News & Updates
The latest news and updates from companies in the WLTH portfolio.
Zimbabwe: Venue Chaos, Arrest Fears, Mar Day One of Constitutional Amendment Bill Public Hearings - Erc | South Africa Today
OVERCROWDED venues, political tension and limited citizen participation dominated the first day of public hearings on the proposed Constitution of Zimbabwe Amendment (No.3) Bill, the Election Resource Centre (ERC Africa) has reported. Public hearings on the Constitution of Zimbabwe Amendment (No.3) Bill began nationwide Monday and are scheduled to run up to Thursday, in line with Parliament's constitutional obligation to gather citizens' views on proposed changes. In a statement released Monday,...
AI giant Anthropic signs safety pact with Australia
American artificial intelligence giant Anthropic, locked in a months-long dispute with the US government, has signed a pact with Australia to cooperate on safety regarding the controversial technology. Anthropic's CEO Dario Amodei will sign a memorandum of understanding in a meeting with Prime Minister Anthony Albanese in Canberra on Wednesday. Under the agreement, the company will share findings on the risks and capabilities of AI, collaborate with research institutions, and take part in safety and security evaluations as part of a commitment to work with Australia's AI Safety Institute. The maker of popular chatbot Claude has also agreed to support the local AI ecosystem, collaborate on the development of the technology, and ensure its future Australian operations will align with the government's expectations regarding data centres and AI infrastructure developers. "Australia's investment in AI safety makes it a natural partner for responsible AI development," Mr Amodei said. The decision to form closer ties with Australia comes as the Pentagon designated Anthropic a "supply-chain risk" in early March, barring US government contractors from using the company's technology in work for the military. Anthropic has since filed lawsuits against the US Department of Defense, escalating a months-long feud over the company's insistence on implementing safeguards to prevent the military's potential use of its technology for mass domestic surveillance and fully autonomous weapons. The Australian government has heralded its arrangement with Anthropic as a way to capture the opportunities of AI, while ensuring its citizens stay safe. "(This) sends a clear signal to Australians that we are open for business, where investment aligns with Australia's priorities and Australian values," Industry Minister Tim Ayres said. The federal government in June 2025 unveiled a $20 billion deal with Amazon Web Services to fund data centre infrastructure, while its New South Wales counterpart on Friday backed a plan for 15 data centre projects worth $51 billion. But questions have been raised over the viability of the data centre industry due to concerns over the vast amount of resources it uses. Some large data centres use up to 40 million litres of water per day, enough for up to 80,000 Australian homes, according to the Water Services Association of Australia. They also require significant amounts of land, generate a lot of heat, and can create noise pollution which affects nearby communities and animals, the Climate Council has found. "We want to make sure that this massive interest in data centre investment in our country comes with obligations, including natural resource management, water obviously, energy and a whole range of relevant factors," Treasurer Jim Chalmers told reporters. Dr Chalmers is set to meet with Mr Amodei later on Wednesday.
AI giant Anthropic signs safety pact with Australia
American artificial intelligence giant Anthropic, locked in a months-long dispute with the US government, has signed a pact with Australia to cooperate on safety regarding the controversial technology. Anthropic's CEO Dario Amodei will sign a memorandum of understanding in a meeting with Prime Minister Anthony Albanese in Canberra on Wednesday. Under the agreement, the company will share findings on the risks and capabilities of AI, collaborate with research institutions, and take part in safety and security evaluations as part of a commitment to work with Australia's AI Safety Institute. The maker of popular chatbot Claude has also agreed to support the local AI ecosystem, collaborate on the development of the technology, and ensure its future Australian operations will align with the government's expectations regarding data centres and AI infrastructure developers. "Australia's investment in AI safety makes it a natural partner for responsible AI development," Mr Amodei said. The decision to form closer ties with Australia comes as the Pentagon designated Anthropic a "supply-chain risk" in early March, barring US government contractors from using the company's technology in work for the military. Anthropic has since filed lawsuits against the US Department of Defense, escalating a months-long feud over the company's insistence on implementing safeguards to prevent the military's potential use of its technology for mass domestic surveillance and fully autonomous weapons. The Australian government has heralded its arrangement with Anthropic as a way to capture the opportunities of AI, while ensuring its citizens stay safe. "(This) sends a clear signal to Australians that we are open for business, where investment aligns with Australia's priorities and Australian values," Industry Minister Tim Ayres said. The federal government in June 2025 unveiled a $20 billion deal with Amazon Web Services to fund data centre infrastructure, while its New South Wales counterpart on Friday backed a plan for 15 data centre projects worth $51 billion. But questions have been raised over the viability of the data centre industry due to concerns over the vast amount of resources it uses. Some large data centres use up to 40 million litres of water per day, enough for up to 80,000 Australian homes, according to the Water Services Association of Australia. They also require significant amounts of land, generate a lot of heat, and can create noise pollution which affects nearby communities and animals, the Climate Council has found. "We want to make sure that this massive interest in data centre investment in our country comes with obligations, including natural resource management, water obviously, energy and a whole range of relevant factors," Treasurer Jim Chalmers told reporters. Dr Chalmers is set to meet with Mr Amodei later on Wednesday.
