News & Updates
The latest news and updates from companies in the WLTH portfolio.
Anthropic probes unauthorized access to Mythos AI model
American AI developer Anthropic said Tuesday it was investigating unauthorized access to Mythos, its powerful model which the company itself worries could be a boon for hackers. Anthropic said earlier this month it restricted the release of Mythos to 40 major tech firms to give them a head start in fixing cybersecurity vulnerabilities before they could be exploited by attackers. According to Bloomberg, which first reported the probe, a small group of users in a private, online forum gained access to the model via the computer system reserved for Anthropic's external vendors. "We're investigating a report claiming unauthorized access to Claude Mythos Preview through one of our third-party vendor environments," an Anthropic spokesperson told AFP. The users got hold of Mythos by various means, including using access one of them had as a worker at a contractor for Anthropic, Bloomberg reported. Anthropic works with a small number of third-party vendors who help with model development. The firm has delayed a general release of Mythos, which it says can spot undiscovered security holes that have existed for decades, in systems tested by both human experts and automated tools. It shared Mythos first with a few dozen key US tech and financial services players -- such as Nvidia, Amazon and JP Morgan Chase -- to allow them to improve their security infrastructure. But the company has also been accused of overhyping the powers of a technology which is its stock in trade, and the subject of fierce competition with rival OpenAI.
Anthropic probes unauthorized access to Mythos AI model
American AI developer Anthropic said Tuesday it was investigating unauthorized access to Mythos, its powerful model which the company itself worries could be a boon for hackers. Anthropic said earlier this month it restricted the release of Mythos to 40 major tech firms to give them a head start in fixing cybersecurity vulnerabilities before they could be exploited by attackers. According to Bloomberg, which first reported the probe, a small group of users in a private, online forum gained access to the model via the computer system reserved for Anthropic's external vendors. "We're investigating a report claiming unauthorized access to Claude Mythos Preview through one of our third-party vendor environments," an Anthropic spokesperson told AFP. The users got hold of Mythos by various means, including using access one of them had as a worker at a contractor for Anthropic, Bloomberg reported. Anthropic works with a small number of third-party vendors who help with model development. The firm has delayed a general release of Mythos, which it says can spot undiscovered security holes that have existed for decades, in systems tested by both human experts and automated tools. It shared Mythos first with a few dozen key US tech and financial services players -- such as Nvidia, Amazon and JP Morgan Chase -- to allow them to improve their security infrastructure. But the company has also been accused of overhyping the powers of a technology which is its stock in trade, and the subject of fierce competition with rival OpenAI.
Anthropic probes unauthorized access to Mythos AI model
American AI developer Anthropic said Tuesday it was investigating unauthorized access to Mythos, its powerful model which the company itself worries could be a boon for hackers. Anthropic said earlier this month it restricted the release of Mythos to 40 major tech firms to give them a head start in fixing cybersecurity vulnerabilities before they could be exploited by attackers.
SpaceX IPO: Here's What a $5,000 Investment Could Look Like In 5 Years | The Motley Fool
At 125 times 2025 revenue, SpaceX's valuation is historically the kind that will be a drag on the stock. One of the most anticipated initial public offerings (IPOs) in market history will soon be here. SpaceX has confidentially filed with the Securities and Exchange Commission, and is reportedly targeting a June 2026 listing. The $75 billion that SpaceX hopes to raise in the IPO could value the company at $2 trillion-plus, far higher than any previous public offering. That would instantly place it among the six most valuable publicly traded companies in the world, just shy of Amazon. Another unusual aspect of this IPO is that SpaceX could allocate 30% of its shares to retail investors -- at least three times the typical allocation -- yet demand for shares is still likely to exceed supply (making it oversubscribed). So, there is potential to get in on the IPO, but it might be expensive. If you manage to purchase $5,000 in SpaceX stock on Day 1, what might that look like five years from now? While the space-launch business is the face of SpaceX, its financial engine is really Starlink, the satellite internet provider. Starlink generated nearly $12 billion in revenue in 2025, roughly 60% of the company's total revenue. It's also the only part of the business that's really profitable at this point. And it is very profitable, with "EBITDA margins" (ratios of earnings before interest, taxes, depreciation, and