News & Updates
The latest news and updates from companies in the WLTH portfolio.
M1 chaos after overturned lorry shuts key link road near Leicester
Register for free to receive latest news stories direct to your inbox Drivers are facing delays of up to two hours on the M1 motorway southbound in Leicestershire after a collision involving an overturned HGV. The incident has shut the link road from the M1 southbound to the M69 motorway at junction 21A, adding to congestion between junction 22 at Markfield and junction 21 for Leicester. The lorry has overturned and is lying on its side, with specialist recovery teams on site working to clear the scene. Traffic is backing up along the main carriageway, with drivers warned to expect significant disruption. National Highways says Motorists are being advised to allow extra journey time, consider alternative routes or delay travel while recovery continues.
Judge Blocks Pentagon Move to Blacklist Anthropic, Calls It 'Illegal Retaliation' - OnMSFT
A federal judge has temporarily stopped the Pentagon and the Trump administration from blacklisting Anthropic, giving the AI company a key legal win as tensions rise over how its technology should be used in defense operations. The ruling blocks a directive that labeled Anthropic as a "supply chain risk" and ordered federal agencies to cut ties with its Claude models. The Wall Street Journal reported details of the ruling, highlighting how the court pushed back against the government's actions and questioned the legal basis behind them. Judge Calls Out Government Action Judge Rita F. Lin of the Northern District of California ruled in favor of Anthropic, stating that the Defense Department's move appeared retaliatory and violated free speech protections. She also ordered the administration to reverse its designation and halt the phase-out of Anthropic's tools across federal agencies. "It looks like an attempt to cripple Anthropic. The government's approach reflects classic illegal First Amendment retaliation, with no statutory basis for branding a U.S. company as a threat for expressing disagreement," said Judge Rita F. Lin. Lin's use of "illegal First Amendment retaliation" signals how seriously the court views the case, especially since the "supply chain risk" label usually applies to foreign threats, not domestic companies. Dispute Over Military AI Use The conflict began after Anthropic walked away from a $200 million Pentagon contract, where the company pushed for strict limits on how its AI models could be used. It refused to allow deployment in fully autonomous weapons or large-scale surveillance systems, which triggered a strong response from defense officials. Secretary of Defense Pete Hegseth labeled Anthropic a risk to national security, while President Trump escalated the situation by calling the company "radical left" and ordering agencies to stop using its tools. Soon after, Anthropic filed a lawsuit, arguing that the government acted in a punitive and retaliatory manner. The injunction gives Anthropic time to continue operations while the legal process unfolds, but the administration has seven days to appeal the decision. The broader case will now decide whether the government can impose such restrictions on private AI companies over policy disagreements. At the same time, competitors have moved quickly, with OpenAI securing a new Pentagon contract shortly after Anthropic stepped back. Still, Anthropic remains involved in defense-linked systems through partners, which keeps it relevant even as the legal battle continues.
Airport Chaos and Celebrity Travel Fears: Donald Trump Floats National Guard Deployment Amid Security Crisis
Air travel in the U.S. is becoming less about catching flights and more about navigating uncertainty, as a government shutdown spills into airport security lines and potential military involvement. President Donald Trump has suggested he may deploy the National Guard to assist at airports, escalating a situation that has already seen Immigration and Customs Enforcement (ICE) agents brought in to support overwhelmed and unpaid Transportation Security Administration (TSA) staff.
Kansas City Fed Pressed For Kraken Account Approval Terms - Law360
What does job satisfaction mean to you? Click here to take the Law360 survey By Aislinn Keely ( March 27, 2026, 8:40 PM EDT) -- The ranking member of the House Financial Services Committee asked the Federal Reserve Bank of Kansas City to share more information about its decision to grant crypto firm Kraken Financial access to Fed payment rails, including what limits it imposed on the new type of tailored master account....