Spacex Lines Up 21 Banks For Mega Ipo, Code-named Project Apex - Reuters By Investing.com
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks. Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed. Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website. It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website. Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
Saudi Arabia, Iraq, Bangladesh & Nigeria Patients Drop Up to 75%: Air India, Emirates & IndiGo Flight Chaos Sends Taj Hotels, Oberoi & Marriott Occupancy Crashing in India's Medical Tourism Meltdown
Published on March 30, 2026 The escalating conflict in West Asia has cast a long shadow over India's once-booming medical tourism sector, with countries like Saudi Arabia, Iraq, Bangladesh, and Nigeria witnessing a staggering 75% drop in patient arrivals. This unexpected plunge has sent shockwaves through India's hospitals, which typically rely on these regions for a significant portion of their international clientele. As if that weren't enough, the airline industry has also been thrown into disarray, with Air India, Emirates, and IndiGo struggling to keep up with a barrage of cancellations, rerouted flights, and sky-high airfare increases. The ripple effect has also hit India's hospitality sector, with iconic hotel chains like Taj, Oberoi, and Marriott grappling with empty rooms and plummeting bookings, particularly in key cities like Delhi and Mumbai. With travel disruptions and heightened uncertainty, medical travelers who once flocked to India for affordable treatments are now seeking alternatives, and tourism revenue continues to falter. As the medical tourism sector reevaluates its prospects, the future remains uncertain -- yet the resilience of India's healthcare system and hospitality infrastructure hints at a potential rebound once these geopolitical tensions ease. Saudi Arabia, Iraq, Bangladesh & Nigeria Patients Drop Up to 75%: Air India, Emirates & IndiGo Flight Chaos Sends Taj Hotels, Oberoi & Marriott Occupancy Crashing in India's Medical Tourism Meltdown The ongoing geopolitical tensions in West Asia, particularly the escalating conflict in countries like Saudi Arabia, Iraq, and others, have had a far-reaching impact on India's booming medical tourism sector. As a hub for medical treatments, India has seen a significant decline in international patient arrivals, with some regions experiencing up to a 75% drop in foreign patients over the past few weeks. The aviation sector is also reeling from the disruptions, with major airlines such as Air India, Emirates, and IndiGo facing challenges due to flight reroutes, increased fares, and cancellations. Additionally, this has hit India's hospitality industry hard, with Taj Hotels, Oberoi, and Marriott seeing a significant dip in occupancy rates, particularly in cities like Delhi, Mumbai, and Bengaluru. Flight Chaos Triggers Airline Disruptions: Air India, Emirates, and IndiGo Struggle to Meet Demand The airline industry has always been a pivotal component of India's medical tourism sector, ensuring that international patients can travel seamlessly for treatment. However, the ongoing conflict in West Asia has led to significant disruption in air traffic, particularly affecting Air India, Emirates, and IndiGo, three of the key airlines catering to international tourists, especially from the Middle East. With flight routes severely affected by airspace closures, airlines have been forced to reroute several flights, resulting in increased travel time, delays, and higher airfares. This has caused a drastic reduction in international patient footfall, particularly from the Middle East. While Emirates and Air India continue to operate flights between their major hubs in the Middle East and India, the rising fuel costs and revised flight paths have contributed to fare hikes of 15-25% in recent weeks. The disruption has caused a sharp decrease in flight bookings for patients traveling to India for critical treatments such as cardiac care, oncology, and fertility procedures. Many patients have postponed or cancelled their travel plans due to the uncertainty surrounding flight schedules and increased travel costs. The impact is felt more acutely among travelers from regions like Saudi Arabia, Iraq, Bangladesh, and Nigeria, where medical travel to India has been a norm. Saudi Arabia, Iraq, Bangladesh & Nigeria Patients Drop 75%: Medical Tourism in Crisis One of the most significant consequences of the West Asia conflict is the sharp fall in patient arrivals from Saudi Arabia, Iraq, Bangladesh, and Nigeria. Patients from these countries typically make up a large portion of India's medical tourism sector. The 75% drop in patients has been observed across hospitals in key medical tourism hubs such as Delhi, Chennai, and Mumbai. Countries like Saudi Arabia and Iraq have traditionally contributed a substantial number of patients seeking affordable, high-quality medical treatments in India. However, the ongoing geopolitical instability in these regions has led to severe flight disruptions and visa processing delays, which have directly affected the medical tourism flow. Additionally, rising ticket prices and longer travel times have deterred patients from making the trip, further exacerbating the decline. To cope with this slowdown, several prominent hospitals, including Fortis Healthcare, Max Healthcare, and Medanta, have started exploring alternative markets. They are now focusing their efforts on Southeast Asia, Africa, and Central Asia, which are seen as emerging sources of medical tourists. The shift comes as hospitals seek to replace the lost Middle Eastern patient base and maintain their business growth. Flight Hikes and Hotel Occupancy Dip: Taj, Oberoi & Marriott