amortization -- EBITDA -- to net revenue) above 60%. The launch business is not as profitable at this point, with cash inflows and outflows still roughly equal, but it is operating on a scale that no one can match. It's truly dominating the global commercial spaceflight market. You're also buying a smattering of other Elon Musk businesses, including xAI. Musk says that he wants to launch orbital data centers, hoping to gain an edge over competitors like Alphabet's Google, OpenAI, and Anthropic. At present, the company is burning cash -- about $1 billion per month -- while pulling in minimal revenue. A $2 trillion valuation would mean SpaceX stock is trading at roughly 125 times 2025 revenue. That is extremely pricey. It's higher than Tesla -- higher, even, than the famously expensive Palantir Technologies. It's also historically the kind of multiple that eventually compresses. Still, stocks can carry extremely high multiples for a long time (Palantir being a good example). The bull case assumes, among other things, that Starlink continues to grow at its current pace and that margins remain high. It also assumes that meaningful progress has been made on making orbital data centers a reality, and that xAI becomes a real contender in the field, and its economics improve considerably. The base case assumes solid execution, but Starlink's growth rate is slowing somewhat. It assumes that launch remains dominant and xAI stays in the conversation -- orbital data centers are still a long way off, but investors remain excited by the possibility. The bear case isn't a doomsday scenario (say, a wider market crash), but it assumes that enough doesn't go as planned for the stock to be dragged down by its extreme multiple. My honest read is that something closer to the bear case unfolds. I think Starlink will continue to grow, and grow fast, but I think there's more of a ceiling than many assume, especially in the developed world. The technology is most valuable to those with the least access to high-quality telecom infrastructure, which also means that its pricing power is ultimately limited. And while the company is far ahead at the moment, it will soon face stiff competition from global players like Amazon Leo (formerly Project Kuiper) and the Chinese project Qianfan. Then there's xAI and the vision of data centers in space. While the idea sounds exciting, to me it's peak hype -- all buzz and no substance. The technical limitations are significant, and the idea that "space is cold" is really a misnomer. Without going into too much detail, space is a vacuum, and that means -- contrary to what many believe -- that it's actually much harder, not easier, to cool things down. There are also plenty of other issues -- servicing the data centers, replacing spent graphics processing units (GPUs), protecting them from radiation, transmitting the data back to earth, not to mention the enormous cost of actually launching and assembling these megastructures -- making me extremely skeptical of the vision. And I think the more you read into it, the more you will be too. And all this distracts from the fact that xAI is a wildly unprofitable business with no clear path to changing that. Of course, the bearish take is my opinion, and plenty of analysts would point to the bull case as being the most likely outcome. So what a $5,000 investment looks like five years from now could be very different depending on what we see from SpaceX. That's the nature of high-multiple, high-growth companies. Their futures are much more uncertain -- and the endpoints more divergent.
Anthropic probes unauthorized access to Mythos AI model
American AI developer Anthropic said Tuesday it was investigating unauthorized access to Mythos, its powerful model which the company itself worries could be a boon for hackers. Anthropic said earlier this month it restricted the release of Mythos to 40 major tech firms to give them a head start in fixing cybersecurity vulnerabilities before they could be exploited by attackers. According to Bloomberg, which first reported the probe, a small group of users in a private, online forum gained access to the model via the computer system reserved for Anthropic's external vendors. "We're investigating a report claiming unauthorized access to Claude Mythos Preview through one of our third-party vendor environments," an Anthropic spokesperson told AFP. The users got hold of Mythos by various means, including using access one of them had as a worker at a contractor for Anthropic, Bloomberg reported. Anthropic works with a small number of third-party vendors who help with model development. The firm has delayed a general release of Mythos, which it says can spot undiscovered security holes that have existed for decades, in systems tested by both human experts and automated tools. It shared Mythos first with a few dozen key US tech and financial services players -- such as Nvidia, Amazon and JP Morgan Chase -- to allow them to improve their security infrastructure. But the company has also been accused of overhyping the powers of a technology which is its stock in trade, and the subject of fierce competition with rival OpenAI.