AI Daily: Cybersecurity stocks sink after Anthropic model leak
Catch up on the top artificial intelligence news and commentary by Wall Street analysts on publicly traded companies in the space with this daily recap compiled by The Fly. NEW ANTHROPIC MODEL: Cybersecurity stocks are moving lower after Fortune reported that Anthropic inadvertently revealed details of an upcoming model release "in what appears to be a significant security lapse." A draft blog from Anthropic showed it is testing a new AI model that has powerful cyber capabilities, Beatrice Nolan of Fortune reports. A spokesperson from Anthropic confirmed to the website that it is training and testing a new model. Shares of CrowdStrike (CWRD), Palo Alto Networks (PANW), Cloudflare (NET), Zscaler (ZS), and Okta (OKTA) traded lower following the news. Stephens attributed this morning's broad weakness in cybersecurity stocks to news around leaked information regarding a new Anthropic foundation model called "Mythos" and headlines referencing more powerful cyber capabilities. However, based on the firm's review of the reporting and a leaked Anthropic blog, it believes the market is "misinterpreting the news" and contends that the "cyber capabilities" being described relate to the model's potential use in launching cyberattacks, not replacing cybersecurity solutions. The firm, which thinks this leak reinforces the view that AI is "a cyber threat accelerant" that increases the importance of cybersecurity, views today's weakness as a buying opportunity for the sector. Wells Fargo also viewed the selloff in cybersecurity stocks on Anthropic's leaked Claude Mythos details "as another clear misfire by the market." The firm recommended buying network security names Palo Alto Networks and Zscaler, calling them "large AI beneficiaries with minimal disruption risk." Anthropic highlighted the cyber risk Mythos and upcoming models pose, which "actually underscores the AI opportunity for vendors," Wells told investors in a research note. The firm also views CrowdStrike as well positioned. GOING PUBLIC: Anthropic executives have discussed an IPO as soon as Q4, and bankers vying to take the company public expect it to raise more than $60B, The Information's Valida Pau and Sri Muppidi report. DOD SUIT: A U.S. judge has granted Anthropic's request for a preliminary injunction in its suit against the Trump administration over the DOD's decision to blacklist the company, CNBC's Ashley Capoot and Jeffrey Kopp report. Anthropic sued the administration to try to reverse the Defense Department's decision to blacklist the company after contract talks fell apart. Judge Rita Lin questioned the U.S. government about the "attempt to cripple" the AI startup in a hearing on Tuesday. REVENUE FROM ADS: OpenAI has surpassed $100M in annualized revenue from ChatGPT ads, has expanded to more than 600 advertisers, and plans to launch self-serve advertiser access in April, The Information's Stephanie Palazzolo reports. REALITY LABS: Meta's (META) Reality Labs is reorganizing employees into AI-native "pods" focused on specific outcomes, as part of a shift toward a flatter organization, Business Insider's Charles Rollet reports. A leaked memo describes an overhaul of roles, titles, and team structures across a 1,000-employee team within Meta's Reality Labs, adding that it is part of a broader, aggressive push by Meta to adopt small teams and use AI.
Google near deal to back data center leased to Anthropic, FT reports
Google (GOOGL) plans to offer financial support, including offering construction loans for Nexus Data Centers, the operator behind a multibillion-dollar data center project in Texas that is leased to Anthropic, people familiar with the matter told Financial Times' Michelle Chan, Stephen Morris and Martha Muir. Support from Google parent Alphabet (GOOG) should allow the project to raise the financing at a lower cost than financing that was being readied by a consortium of banks competing to provide financing, the report stated.
Could the $1.5T SpaceX IPO Mark the "Top of the Tech Market?" One Analyst Says Yes
The upcoming trillion-dollar-plus SpaceX IPO could be a signal that the "top of the tech" market has finally been reached, according to a leading analyst. Claim 30% Off TipRanks Premium * Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions * Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential Record-Breaking IPO Elon Musk's rocket and satellite developer is set for a record-breaking IPO in the U.S., which could see it sell $75 billion worth of shares for a total valuation of $1.5 trillion. Analyst Russ Mould - investment director at AJ Bell - said the IPO comes at a good time for the U.S. tech and AI sector given a rather lackluster start to 2026. The Magnificent Seven have all lagged the S&P 500 index this year so Mould said that "bulls of AI and US stocks more generally will be hoping for a starry showing from the SpaceX deal, if and when it comes." He added: "It will be an interesting test of market sentiment." Tech High Point Indeed, he wondered whether the float could be the long-feared or long-awaited high point of the tech/AI bubble. "With rival AI developers Anthropic and OpenAI thought to be considering a stock market flotation as well, also with valuations in excess of $1 trillion, early-stage backers and potential new shareholders will be hoping for a fast start to life as a public company. Sceptics will wonder whether the SpaceX float, with plenty more to maybe follow, will prove to be a classic sign of a market top," he said. He added that to date there have been no blockbuster IPOs during the AI boom. "This is why these deals could be a key test of sentiment for the tech sector and US equities more generally, especially given their supposed price tags and their first-mover status as innovators." What Other IPOs are on the Way? Let's look at what other IPOs could be on the way with our TipRanks IPO calendar.
'Tesla and SpaceX Could Merge in 2027,' Says Dan Ives
EV maker Tesla (TSLA) and aerospace firm SpaceX could merge as soon as 2027, according to five-star Wedbush analyst Dan Ives, who says the idea is no longer far-fetched but increasingly logical. In his latest note, Ives argues that the two companies are already becoming more connected through shared AI ambitions and operational overlap. In fact, Tesla now indirectly owns a small stake in SpaceX after its $2 billion investment in xAI was converted into SpaceX shares following SpaceX's acquisition of the AI startup. Claim 30% Off TipRanks Premium * Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions * Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential At the same time, the ties between the two companies are becoming more concrete. Earlier this year, regulatory filings officially linked Tesla and SpaceX financially, and more recently, both companies announced a joint "Terafab" facility in Austin. This project includes two advanced chip factories: * One is focused on Tesla's AI needs for vehicles and Optimus robots * The other is for space-based data centers According to Ives, this is the "first step" toward full integration. Moreover, SpaceX's expected IPO, which could value the company at around $1.75 trillion, would provide major funding for projects like Starship and orbital AI infrastructure. Indeed, as demand for AI continues to surge, traditional data centers are expected to face limits due to energy and land constraints. Therefore, SpaceX plans to launch solar-powered satellites that act as data centers in space. What Is the Prediction for TSLA Stock? Turning to Wall Street, analysts have a Hold consensus rating on TSLA stock based on 13 Buys, 11 Holds, and seven Sells assigned in the past three months, as indicated by the graphic below. Furthermore, the average TSLA price target of $399.33 per share implies 10.9% upside potential.