Feeling the Pinch The hospitality sector in India, particularly the luxury hotel segment, has been hit hard by the decline in international arrivals. Hotels such as Taj, Oberoi, and Marriott have reported a significant drop in occupancy rates, particularly in cities like Delhi, Mumbai, and Bengaluru. With fewer foreign patients and tourists, room occupancy has dropped by as much as 30-40% in some of the five-star hotel chains. Many hotels, including the ITC Hotels group, have been forced to lower their prices to attract domestic and international visitors, but the competition in the hospitality sector remains fierce. The high airfare costs and flight uncertainties have made it more difficult for international tourists to plan their travel to India, further impacting the hotel industry's performance. With reduced demand from high-net-worth tourists and medical travelers, revenue per available room (RevPAR) has also seen a marked decline. Although the Indian government has ramped up its domestic tourism campaigns, promoting locations like Goa, Rajasthan, and the Kerala backwaters, the lack of international arrivals continues to weigh heavily on the hospitality industry. The luxury market, in particular, has been hit the hardest, as high-end clients who typically travel for medical treatments and leisure are now hesitant to book flights to India due to uncertainty surrounding international travel. Medical Tourism Impacted: Top Treatments Affected and Patient Travel Delays While India remains a world leader in medical tourism, offering cost-effective, high-quality healthcare, the current geopolitical situation has affected several of the top treatments sought by international patients. Treatments such as cardiac surgeries, oncology (cancer treatment), fertility procedures, and orthopedic surgeries have seen a sharp decline in patient volume. Patients from Middle Eastern countries, especially Saudi Arabia and Iraq, who typically travel to India for these specialized treatments, are now deferring their visits or seeking alternative options closer to home. Similarly, fertility treatments and plastic surgeries, which have been popular among patients from countries like Bangladesh and Nigeria, have also seen a considerable reduction in bookings due to the increased uncertainty and costs associated with travel. Despite these setbacks, hospitals like Medanta and Fortis Healthcare have emphasized that the demand for critical care remains steady. For instance, patients requiring urgent cardiac or cancer treatment are still traveling, though in reduced numbers. Telemedicine consultations have become more prevalent, allowing patients to consult doctors remotely, though this does not replace the need for physical treatments and surgeries. Travel Tips for Tourists: Navigating the Turbulent Skies and Hotel Stays For travelers planning their visit to India, particularly medical tourists, it is important to keep the following tips in mind: * Plan Ahead for Flights: Book flights as early as possible to secure better rates. Be prepared for increased airfare costs due to flight rerouting and fuel surcharges. Airlines like Emirates, Air India, and IndiGo may have irregular flight schedules or delays due to airspace issues, so always confirm flight timings before departure. * Consider Alternative Routes: If traveling from regions affected by the conflict, explore alternative air routes through African carriers like Ethiopian Airlines or Kenya Airways, which offer alternative paths to India. These airlines are still operational, albeit at higher costs. * Flexible Hotel Bookings: Given the uncertainty in flight schedules, it's advisable to book hotel rooms with flexible cancellation policies. Taj Hotels, Oberoi, and Marriott are offering discounts and promotions to attract domestic and international tourists. Check the terms and conditions for easy changes in bookings, in case your travel plans get delayed. * Check for Medical Travel Insurance: For medical tourists, it is essential to purchase comprehensive travel insurance that covers medical treatment abroad as well as unforeseen flight delays or cancellations. Always ensure your health coverage extends to emergency situations. Traveler Action Checklist The Future Outlook for India's Medical Tourism and Hospitality Sector While the ongoing conflict in West Asia has caused a temporary setback, experts believe the medical tourism sector in India will rebound once the geopolitical tensions settle. The resilience of the healthcare system and the country's established reputation for cost-effective treatments will continue to attract patients from around the world. In the interim, medical institutions are redirecting their focus to emerging markets such as Southeast Asia and Africa, while hospitality chains like Marriott and Oberoi are targeting domestic tourism and regional travelers to offset losses. The airline industry is also expected to adapt as flight schedules normalize and route disruptions are resolved. For now, travelers must be patient and adaptable, keeping an eye on both flight availability and hotel accommodations while adjusting to a world of fluctuating travel costs. The ongoing conflict in West Asia has caused a 75% drop in medical tourists from Saudi Arabia, Iraq, Bangladesh, and Nigeria, severely impacting India's healthcare and hospitality sectors. With Air India, Emirates, and IndiGo facing flight disruptions, Taj, Oberoi, and Marriott are grappling with plummeting bookings and occupancy rates. In conclusion, while West Asia's conflict has temporarily disrupted India's medical tourism flow, the long-term outlook remains positive, driven by India's world-class medical services and the continued global need for affordable healthcare solutions.
