed confidentially to go public last week, and SpaceX is reportedly targeting a valuation of as much as $2 trillion and could raise $75 billion from the offering. The company is more than just rockets. SpaceX owns the Starlink satellite broadband business, as well as the social media site X and xAI, following the merger between SpaceX and xAI in February, which valued the combined company at $1.25 billion. Elon Musk has big plans for SpaceX's future as well, including sending data centers into space and eventually reaching Mars. Investors can't buy shares of SpaceX on the open market yet, though there are ways to get exposure to the company. However, SpaceX's entry into the public market is likely to shake up other stocks in the space industry and beyond, meaning there could be opportunities for investors before the stock hits the trading floor. One stock that could be a winner is AST SpaceMobile (ASTS +4.20%), and it could get a tailwind as soon as SpaceX's S-1 prospectus comes out, which is expected later in April or early May. AST SpaceMobile is one of the biggest publicly traded satellite broadband companies by market cap, and it's just getting ready to commercialize its business. The company is planning to put 45 to 60 of its Bluebird satellites into orbit this year, and it specializes in direct-to-device cellular broadband service for standard smartphones, making it a direct competitor to Starlink. I don't expect AST to catch up to Starlink, which is the leader in satellite broadband, but it doesn't have to. Instead, I think there's a good chance that SpaceX's debut will create a halo effect for other satellite broadband companies like AST, sparking investor interest in the sector as they get a clearer view of how big the potential market is. It could also make it easier for AST to raise capital through the equity and debt markets as SpaceX establishes a precedent for its peers. SpaceX hasn't publicly released any formal financial reports, but some of its numbers have been reported in the media. According to Reuters, the company brought in $15 billion-$16 billion in revenue last year, the vast majority of that coming from Starlink, and around $8 billion in earnings before interest, taxes, depreciation, and amortization (EBITDA). In other words, Starlink is the anchor of the company's $2 trillion valuation, meaning it's trading at a huge multiple based on its results. In the filing, SpaceX is likely to hype all aspects of its business, and that includes Starlink. Investors will get a better sense of where Musk & co. see the satellite broadband industry going and what they think is possible for it in the filing. It will also shed further light on Starlink's financial performance and prospects. While investor reaction to SpaceX's S-1 will depend on the numbers, the document is intended to sell shares of the company to investors by design, and management is likely to hype the opportunity in front of it. AST appears to be in the best position to take advantage of any additional investor interest in the satellite broadband industry. It's already signed up major telecom partners, including Verizon, AT&T, Vodafone, Telus, and Japan's Rakuten, and its revenue, while still small, is expected to grow by triple digits this year and next. AST is much smaller than Starlink, but it has some competitive advantages, including its partnership with major telecoms and the fact that consumers don't need any special hardware to use it, unlike Starlink, which requires a terminal dish. AST now has an opportunity to take advantage of the investor interest in satellite broadband, and with its business just starting to gain momentum, the timing could be perfect. We don't know when SpaceX will file its S-1, but if investor reaction to the report is positive, that could give a significant boost to AST SpaceMobile as well.