SpaceX says it has option to acquire startup Cursor for $60 billion
SpaceX said it has secured an option to either acquire code-generation startup Cursor for $60 billion later this year, or pay $10 billion for their new partnership, as it pushes deeper into the lucrative market for AI developer tools, according to Reuters. Along with OpenAI and Anthropic, Cursor is one of several Silicon Valley startups that have drawn waves of developers by using artificial intelligence to automate coding, a business where AI companies have found early commercial traction. The deal could give xAI, the Grok chatbot maker that SpaceX merged with in February, a stronger foothold in the AI coding market where it has so far lagged rivals. It also provides Cursor with more computing capacity to develop AI models. "The combination of Cursor's leading product and distribution to expert software engineers with SpaceX's million H100 equivalent Colossus training supercomputer will allow us to build the world's most useful models," SpaceX said in an X post on Tuesday. Colossus is xAI's supercomputer cluster in Memphis, which it has touted as the largest in the world. The company has been spending billions of dollars on AI infrastructure. The announcement comes ahead of SpaceX's highly anticipated public debut in the coming months, with the company eyeing a valuation of close to $1.75 trillion and a $75 billion fundraise that could go down as the biggest IPO in history. Two product engineering heads at Cursor, a startup that sells AI models for coding tasks, said in March they joined SpaceX to contribute to the company's lunar projects and xAI, Musk's AI startup that is now part of SpaceX. Musk welcomed the engineers, Andrew Milich and Jason Ginsberg, saying, "Orbital space centers and mass drivers on the Moon will be incredible."
Anthropic probes unauthorized access to Mythos AI model
American AI developer Anthropic said Tuesday it was investigating unauthorized access to Mythos, its powerful model which the company itself worries could be a boon for hackers. Anthropic said earlier this month it restricted the release of Mythos to 40 major tech firms to give them a head start in fixing cybersecurity vulnerabilities before they could be exploited by attackers. According to Bloomberg, which first reported the probe, a small group of users in a private, online forum gained access to the model via the computer system reserved for Anthropic's external vendors. "We're investigating a report claiming unauthorized access to Claude Mythos Preview through one of our third-party vendor environments," an Anthropic spokesperson told AFP. The users got hold of Mythos by various means, including using access one of them had as a worker at a contractor for Anthropic, Bloomberg reported. Anthropic works with a small number of third-party vendors who help with model development. The firm has delayed a general release of Mythos, which it says can spot undiscovered security holes that have existed for decades, in systems tested by both human experts and automated tools. It shared Mythos first with a few dozen key US tech and financial services players -- such as Nvidia, Amazon and JP Morgan Chase -- to allow them to improve their security infrastructure. But the company has also been accused of overhyping the powers of a technology which is its stock in trade, and the subject of fierce competition with rival OpenAI.
Anthropic probes unauthorized access to Mythos AI model
American AI developer Anthropic said Tuesday it was investigating unauthorized access to Mythos, its powerful model which the company itself worries could be a boon for hackers. Anthropic said earlier this month it restricted the release of Mythos to 40 major tech firms to give them a head start in fixing cybersecurity vulnerabilities before they could be exploited by attackers. According to Bloomberg, which first reported the probe, a small group of users in a private, online forum gained access to the model via the computer system reserved for Anthropic's external vendors. "We're investigating a report claiming unauthorized access to Claude Mythos Preview through one of our third-party vendor environments," an Anthropic spokesperson told AFP. The users got hold of Mythos by various means, including using access one of them had as a worker at a contractor for Anthropic, Bloomberg reported. Anthropic works with a small number of third-party vendors who help with model development. The firm has delayed a general release of Mythos, which it says can spot undiscovered security holes that have existed for decades, in systems tested by both human experts and automated tools. It shared Mythos first with a few dozen key US tech and financial services players -- such as Nvidia, Amazon and JP Morgan Chase -- to allow them to improve their security infrastructure. But the company has also been accused of overhyping the powers of a technology which is its stock in trade, and the subject of fierce competition with rival OpenAI.