BWI, DCA, CHO, IAD Ground Stop: Washington DC-Area Airport Halt Operations Amid TSA Chaos
The Federal Aviation Administration issued a ground stop affecting several major Washington, DC-area airports, including Washington Dulles International Airport (IAD), Baltimore-Washington International Airport (BWI), and Ronald Reagan Washington National Airport (DCA). Ground stops were also imposed on Charlottesville-Albemarle Airport (CHO) and Richmond-area flights.
Fund With Anthropic Stake Extends Drop in Stunning IPO Reversal | Stock Market News
(Bloomberg) -- Shares of the Fundrise Innovation Fund fell sharply for a second straight day Friday, though remain well above the underlying value of its holdings in private tech firms including the potentially IPO-bound SpaceX and Anthropic PBC. The closed-end fund sank 34% to $173 in New York, extending the prior day's 31% slump. The pullback capped a wild week of trading since shares listed on the New York Stock Exchange on March 19. Gains in each of its first five sessions saw the stock price explode to as high as $575 on Wednesday, or about 3,000% above its estimated net asset value per share of $18.97. The past two days' reversal, which coincided with a short call from Citron Research, was almost as spectacular. Read: Fund With Stakes in Anthropic, SpaceX Plunges After Short Report A representative for Fundrise didn't immediately respond to a request for comment. Yet with a current market value of slightly more than $6 billion versus net assets in the fund of $679 million, investors are still paying up for the shares at prices equivalent to more than nine times the combined value of its private company holdings based on their last funding rounds. This hefty and some say unsustainable premium is not solely due to a rush by small investors to get a slice of the hottest private tech companies. It also reflects a trading squeeze created by provisions that restrict most of Fundrise Innovation's 100,000-plus investors from selling in the first six months after the listing are another factor. The fund is just one of a proliferating number of public investment options for investors that want to secure a liquid exposure to companies such as SpaceX, Anthropic PBC, OpenAI and Anduril. SpaceX is readying to file for a potential $75 billion initial public offering in the coming days, Anthropic is eyeing a potential debut raising as much as $60 billion as soon as October and OpenAI is also mulling a plan to list as early as this year, Bloomberg and other media outlets have reported. Challenge for Small Investors Getting stakes in these private companies well before they go public or stay private for longer has long been a challenge for small investors given their funding rounds are typically confined to large investment firms able to write big checks or that require access to special purpose vehicles. Alongside Fundrise Innovation's gains earlier in the week, investors pushed up the share prices of other closed-end funds styling themselves as publicly listed venture capital funds. After trading below its $25 IPO price for most of the time since its early March IPO, Robinhood Ventures Fund I jumped to a high of $35 on Wednesday before easing back to $28.61 Friday. Though less extreme than Fundrise Innovation, Destiny Tech100 Inc., a venture-focused closed-end fund whose largest holding is in SpaceX, sparked a frenzy of its own when it debuted in 2024. Its shares now trade at $28.03, down nearly three quarters from their peak. "Trading at a massive premium and then seeing the premium quickly collapse is not unique to Fundrise Innovation, as we saw the same pattern occur with Destiny Tech100," said Jack Shannon, equity strategies principal at Morningstar Inc. Fundrise Innovation holds 20.7% of its assets in shares of Anthropic PBC and 5% in SpaceX, and also has holdings in Databricks, OpenAI, Anduril and Ramp. "Investors need to understand the holdings, the stated value of those holdings, and whether the market value of the vehicle remains grounded in that reality," said Mark Klein, the chief executive of Suro Capital Corp., a business development company with investments in OpenAI.
Elon Musk to Allocate Up to 30% of SpaceX IPO Shares to Retail Investors | Sada Elbalad
Elon Musk is preparing to shake up Wall Street once again, as the billionaire entrepreneur plans to allocate as much as 30% of the highly anticipated SpaceX initial public offering (IPO) to retail investors, a move that sharply diverges from the traditional IPO playbook, which typically reserves only 5-10% of shares for individual buyers. The SpaceX IPO, potentially the largest in history, could value the rocket and satellite company at $1.5 trillion, following its February acquisition of Musk's other venture, X.AI, in an all-stock deal. The merger combined SpaceX, valued at $1 trillion, with X.AI at $250 billion, creating a private entity worth $1.25 trillion. Industry insiders tell Reuters that Musk's goal is to encourage long-term ownership among retail investors, rather than allow institutional traders to flip shares for short-term gains. "This is about fostering lasting engagement," said a source familiar with the plan. "It's a bold departure from standard Wall Street allocations." The IPO is structured to leverage each bank's regional strengths. Bank of America will oversee U.S. retail distribution, while Morgan Stanley handles smaller orders via its E*TRADE platform. UBS targets high-net-worth international clients, and Citi coordinates broader institutional and retail sales abroad, including Canada, Europe, and Asia. Market analysts say the IPO could serve as a key barometer for technology and artificial intelligence stocks. "Investors are questioning whether valuations in this sector are inflated," said Ross Mold, investment director at AG Bell. "SpaceX's IPO will be a major test of market sentiment." Reports suggest the company may raise up to $75 billion, placing SpaceX among the world's top ten public companies and surpassing Tesla in market capitalization. Observers are closely watching whether the IPO will spark a surge reminiscent of NVIDIA's stock performance, or mark a turning point in tech market dynamics. Dan Kotsworth, head of markets at AG Bell, likened the market anticipation to "holding your breath in a control room seconds before a rocket launch," underscoring the intense investor focus on the upcoming IPO. With its combination of unprecedented scale and Musk's enormous public profile, the SpaceX IPO promises to be not just a financial event, but a cultural moment, potentially reshaping how individual investors participate in the next frontier of technology.