Nifty IT slips 1%: Is Anthropic's 'Mythos' AI model a worry for India tech stocks - Motilal Oswal explains
Nifty IT slips 1% today. Anthropic's AI model Mythos raises concerns for India tech stocks -- track market impact and key trends now! The information technology (IT) sector stocks are under pressure in today's session , even as the earnings season gains momentum. The Nifty IT index slipped 1% in early trade. This is after Anthropic released the preview of the new model, Mythos. This is seen as stronger than earlier models like Claude Opus on coding and security benchmarks. Interestingly, this comes at a time when Tata Consultancy Services (TCS), India's largest IT services company, is set to announce its Q4 results later today. TCS is the only tech stock in green today. IT sector stock performance at this hour In early trading, Infosys, LTI MindTree and Coforge declined about 2% each. Oracle Financial Services Software (OFSS), Tech Mahindra, and HCL Tech also edged lower by 1% each. Persistent Systems, Wipro, and Mphasis is also trading down marginally lower. In a recent report, brokerage firm Motilal Oswal shared its latest outlook on IT sector stocks, highlighting key trends shaping the space. Motilal Oswal on Tech: AI developments creating new concerns Motilal Oswal in its report pointed out that the key factors weighing on IT stocks is the rapid advancement in artificial intelligence (AI) capabilities. The report highlighted a new model launched by Anthropic, a global AI research company, which is showing significant improvements in both coding and cybersecurity tasks. "Mythos is positioned as extremely good at identifying and fixing cybersecurity vulnerabilities, outperforming human experts and existing tools," the brokerage house report added. Motilal Oswal outlined the impact on IT services and pointed out that "Mythos builds on big gains in capabilities on Opus, which, released in Feb'26, sent most tech/SaaS stocks tumbling down. While this release may not have the same impact on stocks, it further expands the list of things AI can do better than humans - coding, ERP, and now cybersecurity." According to the domestic brokerage house, "It (Mythos) is extremely large-scale (reported to be in the highest compute class) and trained specifically for deep code understanding, vulnerability detection and exploit simulation." Motilal Oswal on Tech: What is Project Glasswing and why it matters The new AI model is being rolled out under a controlled programme called Project Glasswing. As per the Motilal Oswal report, "Project Glasswing is a controlled deployment of Anthropic's most advanced cybersecurity-focused model. Access is restricted to a small set of large enterprises and infrastructure players." This limited rollout suggests that while the technology is powerful, it is still in a testing phase. However, its capabilities are already drawing attention, especially in areas like vulnerability detection and system security. The report further noted, "In simple terms, if AI can be used to write better code, it can also be used to find vulnerabilities or automate attacks. Glasswing is built to stay ahead of that risk." Motilal Oswal on Tech: Pressure on traditional IT services model Motilal Oswal, elaborating on the impact of the new release on Indian IT services, said that "We believe this does not immediately disrupt the entire security services stack, but it does signal gradual effort compression in parts of testing and vulnerability assessment work, which is a key area to monitor for IT services." According to the brokerage report, "Manual-heavy security services: Traditional vulnerability assessment relies on engineers + tools. Mythos could reduce effort in testing and audit layers." Motilal Oswal added that Mythos is positioned as "extremely good at identifying and fixing cybersecurity vulnerabilities, outperforming human experts and existing tools." In some cases, it has identified bugs that remained undetected for decades despite multiple testing cycles. "In some ways, it is superior to most human cybersecurity engineers," they added. "Large enterprises, on the other hand, operate in brownfield setups with legacy systems built over 20-30 years. Deploying AI here requires integration, data cleanup and governance alignment, which takes time," added motilal Oswal report. What investors need to watch - With companies like TCS announcing results, investors are waiting for clarity on growth outlook, deal pipelines, and margin trends. As per the brokerage report, "We believe Mythos shows that model capabilities are moving ahead quickly with AI now extending beyond coding, ERP (Enterprise Resource Planning) into areas like cybersecurity."
As Anthropic launches its most powerful AI model ever, CEO Dario Amodei confirms company is in talks with US government and has offered...
