News & Updates
The latest news and updates from companies in the WLTH portfolio.
Trump says Anthropic is 'shaping up,' open to deal with Pentagon
US President Donald Trump indicated a potential shift in his administration's stance on AI firm Anthropic, suggesting openness to a deal allowing the company to resume work with the Pentagon. This follows a previous directive to halt collaborations and a "supply-chain risk" designation, which Anthropic disputes. WASHINGTON: U.S. President Donald Trump on Tuesday told CNBC that AI giant Anthropic was "shaping up" in the eyes of his administration and he was open to a deal to allow the firm to resume working with the Pentagon. Trump in February directed the governmentto stop working with Anthropic. The Pentagon followed up by declaring the firm a supply-chain risk, dealing a major blow to the artificial intelligence lab after a showdown over guardrails for how the military could use its artificial intelligence tools. The company disputes that characterization and filed suit against the Defense Department in March over the determination. Anthropic CEO Dario Amodei met with White House officials last week to attempt to repair the relationship. The White House called the meeting productive and constructive. "They came to the White House a few days ago, and we had some very good talks with them," Trump told CNBC's "Squawk Box" on Tuesday. "And I think they're shaping up. They're very smart, and I think they can be of great use. I like smart people." (You can now subscribe to our Economic Times WhatsApp channel)
SpaceX: $1.75T IPO And 220x EV/EBITDA Could Trigger Surge In Aerospace And Defense
Looking for more investing ideas like this one? Get them exclusively at The Aerospace Forum. Learn More " SpaceX (SPACE) is set for a blockbuster IPO later this year that could value the company north of $1.75 trillion. In this report, I discuss why this is a mind-blowing valuation in a negative sense Dhierin-Perkash Bechai is an aerospace, defense and airline analyst. Dhierin runs the investing group The Aerospace Forum, whose goal is to discover investment opportunities in the aerospace, defense and airline industry. With a background in aerospace engineering, he provides analysis of a complex industry with significant growth prospects, and offers context to developments as they occur, describing how they might affect investment theses. His investing ideas are driven by data informed analysis. The investing group also provides direct access to data analytics monitors. Learn more. Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Anthropic plans to provide Mythos access to European banks soon, sources say
By Saeed Azhar, Jeffrey Dastin and Mathieu Rosemain NEW YORK/PARIS, April 21 (Reuters) - Anthropic plans to provide access to its Mythos AI model to European banks soon, three people familiar with the matter said, as global banks scramble to test the technology after large U.S. banks were given initial access. Mythos is viewed by cybersecurity experts as posing significant challenges to the banking industry and its legacy technology systems, prompting a series of warnings from regulators and policymakers gathered at last week's International Monetary Fund spring meeting in Washington. A string of U.S. banks have so far been given access to Mythos - while the rest of the industry tries to catch up. Anthropic aims to expand Mythos AI access to European and UK banks, among other organizations, one of the people familiar with the matter told Reuters. That process involves checks to ensure the rollout is done securely, the person said, speaking on condition of anonymity. Another person said the access could be provided to European banks within days, while the first person said the rollout might take days or weeks. Bloomberg previously reported that Anthropic would release Mythos to UK financial institutions soon. Anthropic did not immediately respond to a Reuters request for comment. Anthropic initially provided access to the model to partners in its Project Glasswing initiative and about 40 additional organisations that build or maintain critical software infrastructure. JPMorgan Chase, which is part of Glasswing, was the only bank Anthropic has publicly said has access, although Bank of America has been part of Glasswing since the start and has been testing the Mythos technology internally, according to a source familiar with the matter. Other U.S. banks have more recently said they have been given access to Mythos, as regulators rush to examine the cybersecurity risks the new artificial intelligence model raises. German central bank chief Joachim Nagel called on Tuesday for all institutions to have access to Anthropic's artificial intelligence model Mythos to keep the playing field even and to avoid it being misused. (Reporting by Saeed Azhar, Jeffrey Dastin and Mathieu Rosemain in Paris; editing by Megan Davies and Franklin Paul)
Scott Galloway and the SpaceX IPO: A Trillion-Dollar Gamble Hiding a Harder Truth