Fuel panic in city eases by evening after 3 days of chaos
Prayagraj: The fear of an impending fuel shortage forced Sangam city residents to queue up at petrol pumps since early morning for the third consecutive day on Friday despite repeated assurances from the district administration and oil companies.However, by evening, most fuel stations reported normal footfall. At Elgin Road pump station, the owner said that there was a rush of fuel seekers till 4 pm. "But now the situation is normal and people are getting fuel easily," he said. Earlier in the day, police were deployed at several outlets, with barricades set up to manage crowds. The rush, many said, was triggered by 'no stock' boards at petrol pumps and images of serpentine queues on social media. Businessman, Rajul Bhargava of Lukerganj, said: "There are long queues at all fuel pumps assuming petrol and diesel stock is getting over. 'No stock' boards at some fuel pumps at Civil Lines further created panic. Authorities should ration fuel instead of allowing full tanks." At multiple locations, customers were spotted carrying cans and bottles to stock fuel for generators and other uses, intensifying pressure on supply. A private bank employee, AK Dwivedi, said: "I came during lunch break but got stuck. With the financial year ending, I can't afford to stay out of office for long. But the unwanted rush made me think petrol might run out so I had to stand in queue." Youngsters and students, too, were caught in the chaos. A student, Harsh, said: "We have to wait at least an hour to refill my bike's fuel tank. Petrol is essential for all deliveries and trading. Administration must initiate concrete steps to end such mess." "The rumours on social media made people rush towards fuel tanks. Local administration and police must take preventive measures to clear the mess," said Sushma. A consumer said since pumps at Civil lines, Thornhill Road were too crowded, Rana Pratap Marg had no fuel, so he had to go to the old city to get fuel. "Things would be worse if administration failed to curb these serpentine queues," he added. The panic buying also hit local transport. Commuters faced long waits and surge in fares on ride-hailing platforms. Many said local tempo and auto drivers are asking for more fare since it became difficult over the past three days, with drivers either cancelling trips or demanding higher fares. While auto drivers said the situation was linked to availability of petrol or diesel, fuel station owners said panic buying has led to worsening the problem. The situation will be more difficult for daily commuters, including office goers, once the offices open on Monday. Meanwhile, there seems to be no end to easing chaos at LPG booking centers or distributors offices as customers, who made their prior bookings for gas, failed to get the cylinders in the stipulated time. Armed with challan and receipts, the majority of them were waiting for hours to get deliveries.
Fund With Anthropic Stake Extends Drop in Stunning IPO Reversal
Shares of the Fundrise Innovation Fund fell sharply for a second straight day Friday, though remain well above the underlying value of its holdings in private tech firms including the potentially IPO-bound SpaceX and Anthropic PBC. The closed-end fund sank 34% to $173 in New York, extending the prior day's 31% slump. The pullback capped a wild week of trading since shares listed on the New York Stock Exchange on March 19. Gains in each of its first five sessions saw the stock price explode to as high as $575 on Wednesday, or about 3,000% above its estimated net asset value per share of $18.97. The past two days' reversal, which coincided with a short call from Citron Research, was almost as spectacular. Read: Fund With Stakes in Anthropic, SpaceX Plunges After Short Report A representative for Fundrise didn't immediately respond to a request for comment. Yet with a current market value of slightly more than $6 billion versus net assets in the fund of $679 million, investors are still paying up for the shares at prices equivalent to more than nine times the combined value of its private company holdings based on their last funding rounds. This hefty and some say unsustainable premium is not solely due to a rush by small investors to get a slice of the hottest private tech companies. It also reflects a trading squeeze created by provisions that restrict most of Fundrise Innovation's 100,000-plus investors from selling in the first six months after the listing are another factor. The fund is just one of a proliferating number of public investment options for investors that want to secure a liquid exposure to companies such as SpaceX, Anthropic PBC, OpenAI and Anduril. SpaceX is readying to file for a potential $75 billion initial public offering in the coming days, Anthropic is eyeing a potential debut raising as much as $60 billion as soon as October and OpenAI is also mulling a plan to list as early as this year, Bloomberg and other media outlets have reported. Challenge for Small Investors Getting stakes in these private companies well before they go public or stay private for longer has long been a challenge for small investors given their funding rounds are typically confined to large investment firms able to write big checks or that require access to special purpose vehicles. Alongside Fundrise Innovation's gains earlier in the week, investors pushed up the share prices of other closed-end funds styling themselves as publicly listed venture capital funds. After trading below its $25 IPO price for most of the time since its early March IPO, Robinhood Ventures Fund I jumped to a high of $35 on Wednesday before easing back to $28.61 Friday. Though less extreme than Fundrise Innovation, Destiny Tech100 Inc., a venture-focused closed-end fund whose largest holding is in SpaceX, sparked a frenzy of its own when it debuted in 2024. Its shares now trade at $28.03, down nearly three quarters from their peak. "Trading at a massive premium and then seeing the premium quickly collapse is not unique to Fundrise Innovation, as we saw the same pattern occur with Destiny Tech100," said Jack Shannon, equity strategies principal at Morningstar Inc. Fundrise Innovation holds 20.7% of its assets in shares of Anthropic PBC and 5% in SpaceX, and also has holdings in Databricks, OpenAI, Anduril and Ramp. "Investors need to understand the holdings, the stated value of those holdings, and whether the market value of the vehicle remains grounded in that reality," said Mark Klein, the chief executive of Suro Capital Corp., a business development company with investments in OpenAI.