Anthropic CEO Dario Amodei says the company has been in conversation with US government officials, offering to help assess and defend against the risks posed by increasingly powerful AI models. The admission comes as Anthropic unveils Claude Mythos preview -- a model capable enough at finding software vulnerabilities that the company won't release it widely. "We've spoken to officials across the US government and offered to work with them and collaborate to assess the risks of these models and to help defend against the risks of these models," Amodei said. He framed cybersecurity as a shared problem that no single company or agency can solve alone, adding that everything in daily life now runs on software -- and securing that software is, in effect, securing society itself.Amodei called Mythos a particularly big jump in capability. Anthropic didn't train it for cybersecurity -- it was trained to be good at code. But that turned out to be enough. According to Amodei, the model is roughly on par with a professional human security researcher when it comes to identifying bugs. Where it really pulls ahead is in chaining vulnerabilities together -- stringing three, four, sometimes five individually minor flaws into a single sophisticated exploit, the kind of work that would occupy a human researcher for an entire day.To prove the point, Anthropic aimed Mythos at open-source operating systems. In OpenBSD, it caught a bug that had gone unnoticed for 27 years -- sending a couple of data packets to any server running it was enough to crash the machine. In Linux, the model uncovered privilege escalation flaws that let an unprivileged user gain full administrator access by running a binary. All the vulnerabilities were reported to the relevant maintainers and patched before Anthropic went public.Because these capabilities cut both ways, Anthropic is keeping Mythos on a tight leash. The company is launching Project Glasswing, a partnership programme that gives early access to organisations responsible for maintaining critical software infrastructure. The idea is to put defenders ahead of attackers -- let the people who write the code find the holes first. Amodei said the effort would take months, possibly years, and that no single organisation could tackle the problem alone.The timing here is impossible to ignore. Even as Amodei extends an olive branch to Washington, Anthropic is fighting the Department of Defense in court. The Pentagon designated the company a supply chain risk in early March -- a label historically reserved for foreign adversaries and never before publicly applied to an American company. The dispute traces back to a contract negotiation that fell apart last year: the DoD wanted unrestricted access to Claude for all lawful purposes, while Anthropic held firm on two narrow exceptions -- fully autonomous weapons and mass domestic surveillance of Americans.Just yesterday, a federal appeals court in Washington, D.C. sided with the government and denied Anthropic's request to temporarily block the blacklisting. A separate ruling from a San Francisco court, however, bars the Trump administration from enforcing a broader ban on Claude across other federal agencies. Acting Attorney General Todd Blanche called the appeals court result a "resounding victory for military readiness." Anthropic said it remains confident the designation will ultimately be found unlawful.So the company finds itself in an unusual position -- suing the Pentagon with one hand and offering to help the government with the other. Whether those two gestures can coexist is a question neither side has answered yet.
Indian-Origin Talent Moves Into Senior Roles At Musk's xAI Ahead Of SpaceX IPO
A major reorganisation is underway at xAI as it aligns more closely with SpaceX ahead of the space company's expected IPO. SpaceX executive Michael Nicholls said xAI is currently behind its rivals and is acting decisively to improve its standing, according to Business Insider. Several senior positions have been filled as part of the shake-up, with Devendra Chaplot, Aman Madaan and Aditya Gupta among those now leading work on training systems, products and infrastructure. SpaceX, now the owner of xAI following its acquisition earlier this year, is anticipated to seek a public listing in 2026, with reports suggesting a potential valuation exceeding $2 trillion. ALSO READ: US Court Rules To Keep Anthropic Labeled A Supply-Chain Risk, For Now Who Are The Indian-Origin Engineers xAI Promoted? Devendra Chaplot, formerly with Meta Platforms and Thinking Machines Lab, has joined xAI and will head pre-training. This phase forms the backbone of model development, enabling systems to learn from expansive datasets spanning text, images and software code, as per BI report. As per his LinkedIn profile, Chaplot has a B.Tech in Computer Science and Engineering from IIT Bombay and a PhD in Machine Learning from Carnegie Mellon University. Aman Madaan is set to supervise the model factory and associated tooling, encompassing infrastructure, data pipelines and training workflows essential to model development. According to his LinkedIn profile, Madaan completed a B.Tech in Computer Science from Guru Gobind Singh Indraprastha University and an M.Tech in Computer Science and Engineering from IIT Bombay. He later completed a Master of Science and a PhD degree from Carnegie Mellon University. Aditya Gupta will oversee post-training and reinforcement learning: the stage where systems are honed, aligned with user expectations and optimised for applications like chatbots and coding tools. Gupta has a B.Tech in Mathematics and Computing from IIT Guwahati and a Master of Science in Computer Science from The University of Texas at Austin. Other Organisational Changes At xAI Michael Nicolls, senior vice-president of Starlink at SpaceX, has been appointed president of xAI, according to a source familiar with the matter cited by BI. The product unit will be led by Andrew Milich and Jason Ginsburg, who moved to xAI from Cursor earlier this year. Their responsibilities cover flagship products such as Grok Main, Grok Voice and Grok Imagine. ALSO READ: Anthropic's Project Glasswing: AI Cybersecurity Initiative Involving Microsoft, Apple, AWS, Nvidia Explained Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories -- On NDTV Profit.