Australia and New Zealand central banks monitoring Anthropic's Mythos release
SYDNEY, April 22 (Reuters) - The central banks of Australia and New Zealand said on Wednesday they were monitoring the release of Anthropic's advanced Mythos artificial intelligence model, joining authorities around the world in expressing concerns about the new cybersecurity risks it poses. Designed for defensive cybersecurity tasks, Mythos' vast capabilities have sparked fears about the threat to traditional software security, after Anthropic said a preview had uncovered "thousands" of major vulnerabilities in "every major operating system and web browser." Experts have also warned that the model can identify and exploit previously unknown vulnerabilities faster than companies can fix them. The Reserve Bank of Australia said in a statement it was closely monitoring the development and was "engaging with peer regulators, government and regulated entities." The Reserve Bank of New Zealand said it was also in contact with other regulators both domestically and in Australia over what it called the "developing risk" from Mythos. On Tuesday, Bundesbank President Joachim Nagel called the model a double-edged sword, saying: "it could be used not only to improve digital security systems, but also to leverage their vulnerabilities for malicious purposes." Anthropic has introduced Claude Mythos Preview through a tightly controlled program called Project Glasswing. Access has been granted to major technology companies including Amazon, Microsoft, Nvidia, and Apple. The company has also expanded access to more than 40 additional organisations that build or maintain critical software infrastructure. Experts say Mythos' advanced coding and autonomous capabilities could significantly accelerate sophisticated cyberattacks, especially in sectors like banking, where complex, interconnected, and often decades-old systems remain common. (Reporting by Stella Qiu in Sydney; Writing by Alasdair Pal; Editing by Edwina Gibbs)
Unauthorized users gained access to Anthropic's restricted Mythos AI model
A small group communicating via a private Discord channel accessed Claude Mythos Preview by guessing the model's URL on the same day Anthropic announced Project Glasswing. Anthropic says it is investigating and has found no evidence of impact to its core systems. The breach highlights the risks of restricting access to frontier AI capabilities through vendor environments rather than technical controls. A small group of unauthorised users gained access to Claude Mythos Preview, Anthropic's closely restricted cybersecurity AI model, on the same day the company publicly announced the model's existence, apparently by guessing the model's URL based on familiarity with Anthropic's URL formatting conventions for other models, according to a Bloomberg News report published on 21 April. The group, whose members communicate via a private Discord channel dedicated to gathering intelligence on unreleased AI models, has been using Mythos regularly since gaining access and provided Bloomberg with proof in the form of screenshots and a live demonstration. Anthropic confirmed it is investigating the claims: "We're investigating a report claiming unauthorised access to Claude Mythos Preview through one of our third-party vendor environments." The company said there is currently no evidence that the access has impacted Anthropic's core systems or extended beyond the vendor environment in question. An individual currently employed at a third-party contractor working with Anthropic appears to have been involved, at least in part, in facilitating the group's access, the outlet reported. The significance of the breach is inseparable from the nature of the model. Anthropic announced Mythos Preview and the accompanying Project Glasswing initiative on 7 April 2026. The company withheld the model from general release specifically because of its offensive cyber capabilities: in testing, Mythos autonomously discovered thousands of previously unknown zero-day vulnerabilities across every major operating system and every major web browser, and wrote working exploits, including chaining together four vulnerabilities in a browser to escape both renderer and operating system sandboxes, a feat that would typically require months of expert work. Anthropic engineers with no formal security training asked the model to find remote code execution vulnerabilities overnight and woke to complete, working exploits. The company said it was withholding the model because the same capabilities that make it powerful for defence could be devastating in the wrong hands. Project Glasswing was designed to navigate that tension: rather than a public release, Anthropic extended Mythos access to 12 named launch partners, Amazon Web Services, Apple, Broadcom, Cisco, CrowdStrike, Google, JPMorganChase, the Linux Foundation, Microsoft, Nvidia, and Palo Alto Networks, plus Anthropic itself, for defensive security work, with around 40 additional organisations also granted access. The initiative also included $100 million in usage credits and $4 million in direct donations to open-source security organisations. The restricted rollout was Anthropic's explicit attempt to give defenders a head start over attackers before a model with these capabilities proliferated. The unauthorised access undermines that logic without entirely defeating it: the group in question reportedly described its intentions as curiosity-driven, but intent is not a reliable safeguard when the tool in question can autonomously produce weaponisable exploits. The breach also carries political weight, arriving the day after President Trump said on CNBC that a Pentagon deal with Anthropic was "possible" and that the company was "shaping up." Anthropic is simultaneously suing the Department of Defense over its blacklisting as a supply chain risk, with that dispute centred specifically on the question of how safely its AI can be controlled. An unauthorised access incident, even one apparently routed through a third-party vendor environment rather than Anthropic's own infrastructure, gives ammunition to those in the administration who have argued that Anthropic cannot reliably govern access to its own tools. It also complicates the company's case in court, which rests in part on its argument that it applies rigorous safety and access controls to its most capable models. The mechanism of access, an educated guess about the model's URL, enabled by knowledge of Anthropic's conventions for other model endpoints, points to a specific failure mode that is distinct from a conventional data breach or intrusion. The group did not bypass Anthropic's security architecture so much as exploit the gap between Anthropic's controls on its own systems and those of a third-party vendor with access credentials. That distinction matters for the investigation and for how the incident should be read by the wider AI industry: it is a vendor security failure as much as a model governance failure. But the result is the same.