Anthropic Adjusts Claude Usage Limits to Enhance Capacity Management
Anthropic, a prominent AI service provider, has implemented new usage limits for its Claude service to better manage demand and capacity. This adjustment, announced recently, particularly impacts customers using the free, Pro, and Max subscription tiers during peak hours. Details on Usage Limit Adjustments The time frame for peak demand has been defined as 5:00 AM to 11:00 AM PT or 1:00 PM to 7:00 PM GMT. During these hours, users may exhaust their five-hour session limits quicker than expected. Conversely, this usage window will allow for more productive sessions outside of peak hours. Understanding the New Limits * Weekly limits remain unchanged, but how they are allocated has shifted. * About 7% of users, particularly those on the Pro tier, may encounter session limits they wouldn't have faced previously. * Users running token-intensive tasks should consider scheduling them during off-peak hours to maximize efficiency. Thariq Shihipar, a technical team member at Anthropic, noted that the company's capacity expands during off-peak times, resulting in no net loss of usage limits. "Overall weekly limits stay the same; just how they're distributed across the week is changing," he explained. Subscription Tiers and Pricing Anthropic offers its AI services through two primary models: API and subscriptions. Subscription options include: * Free * Pro ($20/month) * Max 5x ($100/month) * Max 20x ($200/month) Differences in subscription plans translate to varying usage allowances, with paid plans providing higher limits. The exact metrics for calculating these limits, however, remain undisclosed to users. User Dashboard and Additional Fees Customers can track their progress toward their daily and weekly session limits via a user dashboard. If they exceed these limits, they risk being locked out from further usage unless they opt to pay for additional access. This approach aims to balance demand while sustaining service delivery levels. With these enhancements in Claude's usage management, developers are encouraged to optimize their workflows during less busy hours, ultimately increasing productivity.
Crusoe Unveils 900 MW AI Facility in Abilene, Boosting Microsoft Infrastructure
Crusoe has unveiled plans for a significant expansion of its AI factory campus in Abilene, Texas. The new facility, designed to support Microsoft's expansive AI infrastructure, will feature a capacity of 900 megawatts (MW). This development is part of a broader strategy to enhance large-scale AI workloads while ensuring grid resilience. Details of the New AI Facility The new campus will include two buildings and an on-site power plant, bringing the total capacity of Crusoe's Abilene site to 2.1 gigawatts (GW). Work has already commenced on land clearing and site preparation, with plans to energize the first building by mid-2027. Comments from Local Officials * Jodey Arrington, Chairman of the House Budget Committee, emphasized the strategic importance of West Texas, dubbing it the "Silicon Prairie for AI." * Weldon Hurt, Mayor of Abilene, highlighted the job creation potential and economic boost from the project. * Noelle Walsh, President of Cloud Operations & Innovation at Microsoft, affirmed the need for reliable infrastructure in response to growing AI demand. Infrastructure and Economic Benefits The new campus exemplifies Crusoe's commitment to providing gigascale AI infrastructure rapidly. Their previous projects have set industry benchmarks, with the initial phase completed in less than a year. The upcoming facility will incorporate several advanced features: * On-site energy infrastructure: The 900 MW plant will support operational reliability. * High-density computation: Each of the two buildings will handle 336 MW of critical IT load. * Efficient cooling: A closed-loop non-evaporative cooling system will enhance sustainability. This expansion is projected to create thousands of construction jobs and hundreds of permanent positions, amplifying Crusoe's role as an economic driver in the Abilene region. Future Prospects for the Abilene Community Crusoe's existing data center already accounts for a significant part of Abilene's property tax revenue. With the new expansion, the economic contributions are expected to increase further, benefiting local businesses and public services. As an industry leader, Crusoe aims to revolutionize AI infrastructure, positioning the U.S. as a leader in technological innovation.