0.015% of Polymarket Users Consistently Profit $5K Per Month
While nearly 16% of Polymarket users are in profit, only a tiny fraction have made gains large and consistent enough to entertain walking away from their day job. Just 0.015% of Polymarket traders can reliably make $5,000 or more a month, according to new data, meaning the idea of quitting a full-time job to trade prediction markets is unrealistic for most. Data from crypto analyst Andrey Sergeenkov on Monday found that while nearly 1% of Polymarket traders earned more than $5,000 in a single month, only 0.1% managed to repeat that the following month and just 0.015% were able to sustain it for four consecutive months. The average US monthly salary is around $5,220, according to Consumer Shield. Prediction markets have become one of the hottest use cases in crypto, enabling traders to bet on everything from politics and sports to financial results and cultural events. Most prediction markets use binary "yes" and "no" shares priced between $0 and $1 that reflect perceived probabilities. Traders can profit by buying undervalued shares and selling higher or holding winning outcomes that settle at $1 when the event has concluded. Sergeenkov's findings were framed alongside a report about Logan Sudeith, a former financial risk analyst who quit his job and turned to prediction markets, where he profited $100,000 in December. Sergeenkov also highlighted an X post from former Messari analyst "Tulip King," who claimed in November that "Polymarket is the easiest place in crypto to make six figures right now." Related: Three Polymarket traders made timely bets on US-Iran ceasefire However, Sergeenkov's data found that only 840 wallets (roughly 0.033% of Polymarket traders) have profited over $100,000. Not all of these wallets would be retail traders, either, as professional traders working at hedge funds and other firms are also trading in prediction markets. "Less experienced users tend to trade less successfully," Sergeenkov noted. The more successful traders don't stick around long either, Sergeenkov said, pointing out that only 172 of 6,600 wallet addresses with average monthly profits above $5,000 remained active more than a year. "That's 2.6%," Sergeenkov said. "Most traders show up, trade for a short period, and leave." Sergeenkov's analysis didn't come without limitations. The researcher noted that he only factored in realized profits and losses, though he claimed that 96% of trading volume comes from already resolved markets. Data was taken from April 2024 through to April 1, 2026.
3 Indian-Origin Engineers Get Top Leadership Roles At Elon Musk's xAI Ahead of SpaceX IPO: Here's Who They Are
Three Indian-origin engineers, Devendra Chaplot, Aman Madaan, and Aditya Gupta, have been appointed to major leadership roles at Elon Musk's xAI as the company prepares to merge with SpaceX ahead of a highly anticipated IPO. The reorganisation aims to strengthen xAI's competitive position in the rapidly evolving artificial intelligence landscape. Devendra Chaplot: Leading pre-training operations Chaplot will lead pre-training, the foundational stage where AI models learn from massive datasets. An alumnus of the Indian Institute of Technology-Bombay (IIT-Bombay), he later earned a PhD in machine learning from Carnegie Mellon University, where his research focused on autonomous navigation systems. Chaplot was an NTSE scholar and ranked 25th in the IIT-JEE examination. Before joining Musk's companies, he worked at Thinking Machines Lab and earlier at Mistral AI, contributing to models including Mistral 7B, Mixtral 8x7B and Mistral Large. His work combines machine learning, robotics and computer vision to develop systems capable of understanding and interacting with their surroundings. Aman Madaan: Heading model infrastructure Madaan is now in charge of building the tools and infrastructure behind the models, essentially the plumbing that keeps training infrastructure running smoothly. He completed his PhD at the Language Technologies Institute, School of Computer Science, Carnegie Mellon University, advised by Professor Yiming Yang. During his PhD, Madaan worked on language models, specifically focusing on feedback-driven improvements. His research portfolio includes influential work on iterative refinement with self-feedback and automated language model mixing, with publications at top-tier AI conferences including NeurIPS and ICML. Aditya Gupta: Overseeing post-training and reinforcement learning Gupta will focus on getting AI models ready for real-world use through general post-training and reinforcement learning, the critical fine-tuning phase where raw models are shaped into useful products. He earned a Master of Science in Computer Science from The University of Texas at Austin and a Bachelor of Technology in Mathematics and Computing from the Indian Institute of Technology, Guwahati. Prior to xAI, Gupta worked at Google from July 2019 to May 2023 as a Senior Software Engineer and Software Engineer II, focusing on natural language understanding for Google Bard and Google Assistant. He also served at Essential AI from June 2023 to December 2024 before joining xAI in January 2025. The appointments come as xAI undergoes significant restructuring following its acquisition by SpaceX, positioning Indian engineering talent at the forefront of Musk's superintelligence ambitions.