Kalshi and Polymarket to Launch Perpetual Futures | ForkLog
Kalshi and Polymarket to launch perpetual futures on cryptocurrencies. Prediction platforms Kalshi and Polymarket have announced the launch of perpetual futures on cryptocurrencies. These new instruments will allow users to trade with leverage. According to The Information, Kalshi will introduce the product in the coming weeks. Initially, users will be offered contracts on Bitcoin and other digital assets, with plans to later expand the range to include commodities. The platform will accept US dollars as collateral and plans to implement stablecoins in the second quarter. Last month, Kalshi obtained a license for margin trading in the US, reports The Information. Polymarket confirmed the launch of a similar service on its social media. The company released a video showcasing the interface for futures on crypto assets, stocks, and commodities. The platform has opened a waiting listâ€"the tool will be available on the international version of the exchange, which operates outside US jurisdiction. Perpetual futures do not have an expiration date and are popular in the crypto industry. CFTC Chairman Michael Selig previously urged officials to quickly establish clear rules for prediction markets. In April, Bernstein analysts suggested that by 2030, the total turnover of prediction markets could reach $1 trillion.Â
The Power of Established Presence: Why Discord Accounts Are Becoming Digital Assets of the Future
Discord has become a place where identity, community and consciousness effortlessly blend together into an alchemic mix of one more thing: innovation in the age of digital communication. It started as a messaging utility, but its ecosystem has gradually matured to the point where user accounts themselves have become incredibly valuable and desirable. And at the very centre of all this is a strong digital footprint. These days, an aged discord account is no longer just a glorified profile -- it indicates that you have history and engagement participation in multiple communities. Gaming servers, creative hubs, professional networks and even Web3 spaces, each account is a breadcrumb to wherever the user decides to go on their journey. The demand for well-established accounts appears to be on the rise, with these types of accounts tending to have a creation date long before yours, discovering them will be much easier than trying to create user or screen names yourself, and their activity levels can add character and depth to the account. Because of this growing trend of longevity in accounts, users may feel more comfortable joining in on a community's or group of users' ongoing conversations or collaborations. Among the most exciting trends has been the increasing interest in older or established accounts. Those profiles tend to have creation dates that predate things, more sophisticated usernames, and an activity history with some texture and personality. This feeling of longevity provides increased familiarity and allows users to integrate more seamlessly into or continue existing discussions or collaborations in many communities. For those starting out in this area, there are places like https://discord-zone.com which opened up the option to discover interesting account opportunities and much more of the ecosystem. The growing accessibility With carefully chosen account alternatives has made it simpler for users to locate profiles that fit their objectives, whether they are creating a unique online persona or joining exclusive communities. Also included among user preferences is the ability to create custom Discord accounts. Creating a one-of-a-kind profile account with custom avatars, animated profile backgrounds, and unique username allows a user to be creative visually rather than relying on a standard discord layout. Customising a user's aged discord account allows them to grow along with the community, as their account is now an expression of who they are through their ever-changing digital identity. As well as enhancing the features of existing accounts, Discord continues to regularly upgrade its user experience. The result: higher levels of engagement and usage of existing accounts. Moves by Discord to improve how users verify their accounts and build profiles have also made users' experiences using a Discord account more enjoyable, seamless, and immersive. All the innovation from Discord now allows users to spend less time worrying about their accounts and more time building strong, collaborative relationships with others. Discord can function as a central hub for creating, sharing, and connecting with people worldwide. As online spaces continue to interconnect, an extensive, visible account on multiple platforms gives you access to more varied and exciting things than you could find by only being connected through only one service. In the future, Discord accounts will play an increasingly important role within Discord. Discord accounts are more than usernames and passwords for access to a game, but instead represent an individual's persona, creative expression, and ability to create an impact on others. As more individuals find ways to participate in the online community, the creation of a well thought out Discord account will become more obvious each day.
Anthropic probes unauthorized access to Mythos AI model
Unfortunately you've used all of your gifts this month. Your counter will reset on the first day of next month. American AI developer Anthropic said Tuesday it was investigating unauthorized access to Mythos, its powerful model which the company itself worries could be a boon for hackers. Anthropic said earlier this month it restricted the release of Mythos to 40 major tech firms to give them a head start in fixing cybersecurity vulnerabilities before they could be exploited by attackers.
Banks and financial institutions in America and Europe, Anthropic may have just 'failed in its promise to protect' you as hackers claim ...