Anthropic Mythos Leak Wipes Billions From Cyber Stocks Befor
A draft blog post left in a public database revealed Anthropic's unreleased Claude Mythos model, described as "far ahead of any other AI model in cyber capabilities." Cybersecurity stocks cratered within hours. CrowdStrike, Palo Alto, and Tenable all fell sharply. But Mythos has no release date, no pricing, and no independent benchmarks. The real story isn't the model. It's how a single document, written by the company selling the product On Thursday afternoon, a draft blog post sat in a publicly accessible database on Anthropic's website. Unsecured. Searchable. The digital equivalent of leaving your product launch plans on a park bench in downtown San Francisco. By Friday morning, cybersecurity stocks had shed billions in market value. CrowdStrike dropped roughly 6%. Palo Alto Networks, the same. Tenable cratered 9%, its shares hitting a 52-week low. The iShares Cybersecurity ETF lost 4.5%. Bitcoin slid from near $70,000 to $66,000, for reasons that require a generous reading of cause and effect. Nobody had used the model. Nobody had tested it against production defenses. Nobody outside a small early-access group had even logged into a demo. What moved the market was a document, a blueprint for a product that hasn't shipped, written by the company selling it, assessed by nobody outside those walls. The blueprint told a specific story. Anthropic's new model, called Claude Mythos, is "by far the most powerful AI model we've ever developed." It achieves "dramatically higher scores" than Claude Opus 4.6 on coding, reasoning, and cybersecurity benchmarks. And it is, according to Anthropic's own draft, "currently far ahead of any other AI model in cyber capabilities." That last claim torched the market. Not because anyone proved it true. Because nobody could prove it false. The breach was mundane. Anthropic's content management system defaults uploaded assets to public visibility unless someone manually flips a switch to private. Someone didn't. Fortune reporter Bea Nolan found the exposed material, and two independent cybersecurity researchers, Roy Paz of LayerX Security and Alexandre Pauwels of Cambridge, confirmed the scope: nearly 3,000 files sitting in an open data store. Draft blog posts, images, PDFs, internal corporate documents. Even one file titled with an employee's parental leave details. Anthropic blamed "human error" and locked the data store within hours of being contacted. Among the files were two versions of the same blog post announcing the model. One called it Mythos, the other Capybara. Both used identical language, down to the same subtitle: "We have finished training a new AI model: Claude Mythos." Anthropic later described the documents as "early drafts of content considered for publication," suggesting the company was still workshopping the name for a model it had already finished training. The draft outlined a cautious rollout. Early access for select customers focused on cybersecurity defense. No general release date. No pricing. The model is "very expensive for us to serve, and will be very expensive for our customers to use," the document conceded. Stifel analyst Adam Borg noted that Anthropic itself expects a lengthy path to general availability, given the compute costs. None of this stopped the market from reacting as if Mythos were already in production. Why would a company draft a launch post that leads with how dangerous its own product is? Because in the frontier AI business, danger is a feature. Not a bug. Not a liability. Every major lab has absorbed this lesson. Tell the world your model scores well on benchmarks, and the response is polite applause from a conference audience. Warn that it could break cybersecurity defenses, and the room changes. Investors lean forward. Reporters pick up the phone. Stock tickers move. Anthropic's draft runs a play that has hardened into industry practice. OpenAI set the template in February when it classified GPT-5.3-Codex as "high capability" for cybersecurity tasks, the first model to earn that designation under its Preparedness Framework. Anthropic matched the move weeks later with Opus 4.6, acknowledging it could surface previously unknown vulnerabilities in production code. Each safety disclosure functioned as a capabilities announcement dressed in responsibility. The Mythos draft pushes further. It doesn't just acknowledge risk. It positions cybersecurity prowess as the justification for a slow, exclusive rollout. Early access goes to organizations that can "improve the robustness of their codebases against the impending wave of AI-driven exploits." That framing turns limited availability into an act of caution. Scarcity becomes virtue. Premium pricing becomes protection. You've watched this playbook run in other industries, even if the vocabulary was different. Pharmaceutical companies don't launch drugs by leading with safety data. They lead with the seriousness of the condition, the potency of the treatment, and the discipline required to administer it. Oncologists don't prescribe aspirin. The gravity of the problem sells the product. Anthropic's cybersecurity warnings operate on the same logic. The model "presages an upcoming wave of models that can exploit vulnerabilities in ways that far outpace the efforts of defenders." Read that sentence carefully. It's not a warning to the public. It's a positioning statement for buyers. It tells CISOs and enterprise buyers alike that Mythos sits at the frontier of capability. If you want access to that frontier, you'll need Anthropic. And you'll pay accordingly. Fortune's exclusive landed on Thursday. Within hours, The Information reported that Anthropic was exploring going public later this year. The Decoder observed that OpenAI is also preparing a major model release, codenamed Spud, and that "both companies will likely time the release of their strongest models to ensure they are optimally positioned for their planned IPOs." Look at what Anthropic's investor pitch now contains. A model that the company calls a "step change." Market validation in the form of a sector-wide selloff triggered by a single draft document. A cybersecurity story where Anthropic plays both arsonist and