Spacex Lines Up 21 Banks For Mega Ipo, Code-named Project Apex - Reuters By Investing.com
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks. Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed. Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website. It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website. Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
Spacex Lines Up 21 Banks For Mega Ipo, Code-named Project Apex - Reuters By Investing.com
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks. Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed. Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website. It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website. Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
Anthropic to sign deal with Australia on AI safety and economic data tracking
SYDNEY, April 1 (Reuters) - Anthropic said on Wednesday it would sign an agreement to share its economic index data with the Australian government to help track artificial intelligence adoption across the economy, and its impact on workers and jobs. Under the agreement, the Claude maker will share findings on emerging AI model capabilities and risks, participate in joint safety evaluations, and collaborate on research with Australian universities. Anthropic said it would also target investments in data centre infrastructure and energy across Australia. "Australia's investment in AI safety makes it a natural partner for responsible AI development," Anthropic CEO Dario Amodei said in Canberra, where he is expected to meet Prime Minister Anthony Albanese on Wednesday. "This memorandum of understanding gives our collaboration a formal foundation." The deal mirrors similar agreements with safety institutes in the United States, Britain and Japan. Australia currently has no specific AI legislation. The centre-left Labor government has said it would rely on existing laws to manage emerging AI risks while introducing voluntary guidelines amid privacy and safety concerns. In its National AI Plan released in December, Labor outlined a roadmap to ramp up AI adoption across the economy, attract data centre investment, and build AI skills to support jobs as the technology becomes more integrated into daily life. (Reporting by Renju Jose in Sydney; Editing by Edmund Klamann)
SpaceX lines up 21 banks for mega IPO, code-named project Apex
March 31 - SpaceX is working with at least 21 banks on its blockbuster initial public offering, people familiar with the matter said on Tuesday, one of the largest underwriting syndicates assembled in recent years. The listing, internally codenamed Project Apex, is expected to be among the most closely watched stock market debuts on Wall Street. The public offering, expected in June, is estimated to value the rocket company controlled by founder and CEO Elon Musk at $1.75 trillion. Morgan Stanley, Goldman Sachs, JPMorgan Chase, Bank of America and Citigroup are serving as active bookrunners, or the lead banks managing the deal, the people said, asking not to be identified because the process is not public. A further 16 banks have signed on in smaller roles, they added. About half of the banks' names have not previously been reported. The size of the syndicate underscores the scale and complexity of the planned offering. Banks in addition to the bookrunners include: * Allen & Co * Barclays * Brazil's BTG Pactual * Deutsche Bank * The Netherlands' ING Groep * Macquarie * Mizuho * Needham & Co * Raymond James * Royal Bank of Canada * Societe Generale * Banco Santander * Stifel * UBS * Wells Fargo * William Blair The banks are expected to take on roles in institutional, high-net-worth and retail investor channels as well as in different geographic regions, Reuters previously reported. The plan is subject to change and additional banks could still be added, the sources said. Texas-based SpaceX did not immediately respond to a request for comment. Bank of America, Barclays, Deutsche Bank, Goldman Sachs, JPMorgan, Mizuho, Santander and Wells Fargo declined to comment. The other banks did not immediately respond to requests for comment. Large IPO syndicates have become more common for mega deals in recent years. Chip designer ARM Holdings worked with close to 30 banks on its 2023 listing, while Alibaba Group assembled a similarly large group of underwriters for its record-breaking 2014 debut. (Reporting by Echo Wang in New York; Editing by Dawn Kopecki and Cynthia Osterman)
Exclusive-SpaceX lines up 21 banks for mega IPO, code-named project Apex By Reuters
March 31 - SpaceX is working with at least 21 banks on its blockbuster initial public offering, people familiar with the matter said on Tuesday, one of the largest underwriting syndicates assembled in recent years. The listing, internally codenamed Project Apex, is expected to be among the most closely watched stock market debuts on Wall Street. The public offering, expected in June, is estimated to value the rocket company controlled by founder and CEO Elon Musk at $1.75 trillion. Morgan Stanley, Goldman Sachs, JPMorgan Chase, Bank of America and Citigroup are serving as active bookrunners, or the lead banks managing the deal, the people said, asking not to be identified because the process is not public. A further 16 banks have signed on in smaller roles, they added. About half of the banks' names have not previously been reported. The size of the syndicate underscores the scale and complexity of the planned offering. Banks in addition to the bookrunners include: * Allen & Co * Barclays * Brazil's BTG Pactual * Deutsche Bank * The Netherlands' ING Groep * Macquarie * Mizuho * Needham & Co * Raymond James * Royal Bank of Canada * Societe Generale * Banco Santander * Stifel * UBS * Wells Fargo * William Blair The banks are expected to take on roles in institutional, high-net-worth and retail investor channels as well as in different geographic regions, Reuters previously reported. The plan is subject to change and additional banks could still be added, the sources said. Texas-based SpaceX did not immediately respond to a request for comment. Bank of America, Barclays, Deutsche Bank, Goldman Sachs, JPMorgan, Mizuho, Santander and Wells Fargo declined to comment. The other banks did not immediately respond to requests for comment. Large IPO syndicates have become more common for mega deals in recent years. Chip designer ARM Holdings worked with close to 30 banks on its 2023 listing, while Alibaba Group assembled a similarly large group of underwriters for its record-breaking 2014 debut.