A small group of unauthorized users has gained access to Anthropic's new Mythos AI model, says a Bloomberg report. The AI model was announced by the company earlier this month. In a blog post, the company announced that it will not publicly release the model citing fears that it could de-stabilize the cybersecurity world. Anthropic then said to have a limited rollout of Mythos to a limited set of approved partners due to its advanced capabilities. Now, the Bloomberg report says that a group of users in a private online forum accessed the Mythos model on the same day it was announced for limited testing. The access was allegedly linked to a third-party contractor environment.According to the report, the unauthorized access was carried out by a small group of users in a private Discord channel. The group reportedly used a mix of methods to gain entry, including access linked to a third-party contractor and online tools commonly used for cybersecurity research.The report said the users were able to guess the likely online location of the model based on patterns used in earlier Anthropic systems. Some of this information may have come from publicly available data or earlier breaches involving related platforms.The group is said to focus on tracking unreleased AI models and uses bots to scan websites such as GitHub for clues. According to the report, the users have been interacting with the model but have not used it for cybersecurity-related tasks.The Bloomberg report quotes an Anthropic spokesperson who said: "We're investigating a report claiming unauthorized access to Claude Mythos Preview through one of our third-party vendor environments."The spokesperson added that the company has "no evidence that the access reported by Bloomberg went beyond a third-party vendor's environment or that it is impacting any of Anthropic's systems."Anthropic says that during testing, Mythos reportedly detected thousands of critical flaws, including zero-day vulnerabilities that typically take elite human teams months to uncover. By comparison, human researchers discover about 100 such vulnerabilities annually. Experts told Business Insider that Mythos compresses exploit development from weeks to hours, representing a leap in AI's ability to handle cybersecurity tasks.Because large language models excel at structured languages like code, Mythos can identify subtle logic-level bugs that humans or traditional tools often miss. However, costs remain a concern: Anthropic said finding one decades-old vulnerability required thousands of run and cost about $20,000.Anthropic has already allowed several companies, including Amazon, Apple and Cisco Systems, to test Mythos. The model is also being offered through Amazon's Bedrock platform to a limited set of organisations. The report added that financial institutions and government agencies are seeking early access to better understand and defend against potential risks linked to the technology.The incident underlines the broader challenge facing AI companies as they develop powerful systems while trying to control how they are accessed and used.
Rush hour chaos after Greyfriars Bridge crash as motorcyclist treated at scene
A CRASH involving a car and a motorbike brought Hereford's morning rush hour to a standstill today (April 22). Greyfriars Bridge was shut northbound and traffic was gridlocked across surrounding roads after the accident occurred. A motorcyclist was later assessed for minor injuries and discharged at the scene. West Mercia Ambulance Service said it was called to reports of a road traffic collision involving a car and a motorbike on the A49 at 7.28 am. A spokesperson said: "We were called to reports of an RTC between a motorbike and a car on the A49 in Hereford at 7.28 am and sent two ambulances to the scene. "On arrival, crews found a man, the motorcyclist, who they assessed for minor injuries before he was discharged at the scene." The collision resulted in the northbound side of Greyfriars Bridge being closed for a time, with both lanes reported shut at the height of the incident. Motorists faced heavy congestion on surrounding routes, including Belmont Road and the A49 Ross Road heading into the city. West Mercia Police confirmed officers were at the scene of the crash on Belmont Road near Greyfriars Bridge, while Hereford and Worcester Fire and Rescue Service said it was not required to attend. Traffic data from Google Maps showed significant delays across the area throughout the morning rush hour. One lane was later reopened, allowing traffic to move slowly before the road fully reopened. Despite the reopening, congestion continued for some time as queuing traffic cleared. Motorists were advised to avoid the area where possible while emergency services dealt with the incident.