fire chief. And a controlled release strategy that signals premium economics and serious demand. The CMS misconfiguration was almost certainly accidental. Leaving 3,000 files in a searchable public database is embarrassing, particularly for a company framing its model as a cybersecurity risk. But the content of that draft reads like it was crafted for the audience that found it. Structured web-page data, formatted with headings and publication dates, ready for a product launch page. Two name candidates tested in parallel versions. A narrative arc from capability to risk to responsible deployment. Gizmodo landed on the same observation: "It's also hard to ignore the fact that this whole situation plays right into the classic AI company playbook of talking up the dangers of a model to highlight how powerful and capable it is." Intentional or not, the narrative landed exactly where it needed to. The cybersecurity sector looked exposed before the first trade on Friday. Tenable got hit the hardest. Nine percent gone in a day, market cap sinking to $2.1 billion. CrowdStrike lost roughly 6%. Palo Alto and Zscaler, about the same. Okta and Netskope lost more than 7%. SentinelOne fell 6%. The cybersecurity ETF bled 4.5%. Even the broader tech-software index lost two and a half percent. Bitcoin? Down to $66,000 from nearly $70,000 the night before, per CoinDesk. Whether that had anything to do with an AI company's blog draft is genuinely debatable. Evercore analysts, returning from investor meetings in Europe, described cybersecurity sentiment as "subdued." The sector, they wrote, faces "a prolonged period of volatility as investors react to each new model release from artificial intelligence companies." Value investors have circled the space, Evercore added, but the absence of near-term catalysts and reactions like Friday's make it easy to stay on the sidelines. That's the tell. The sector isn't responding to deployed capabilities. It responds to announcements about capabilities. Each time a frontier lab publishes or leaks something about a model with cybersecurity implications, the same stocks dip. The labs set the narrative tempo. The market follows. And the reaction reinforces the perception that these models matter more than anyone has independently verified. This isn't new ground for Anthropic. Last month, cybersecurity stocks dipped after the company unveiled a code-scanning security tool for Claude. Same dynamic. Same targets. Same anxious selling. What changed this time was scale. An unfinished draft blog post, never officially published, moved more money than most actual product launches manage. The blueprint proved more powerful than the building. The leak also handed ammunition to Anthropic's most vocal critic. Under Secretary of War Emil Michael, who holds financial ties to competing AI firms, posted after the revelation: "Is it not clear yet that we have a problem here?" Michael has spent weeks calling CEO Dario Amodei a "liar" with a "god complex." He treated the leak as vindication. His outrage felt emboldened but selective. The Pentagon's conflict with Anthropic isn't about safety concerns. It's about control. The Defense Department wants to deploy Claude for applications Anthropic has refused to authorize, including domestic surveillance and fully autonomous weapons systems. On the same Thursday, a federal judge issued a temporary order blocking the DoD from designating Anthropic a supply-chain risk, calling the label an "Orwellian notion." And the same Pentagon that accidentally included a journalist in a Signal group chat discussing active war plans is now lecturing an AI company about information security. The irony writes itself. But the cybersecurity threat from advanced AI models is not hypothetical. Last November, Anthropic disclosed that Chinese state-sponsored hackers had weaponized Claude to infiltrate roughly 30 organizations, including tech companies, financial institutions, and government agencies. A small number of breaches succeeded. The company detected the campaign, banned the accounts involved, and subsequently built classified models for national security use to address exactly this class of threat. The risk is real, documented, and present tense. Framing it as a future crisis caused by a model that hasn't shipped obscures the one that's already here. The real test arrives when Mythos ships. If independent benchmarks confirm what Anthropic's draft claims, the company will have earned the market anxiety it manufactured. If the results look incremental, the way critics say OpenAI's GPT-5 did when it launched last August, then the Mythos narrative will deserve the skepticism Futurism already applied: "pretty standard fare." Either way, the playbook now has a proof of concept. You don't need to release a model to reshape a market. You just need the right story about what it might do. Watch for the IPO filing. If it lands before Mythos ships to the public, you'll know which audience Anthropic was writing that draft blog post for all along.
Anthropic throttles Claude subscriptions to meet capacity
That push, according to Forrester VP and principal analyst Charlie Dai, could mean more guaranteed revenue for the model provider. Offering a contrarian view on how the change affects large enterprises, Greyhound Research chief analyst Sanchit Vir Gogia pointed out that most enterprises are not operating in a clean, API-only model and, in reality, usage is fragmented across subscription tiers, team environments, developer tooling, and API integrations. "It is within this blended environment that the impact begins to surface. Subscription layers are no longer peripheral. They power real workflows, particularly in development, analytics, and rapid execution scenarios. When those layers become inconsistent during peak demand, enterprise productivity is affected indirectly but meaningfully," Gogia said. In fact, Gogia, too, sees the change forcing enterprises to choose API-based plans to ensure productivity: "Enterprises are entering a phase where performance consistency is no longer assumed. It must be architected, negotiated, and paid for. If demand continues to outpace infrastructure capacity, this segmentation will become more explicit."