Exclusive-SpaceX lines up 21 banks for mega IPO, code-named project Apex
March 31 - SpaceX is working with at least 21 banks on its blockbuster initial public offering, people familiar with the matter said on Tuesday, one of the largest underwriting syndicates assembled in recent years. The listing, internally codenamed Project Apex, is expected to be among the most closely watched stock market debuts on Wall Street. The public offering, expected in June, is estimated to value the rocket company controlled by founder and CEO Elon Musk at $1.75 trillion. Morgan Stanley, Goldman Sachs, JPMorgan Chase, Bank of America and Citigroup are serving as active bookrunners, or the lead banks managing the deal, the people said, asking not to be identified because the process is not public. A further 16 banks have signed on in smaller roles, they added. About half of the banks' names have not previously been reported. The size of the syndicate underscores the scale and complexity of the planned offering. Banks in addition to the bookrunners include: * Allen & Co * Barclays * Brazil's BTG Pactual * Deutsche Bank * The Netherlands' ING Groep * Macquarie * Mizuho * Needham & Co * Raymond James * Royal Bank of Canada * Societe Generale * Banco Santander * Stifel * UBS * Wells Fargo * William Blair The banks are expected to take on roles in institutional, high-net-worth and retail investor channels as well as in different geographic regions, Reuters previously reported. The plan is subject to change and additional banks could still be added, the sources said. Texas-based SpaceX did not immediately respond to a request for comment. Bank of America, Barclays, Deutsche Bank, Goldman Sachs, JPMorgan, Mizuho, Santander and Wells Fargo declined to comment. The other banks did not immediately respond to requests for comment. Large IPO syndicates have become more common for mega deals in recent years. Chip designer ARM Holdings worked with close to 30 banks on its 2023 listing, while Alibaba Group assembled a similarly large group of underwriters for its record-breaking 2014 debut. (Reporting by Echo Wang in New York; Editing by Dawn Kopecki and Cynthia Osterman)
Spacex Lines Up 21 Banks For Mega Ipo, Code-named Project Apex - Reuters By Investing.com
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks. Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed. Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website. It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website. Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
Exclusive: SpaceX lines up 21 banks for mega IPO, code-named project Apex
March 31 - SpaceX is working with at least 21 banks on its blockbuster initial public offering, people familiar with the matter said on Tuesday, one of the largest underwriting syndicates assembled in recent years. The listing, internally codenamed Project Apex, is expected to be among the most closely watched stock market debuts on Wall Street. The public offering, expected in June, is estimated to value the rocket company controlled by founder and CEO Elon Musk at $1.75 trillion. Morgan Stanley (MS.N), opens new tab, Goldman Sachs (GS.N), opens new tab, JPMorgan Chase (JPM.N), opens new tab, Bank of America (BAC.N), opens new tab and Citigroup (C.N), opens new tab are serving as active bookrunners, or the lead banks managing the deal, the people said, asking not to be identified because the process is not public. A further 16 banks have signed on in smaller roles, they added. About half of the banks' names have not previously been reported. The size of the syndicate underscores the scale and complexity of the planned offering. Banks in addition to the bookrunners include: The banks are expected to take on roles in institutional, high-net-worth and retail investor channels as well as in different geographic regions, Reuters previously reported. The plan is subject to change and additional banks could still be added, the sources said. Texas-based SpaceX did not immediately respond to a request for comment. Bank of America, Barclays, Deutsche Bank, Goldman Sachs, JPMorgan, Mizuho, Santander and Wells Fargo declined to comment. The other banks did not immediately respond to requests for comment. Large IPO syndicates have become more common for mega deals in recent years. Chip designer ARM Holdings (O9Ty.F), opens new tab worked with close to 30 banks on its 2023 listing, while Alibaba Group (9988.HK), opens new tab assembled a similarly large group of underwriters for its record-breaking 2014 debut. Reporting by Echo Wang in New York; Editing by Dawn Kopecki and Cynthia Osterman Our Standards: The Thomson Reuters Trust Principles., opens new tab * Suggested Topics: * Funds Echo Wang Thomson Reuters Echo Wang is a correspondent at Reuters covering U.S. equity capital markets, and the intersection of Chinese business in the U.S, breaking news from U.S. crackdown on TikTok and Grindr, to restrictions Chinese companies face in listing in New York. She was the Reuters' Reporter of the Year in 2020.