ARK Invest Projects $1.75 Trillion Valuation for SpaceX Before Rumored 2026 Public Debut - Blockonomi
Approximately 30% of offering shares could be allocated to individual retail participants, broadening public market access On April 21, Cathie Wood's ARK Invest published an analysis assigning a $1.75 trillion enterprise value to SpaceX in anticipation of the company's anticipated market debut. The assessment identifies three core drivers supporting this ambitious price tag. First among these is Starlink, the satellite broadband service that has grown to serve more than 10 million customers worldwide. ARK's analysts project the division will generate north of $20 billion in annual revenue during the current fiscal period. Second is the dramatic transformation in orbital access economics. Since 2008, the company has achieved approximately 95% cost reduction in launch services. This breakthrough stems from pioneering reusable rocket systems that enable multiple flight cycles for the same hardware components. The third pillar involves what the investment firm describes as an emerging "orbital economy." This concept encompasses future commercial activities conducted in space environments, potentially including off-world data processing centers and zero-gravity manufacturing operations. Rather than categorizing SpaceX as a conventional aerospace manufacturer, ARK positions it as critical infrastructure enabling a space-based economic ecosystem. The firm draws parallels to foundational companies that built early telecommunications and transportation networks. The Starlink constellation sits at the heart of ARK's financial thesis. Delivering internet connectivity from low Earth orbit to global markets, the service represents a scalable revenue stream that underpins much of the valuation model. ARK's analysts argue that sustained network expansion will catalyze substantial commercial adoption across multiple industries seeking space-based connectivity solutions. The investment firm contends that decreasing launch economics will progressively lower barriers for commercial space operations, potentially creating entirely new market categories that remain nascent today. ARK acknowledges its valuation incorporates significant forward-looking assumptions. Substantial portions depend on SpaceX achieving ambitious Starship cost objectives and successfully scaling Starlink's subscriber base and infrastructure. According to industry reports, SpaceX is preparing for a NASDAQ public offering scheduled for June 2026. The company reportedly aims to raise approximately $75 billion through the offering, positioning it to become the largest initial public offering on record. Sources suggest the company may designate roughly 30% of available shares specifically for retail investors. This allocation strategy would enable individual market participants to acquire equity at the initial offering price. The timing of ARK Invest's valuation report appears strategically aligned to establish a public pricing framework in advance of the anticipated listing event. Separately, SpaceX has negotiated an option to purchase AI software developer Cursor for $60 billion. The strategic acquisition would integrate Cursor's development tools with SpaceX's "Colossus" supercomputing infrastructure to advance proprietary software capabilities. This maneuver positions the aerospace company in direct rivalry with artificial intelligence leaders including OpenAI. Notably, Cathie Wood executed no significant portfolio transactions across ARK's exchange-traded funds on April 21, coinciding with the SpaceX valuation report's release date.
Australia and New Zealand central banks monitoring Anthropic's Mythos release
Microsoft Corporation is the world's leader in the design, development and marketing of operating systems and software programs for PC's and servers. The group also builds and sells computer equipment. Net sales break down by activity as follows: - sale of operating systems and application development tools (42.9%): primarily for servers (Azure, SQL Server, Windows Server, Visual Studio, System Center, GitHub, etc.) and (Windows); - development of cloud-based software applications (37.7%): programs for productivity (Microsoft 365; Word, Excel, PowerPoint, Outlook, OneNote, Publisher and Access), integrated management and customer relationship management (Dynamics 365), online file sharing and management (OneDrive), and unified and collaborative communications (Microsoft Teams); - other (19.4%): primarily sale of software licenses (Windows), tablets (Microsoft Surface), video game consoles and software (Xbox), computer accessories, etc. The United States accounts for 51.3% of net sales.
Anthropic probes unauthorised access to Mythos AI model
SAN FRANCISCO: American AI developer Anthropic said Tuesday it was investigating unauthorised access to Mythos, its powerful model which the company itself worries could be a boon for hackers. Anthropic said earlier this month it restricted the release of Mythos to 40 major tech firms to give them a head start in fixing cybersecurity vulnerabilities before they could be exploited by attackers. According to Bloomberg, which first reported the probe, a small group of users in a private, online forum gained access to the model via the computer system reserved for Anthropic's external vendors. "We're investigating a report claiming unauthorised access to Claude Mythos Preview through one of our third-party vendor environments," an Anthropic spokesperson told AFP. The users got hold of Mythos by various means, including using access one of them had as a worker at a contractor for Anthropic, Bloomberg reported. Anthropic works with a small number of third-party vendors who help with model development. The firm has delayed a general release of Mythos, which it says can spot undiscovered security holes that have existed for decades, in systems tested by both human experts and automated tools. It shared Mythos first with a few dozen key US tech and financial services players -- such as Nvidia, Amazon and JP Morgan Chase -- to allow them to improve their security infrastructure. But the company has also been accused of overhyping the powers of a technology which is its stock in trade, and the subject of fierce competition with rival OpenAI.