Pension fund alert in gilt market chaos
Pension funds are being asked to put up more cash to cover hedging positions amid a sell-off in bonds - in an uncomfortable echo of the meltdown under Liz Truss. The cash calls come as UK bonds, known as gilts, take a pounding amid the market mayhem caused by the war in Iran. Yields on ten-year gilts, which rise as their price falls, spiked to more than 5.1 per cent at the start of this week. They eased after US President Donald Trump's claim the US was in peace talks was Iran. But with the conflict continuing to choke off energy supplies from the Middle East, the sell-off has since resumed and gilt yields yesterday soared back above 5.1 per cent. The sell-off causes problems for pension funds which invest in gilts and may use them as collateral for financial instruments employed as part of 'liability driven investment' (LDI) strategies. Meltdown: Pension funds are being asked to put up more cash to cover hedging positions amid a sell-off in bonds When bonds sell off, the value of that collateral falls. That can mean the funds are asked to post cash to make up the shortfall. Pensions consultancy XPS said a small number of its clients needed to meet cash calls on LDI positions this month, but that the market was operating normally. Rival consultancy Mercer said it had knowledge of a fund that met a cash call this month, but that its own clients were unaffected. James Lewis, UK chief investment officer at Mercer, said: 'If yields do keep going up, I suspect we will see multiple managers making capital calls. But I would expect that to be dealt with in an orderly fashion.' At the time of the 2022 crisis after former prime minister Truss's disastrous mini-Budget, bonds sold off so quickly that the market was flooded with cash calls. Funds had to sell up to raise the cash, prompting their values to fall even further. The meltdown forced the Bank of England to step in and ultimately costed Truss her job. Britain's latest bond sell-off has not been as rapid, but yields are higher now than they were back then and the rise in them this month is on course to be the steepest in four years. The impact has also been unlike 2022 due to reforms that have made LDI less exposed to market swings. Yet it will be politically embarrassing for Rachel Reeves's handling of the economy to be compared to that of Truss and her Chancellor Kwasi Kwarteng. DIY INVESTING PLATFORMS AJ Bell AJ Bell Easy investing and ready-made portfolios Learn More Learn More Hargreaves Lansdown Hargreaves Lansdown Free fund dealing and investment ideas Learn More Learn More interactive investor interactive investor Flat-fee investing from £4.99 per month Learn More Learn More Freetrade Freetrade Investing Isa now free on basic plan Learn More Learn More Trading 212 Trading 212 Free share dealing and no account fee Learn More Learn More Affiliate links: If you take out a product This is Money may earn a commission. These deals are chosen by our editorial team, as we think they are worth highlighting. This does not affect our editorial independence. Compare the best investing account for you
Shipping chaos leaves cars stranded, disrupts Asia trade flows
SEOUL/YOKOHAMA: The war in the Middle East is disrupting Asia's used-car trade, leaving shipments stranded, delaying deliveries, and forcing exporters into costly workarounds. For Japan-based trader Umar Ali Hyder Ali, the impact was immediate. Days after the conflict began, a shipment of more than 500 vehicles that he had sent to Sri Lanka was stuck at sea due to congestion at the destination port, caused by diverted cargo from Dubai, preventing unloading. "The cars that we already shipped to Sri Lanka were kind of idling in the ocean, waiting to enter because there was no space," he said, adding the vehicles were eventually offloaded at Hambantota port more than 10 days late. The disruption highlights the broader fallout from the near-closure of the Strait of Hormuz, a key shipping route, which has thrown logistics into disarray for exporters in Japan and South Korea. The industry, largely made up of small businesses, relies heavily on stable maritime routes to ship vehicles to South Asia, the Middle East, and Africa. Port congestion has triggered uncertainty across the supply chain. Hyder Ali said some shipping companies cancelled bookings, while others suggested rerouting cargo to ports in Pakistan or China. One company demanded a US$5,000 deposit per car. Some shipments may even need to be returned to Japan. His company, Kobe Motor, exports about 18,000 vehicles annually, mainly to Sri Lanka. Currently, around 50 luxury vehicles, including Lamborghinis, Ferraris, and Rolls-Royces, are stranded in Sri Lanka and China after ships failed to reach Dubai, where buyers in the Middle East were waiting. Air freight remains an option for some customers, but high costs make it viable only for the wealthiest buyers. The scale of disruption is significant. Japan and South Korea exported a combined $19 billion worth of used cars last year, with Japan accounting for just over half. South Korea sent more than a third of its 883,000 exported vehicles to the Middle East, while the United Arab Emirates was Japan's largest single market, accounting for about 15 percent of exports. In South Korea, shipments have slowed sharply during what is typically the busiest period for used-car dealers. At Incheon port, where most vehicles are destined for the Middle East, more than 70 percent of cars are currently stuck in storage, according to shipping officials. "Whenever war breaks out, we have no choice but to go into a wait-and-hold mode," said Jin Jae-woong, president of used-car dealership Automobile International. Some vessels already at sea are pausing or diverting routes, while others are offloading cargo at alternative ports to avoid the Strait of Hormuz. Dealers say such decisions are largely controlled by shipping companies, leaving exporters scrambling to adjust. The uncertainty is also pushing up costs. Rising oil prices have increased freight rates, while delays have driven up storage costs. Jin said his company is paying about 40 million won per month to store unsold vehicles. Despite the disruption, some exporters are positioning for a rebound. Jin said he plans to pre-purchase cars at lower prices, betting demand will recover once the conflict eases. Still, alternatives are limited. "You can't just simply redirect shipments to Africa or Latin America," said Yun Seung-hyun, president at Ventus Auto. "There's effectively no solution right now," he said. With a large share of business tied to Middle Eastern markets, traders say prolonged disruption could have lasting impacts on the industry.
Space Stocks Jump On Report Of Possible SpaceX IPO Filing
WASHINGTON (dpa-AFX) - SpaceX has positively impacted U.S. space-related stocks following reports indicating that the company may file for an initial public offering within a matter of days, which could potentially value the enterprise at approximately $1.75 trillion. The anticipated listing could generate over $75 billion, positioning it as one of the largest stock market debuts in history, should it materialize. Shares of Rocket Lab and Firefly Aerospace experienced an increase exceeding 10 percent, while Intuitive Machines, Planet Labs, Sidus Space, and AST SpaceMobile also recorded significant gains. Founded in 2002 by Elon Musk, SpaceX has evolved into a prominent aerospace contractor, facilitating rocket launches, satellite services, and engaging in government space contracts. Additionally, the company oversees Starlink, whose global broadband network has emerged as a significant growth engine for the organization. Copyright(c) 2026 RTTNews.com. All Rights Reserved Copyright RTT News/dpa-AFX© 2026 AFX News