Train delays cause traffic chaos on Bayshore Road in North Fort Myers
Businesses along Bayshore Road typically receive deliveries from Seminole Gulf Railway about twice a week, but residents are now noticing an increase in traffic delays, including dead stop traffic this morning after a train halted in the middle of the tracks.The Florida Highway Patrol reported that both eastbound and westbound lanes on Bayshore Road were closed due to the stopped train. Wendy Heckler, a resident of North Fort Myers, shared her experience."My first big issue was this morning when I was heading out, and the traffic was really backed up, and it's been backed up anyway from the 31 bridge being rerouted with the dump trucks. But it was bad. And then I looked down. I saw that it was the train. So that's been my first really bad experience with it," Heckler said.People working in the area have reported accidents due to the train stopping, and with rail cars blocking the roads, it also means blocking first responders."Well, yeah, there was a fire truck. He wasn't in route or anything, but there was a fire truck coming in. And as I turned to go on the interstate, I heard kind of their horn going. And so I don't think anything happened, but it obviously was about to," Heckler said.Residents in neighborhoods right off Bayshore describe the train as a "nuisance," and one commuter took a video of the situation last Thursday. Heckler mentioned that she was further back from the tracks to hop on the interstate, but noted that some were not so lucky."But the people trying to go down there, they were. They were definitely stuck and stopped," Heckler said.One business reported that only two rail cars are supposed to deliver each week, but the train is pulling more rail cars, causing the obvious delays. Seminole Gulf Railway has been contacted for answers, but at this time, we have not received a response.DOWNLOAD the free Gulf Coast News app for your latest news and alerts on breaking news, weather, sports, entertainment, and more on your phone or tablet. And check out the Very Local Gulf Coast app to stream news, entertainment and original programming on your TV. Businesses along Bayshore Road typically receive deliveries from Seminole Gulf Railway about twice a week, but residents are now noticing an increase in traffic delays, including dead stop traffic this morning after a train halted in the middle of the tracks. The Florida Highway Patrol reported that both eastbound and westbound lanes on Bayshore Road were closed due to the stopped train. Wendy Heckler, a resident of North Fort Myers, shared her experience. "My first big issue was this morning when I was heading out, and the traffic was really backed up, and it's been backed up anyway from the 31 bridge being rerouted with the dump trucks. But it was bad. And then I looked down. I saw that it was the train. So that's been my first really bad experience with it," Heckler said. People working in the area have reported accidents due to the train stopping, and with rail cars blocking the roads, it also means blocking first responders. "Well, yeah, there was a fire truck. He wasn't in route or anything, but there was a fire truck coming in. And as I turned to go on the interstate, I heard kind of their horn going. And so I don't think anything happened, but it obviously was about to," Heckler said. Residents in neighborhoods right off Bayshore describe the train as a "nuisance," and one commuter took a video of the situation last Thursday. Heckler mentioned that she was further back from the tracks to hop on the interstate, but noted that some were not so lucky. "But the people trying to go down there, they were. They were definitely stuck and stopped," Heckler said. One business reported that only two rail cars are supposed to deliver each week, but the train is pulling more rail cars, causing the obvious delays. Seminole Gulf Railway has been contacted for answers, but at this time, we have not received a response. DOWNLOAD the free Gulf Coast News app for your latest news and alerts on breaking news, weather, sports, entertainment, and more on your phone or tablet. And check out the Very Local Gulf Coast app to stream news, entertainment and original programming on your TV.