SpaceX Offers AI Coding Startup Cursor $60B to Save Elon Musk's Failing xAI Software
By poaching top engineers and integrating Cursor's elite tech, SpaceX is positioning itself as the leader of the 'vibe coding' era Elon Musk's aerospace giant has reportedly made a massive financial play to rescue its struggling software division. Sources suggest SpaceX is prepared to pay a staggering sum to integrate Cursor's advanced technology before a potential public offering. This high-stakes move in California marks a desperate attempt to bridge the gap as Musk's internal AI projects fall behind industry rivals. SpaceX has locked in an agreement with Cursor that provides a clear path to ownership, valuing the AI newcomer at $60 billion (£44.42 billion) by the end of the year. Under the terms, the rocket company can either choose a full buyout or hand over $10 billion (£7.40 billion) to fund their joint projects. 'SpaceXAI and @cursor_ai are now working closely together to create the world's best coding and knowledge work AI,' the firm announced on Tuesday. This social media update arrived moments before a New York Times report claimed SpaceX had settled on a $50 billion (£37.02 billion) price tag to buy Cursor, based on information from two anonymous sources. The news outlet later adjusted its article to include the official statement released by SpaceX. In a post on X, Cursor chief Michael Truell expressed that he is 'excited to partner with the SpaceX team to scale up Composer,' highlighting the startup's flagship AI model. Truell described the deal as, 'a meaningful step on our path to build the best place to code with AI.' The agreement serves as a direct reaction to the growing strain on Musk's goals for the sector. He had openly admitted that xAI -- the venture he started and later folded into SpaceX this February -- was falling behind competitors when it came to programming power. After that confession, he moved to cut staff numbers at xAI through a wave of lay-offs. At the same time, he launched a bold recruitment drive to snatch top developers from rival firms, including two of Cursor's own experts, Andrew Milich and Jason Ginsberg. In February, Musk joined the reusable rocket firm with his AI venture, xAI, in a merger he priced at $1.25 trillion (£0.93 trillion). He is now set to list the unified business on the stock market in what is expected to be a historic public offering. This alliance provides SpaceX with immediate entry to one of the most profitable AI programming tools currently available. Since its debut in 2023, the startup's digital assistant has supported developers in creating, checking, and refining code across large projects. It is now a primary fixture in what experts describe as the 'vibe coding' movement -- a term used for the AI-driven methods that have quickly reshaped the way software is produced. Oskar Schulz, the president of Cursor, highlighted why the deal makes sense for his firm: 'The SpaceX team has an enormous amount of compute, and we think together we can scale up our model efforts, and we're really excited about it. We really like their team.' Before SpaceX entered the picture, Cursor was already in the final stages of a deal to raise roughly $2 billion from investors. This funding would have valued the startup at over $50 billion. The investment round was expected to be led by Andreessen Horowitz, with support from Nvidia and Thrive Capital -- a notable connection, as both Andreessen and Nvidia are already major backers of xAI.
Australia and New Zealand central banks monitoring Anthropic's Mythos release
SYDNEY, April 22 (Reuters) - The central banks of Australia and New Zealand said on Wednesday they were monitoring the release of Anthropic's advanced Mythos artificial intelligence model, joining authorities around the world in expressing concerns about the new cybersecurity risks it poses. Designed for defensive cybersecurity tasks, Mythos' vast capabilities have sparked fears about the threat to traditional software security, after Anthropic said a preview had uncovered "thousands" of major vulnerabilities in "every major operating system and web browser." Experts have also warned that the model can identify and exploit previously unknown vulnerabilities faster than companies can fix them. The Reserve Bank of Australia said in a statement it was closely monitoring the development and was "engaging with peer regulators, government and regulated entities." The Reserve Bank of New Zealand said it was also in contact with other regulators both domestically and in Australia over what it called the "developing risk" from Mythos. On Tuesday, Bundesbank President Joachim Nagel called the model a double-edged sword, saying: "it could be used not only to improve digital security systems, but also to leverage their vulnerabilities for malicious purposes." Anthropic has introduced Claude Mythos Preview through a tightly controlled program called Project Glasswing. Access has been granted to major technology companies including Amazon, Microsoft, Nvidia, and Apple. The company has also expanded access to more than 40 additional organisations that build or maintain critical software infrastructure. Experts say Mythos' advanced coding and autonomous capabilities could significantly accelerate sophisticated cyberattacks, especially in sectors like banking, where complex, interconnected, and often decades-old systems remain common. (Reporting by Stella Qiu in Sydney; Writing by Alasdair Pal; Editing by Edwina Gibbs)