Anthropic Is Having A Month
BERITAJA is a International-focused news website dedicated to reporting current events and trending stories from across the country. We publish news coverage on local and national issues, politics, business, technology, and community developments. Content is curated and edited to ensure clarity and relevance for our readers. Anthropic has built its nationalist personality about the winning thought that it's the observant AI company. It publishes elaborate investigation connected AI risk, employs immoderate of the champion researchers successful the field, and has been vocal about the responsibilities that travel pinch building specified powerful exertion -- truthful vocal, of course, that it's correct now battling it out pinch the Department of Defense. On Tuesday, alas, personification location forgot to cheque a box. It is, notably, the 2nd clip successful a week. Last Thursday, Fortune reported that Anthropic had accidentally made about 3,000 soul files publically available, including a draught blog station describing a powerful caller exemplary the institution had not yet announced. Here's what happened connected Tuesday: When Anthropic pushed retired type 2.1.88 of its Claude Code package package, it accidentally included a record that exposed about 2,000 root codification files and much than 512,000 lines of codification -- fundamentally the afloat architectural blueprint for 1 of its about important products. A information interrogator named Chaofan Shou noticed almost instantly and posted about it connected X. Anthropic's connection to aggregate outlets was nonchalant arsenic these things go: "This was a merchandise packaging rumor caused by quality error, not a information breach." (Internally, we'd conjecture things were little measured.) Claude Code isn't a insignificant product. It's a command-line instrumentality that lets developers usage Anthropic's AI to constitute and edit codification and has go formidable capable to unsettle rivals. According to the WSJ, OpenAI pulled the plug connected its video procreation merchandise Sora conscionable six months aft launching it to the nationalist to refocus its efforts connected developers and enterprises -- partially successful consequence to Claude Code's increasing momentum. What leaked was not the AI exemplary itself but the package scaffolding about it -- the instructions that show the exemplary really to behave, what devices to use, and wherever its limits are. Developers began publishing elaborate analyses almost immediately, pinch 1 describing the merchandise arsenic "a production-grade developer experience, not conscionable a wrapper about an API." Whether this turns retired to matter successful immoderate lasting measurement is simply a mobility champion near to developers. Competitors whitethorn find the architecture instructive; astatine the aforesaid time, the section moves fast. Either way, location astatine Anthropic, you could ideate that 1 very talented technologist has spent the remainder of the time softly wondering if they still person a job. One could only dream it's not the aforesaid engineer, aliases engineering team, from precocious past week.
Anthropic accidentally leaked their entire AI source code
Anthropic accidentally leaked their entire source code yesterday. What happened next is one of the most insane stories in tech history. > Anthropic pushed a software update for Claude Code at 4AM. > A debugging file was accidentally bundled inside it. > That file contained 512,000 lines of their proprietary source code. > A researcher named Chaofan Shou spotted it within minutes and posted the download link on X. > 21 million people have seen the thread. > The entire codebase was downloaded, copied and mirrored across GitHub before Anthropic's team had even woken up. > Anthropic pulled the package and started firing DMCA takedowns at every repo hosting it. > That's when a Korean developer named Sigrid Jin woke up at 4AM to his phone blowing up. > He is the most active Claude Code user in the world with the Wall Street Journal reporting he personally used 25 billion tokens last year. > His girlfriend was worried he'd get sued just for having the code on his machine. > So he did what any engineer would do. > He rewrote the entire thing in Python from scratch before sunrise. > Called it claw-code and Pushed it to GitHub. > A Python rewrite is a new creative work. DMCA can't touch it. > The repo hit 30,000 stars faster than any repository in GitHub history. > He wasn't satisfied. He started rewriting it again in Rust. > It now has 49,000 stars and 56,000 forks. > Someone mirrored the original to a decentralised platform with one message, "will never be taken down." > The code is now permanent. Anthropic cannot get it back. Anthropic built a system called Undercover Mode specifically to stop Claude from leaking internal secrets. Then they leaked their own source code themselves. You cannot make this up.
Claude Code Leak Exposes Anthropic's Agentic Harness in Packaging Error
The claude code leak revealed Anthropic's internal Claude Code source files when a release was pushed to the public npm registry, and the company confirmed the exposure by 4: 23 am ET. Anthropic says the incident was a release packaging error caused by human error and that no customer credentials were exposed. The disclosure has left engineers and security researchers parsing roughly 500, 000 lines of code to measure competitive and operational risk. What leaked and how it happened The released package included a large JavaScript source map file intended for internal debugging, which was included in a live package on the public registry. The artifact amounted to a roughly 59. 8 MB source map and a TypeScript codebase totaling roughly 512, 000 lines across approximately 1, 900 files, producing a fast mirror and widespread developer access within hours. The event unfolded after the package version was pushed live; a developer intern publicly flagged the availability, and mirrors began appearing on public code hosting platforms. The disclosed files primarily covered the software harness around the underlying model -- the agentic components that instruct the system how to use tools, manage long-running sessions, and enforce guardrails. That harness, not the model weights themselves, appears responsible for many of Claude Code's enterprise features and guardrail behaviors. The exposure makes it possible for technically skilled observers to examine memory architecture, feature flags, and agent behavior patterns that had been internal to the product. Claude Code Leak: immediate reactions An Anthropic spokesperson said, "No sensitive customer data or credentials were involved or exposed. This was a release packaging issue caused by human error, not a security breach. We're rolling out measures to prevent this from happening again. " Chaofan Shou, an intern at Solayer Labs, broadcasted the discovery publicly by 4: 23 am ET, triggering rapid redistribution of the archive among developers. Roy Paz, senior AI security researcher at LayerX Security, characterized elements of the leak as revealing a forthcoming internal model tier and suggested the files point to a possible fast and slow family of upcoming models. Security professionals reviewing the artifact noted that while the model weights were not exposed, the code offers insight that competitors or open-source projects could use to replicate or reimplement the agentic harness behaviors. Technical takeaways and immediate risks Developers who analyzed the files pointed to a three-layer memory architecture and a strict discipline for writes and retrievals. The leaked codebase contains a lightweight index file used to surface pointers into larger topic files, a design described as preventing full transcripts from being reinserted into context and reducing context entropy in long-running sessions. The code also mentions a feature flag named KAIROS, a background autonomous mode referenced repeatedly in the files, and shows mechanisms intended to make the agent verify memory hints against persistent project data before acting. The packaging error appears to have originated from a release process that published original source artifacts instead of a compiled runtime bundle. Company statements attribute the mistake to human error in the release pipeline and describe immediate steps to tighten safeguards on packaging and publishing workflows. What's next Expect Anthropic to roll out tightened release controls and targeted audits of distributed packages as the first remediation steps, while enterprise customers will likely seek written assurances about credential and data safety. Independent developers and rival teams will continue analyzing the leaked materials, and legal and IP reviews may follow if redistribution or reuse emerges at scale. Observers should watch for formal remediation timelines from Anthropic and any regulatory or contractual disclosures tied to the incident, and the claude code leak will be central to those updates as engineers trace what the disclosure means for product parity and competitive strategy. Timestamp: 4: 23 am ET.
Anthropic is having a month | TechCrunch
Anthropic has built its public identity around the winning idea that it's the careful AI company. It publishes detailed research on AI risk, employs some of the best researchers in the field, and has been vocal about the responsibilities that come with building such powerful technology -- so vocal, of course, that it's right now battling it out with the Department of Defense. On Tuesday, alas, someone there forgot to check a box. It is, notably, the second time in a week. Days earlier, Fortune reported that Anthropic had accidentally made nearly 3,000 internal files publicly available, including a draft blog post describing a powerful new model the company had not yet announced. Here's what happened on Tuesday: When Anthropic pushed out version 2.1.88 of its Claude Code software package, it accidentally included a file that exposed nearly 2,000 source code files and more than 512,000 lines of code -- essentially the full architectural blueprint for one of its most important products. A security researcher named Chaofan Shou noticed almost immediately and posted about it on X. Anthropic's statement to multiple outlets was nonchalant as these things go: "This was a release packaging issue caused by human error, not a security breach." (Internally, we'd guess things were less measured.) Claude Code isn't a minor product. It's a command-line tool that lets developers use Anthropic's AI to write and edit code and has become formidable enough to unsettle rivals. According to the WSJ, OpenAI pulled the plug on its video generation product Sora just six months after launching it to the public to refocus its efforts on developers and enterprises -- partly in response to Claude Code's growing momentum. What leaked was not the AI model itself but the software scaffolding around it -- the instructions that tell the model how to behave, what tools to use, and where its limits are. Developers began publishing detailed analyses almost immediately, with one describing the product as "a production-grade developer experience, not just a wrapper around an API." Whether this turns out to matter in any lasting way is a question best left to developers. Competitors may find the architecture instructive; at the same time, the field moves fast. Either way, somewhere at Anthropic, you can imagine that one very talented engineer has spent the rest of the day quietly wondering if they still have a job. One can only hope it's not the same engineer, or engineering team, from earlier this week.
Anthropic tests new Claude Code desktop UI amid source leak
Anthropic appears to be working on a new mode for Claude Code called Epitaxy. It still seems to be in development, and at this stage, it looks like an alternative interface for Claude Code Desktop rather than a clearly separate product. The interface appears to introduce a broader set of hotkeys for the model selector, skill selector, and other tools, which could make Claude Code Desktop more efficient for power users. There is also a playful animation featuring the Claude mascot at the top of the screen launching fireballs downward, triggering a burning effect with the phrase "Let Claude cook." What remains unclear is whether Epitaxy is intended to be a serious product direction, an April 1 experiment, or something else entirely. For now, there is no clear explanation for what it is supposed to become, so the only realistic conclusion is that we will need to wait for Anthropic to reveal more. Notably, this surfaced alongside the recent leak of Claude Code source code. That leak also exposed a number of internal model names, including Capybara, which had previously been spotted in another leaked blog post, as well as Strudel and several other currently hidden variants. The incident has fueled broader speculation around Anthropic's internal roadmap. Anthropic has acknowledged the leak, while stating that it was not a security breach but rather a misconfiguration that exposed a source map file through the NPM registry. As a result, users now have a substantial amount of "Claude" material to inspect, research, and experiment with. Some have already gone as far as forking Claude Code into other languages. It will be worth watching how both the Epitaxy interface and the fallout from the source leak develop from here.
Anthropic accidentally leaks Claude Code - IT Security News
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