The SpaceX IPO is being framed as a once-in-a-generation chance to buy into the future of space, but scott galloway also sits inside a much sharper question: whether the market is pricing a dream faster than the economics can support it. Some estimates put the company's value above $1 trillion, yet the real test is not the size of the valuation. It is whether space itself can justify that number. What is the public being told about the SpaceX IPO? Verified fact: the expected IPO would allow outside investors, including retail investors, to buy a stake in a company that has become one of the most closely watched on the planet. The prospect is being cast in two radically different ways: as a rare investment opportunity or as a trap for overly optimistic buyers. That tension is the core of the story. Informed analysis: the issue is not simply whether SpaceX is successful today. It is whether the company's most ambitious future projects can support a valuation that high. The context makes one point unmistakable: the company already sits at the center of a broader space ecosystem, but the hardest money question lies far beyond Earth orbit. Where does the money in space actually come from? Verified fact: there are already companies making money from space-related work today, including Earth observation satellites, communications, and launch services. These businesses serve practical needs on the ground and are part of an existing commercial ecosystem. Verified fact: the more difficult economics begin when the mission shifts to launching humans, reaching the Moon, or pushing farther into deep space. Those are the long-term ambitions tied to SpaceX's stated direction, and the context says there is vigorous debate among experts over whether plans such as asteroid mining, lunar extraction, or drug research in microgravity can work as businesses. Informed analysis: this is where the SpaceX IPO becomes more than a capital-market event. Investors would not just be buying into launch services. They would be buying into the assumption that the company can turn the most expensive environments in existence into repeatable profit. Why is the economics of deep space so hard to defend? Verified fact: the cost problem is structural. The context cites the expense of rocket rides, the reliability and safety demands for launched hardware, weight constraints, limited maintenance opportunities, and the need to secure power and protection from space radiation. Those burdens rise even more sharply when people are launched. Verified fact: it is described as much cheaper to do work on the ground, whether that work is research or resource extraction. In practical terms, the context says it is unlikely that material gathered from an asteroid would justify the cost of sending a mission there right now. Verified fact: NASA's OSIRIS-REx mission cost over $1 billion and took decades of work to return about 120 grams of material. That result shows technical success, but it also highlights the economic imbalance between effort and output. Informed analysis: this is the hidden contradiction inside the SpaceX narrative. The company's public power comes from making space feel accessible, but the underlying business case for much of that future remains extraordinarily expensive. A trillion-dollar valuation demands not only engineering success, but a market structure that can absorb extreme cost without collapsing the margin. Who benefits if the market believes the story? Verified fact: the IPO would open the door to retail investors who have never had access to ownership in this kind of company. That widens participation, but it also shifts risk outward, especially if the market is driven by enthusiasm for a visionary future rather than stable present-day returns. Informed analysis: the clear beneficiaries of a strong debut would be early backers and holders positioned before public trading begins. The larger public question is whether new investors are being invited into a business built on proven revenue streams, or into a long-duration bet on technologies that may never become economically efficient at scale. Verified fact: the context does not provide a company response, and it does not include formal rebuttals from any named individual or institution. What it does provide is a basic split in interpretation: one side sees the deal as the best opportunity of the decade, while the other sees it as an overhyped gamble on a difficult future. What should investors and the public watch next? Verified fact: the great SpaceX IPO is looming, and the valuation debate is already running ahead of the deal itself. The central question is whether the business can translate dominant positioning in the space economy into profitable expansion beyond the sectors that already make money. Informed analysis: that is where skepticism matters. If the public is only told about rockets, missions, and moonshot ambition, it may miss the simplest test in the story: what parts of space are actually profitable, and which parts remain aspirational. Until that distinction is clear, the market is not pricing a finished business. It is pricing belief. That is why the SpaceX IPO deserves scrutiny beyond the headline number. It is not just a listing. It is a referendum on whether investors think the future of space can become a durable business model, or whether the valuation is running far ahead of the evidence. For anyone reading the market carefully, the real story behind scott galloway is not excitement. It is discipline.
Anthropic plans to provide Mythos access to European banks soon, sources say
NEW YORK/PARIS, April 21 : Anthropic plans to provide access to its Mythos AI model to European banks soon, three people familiar with the matter said, as global banks scramble to test the technology after large U.S. banks were given initial access. Mythos is viewed by cybersecurity experts as posing significant challenges to the banking industry and its legacy technology systems, prompting a series of warnings from regulators and policymakers gathered at last week's International Monetary Fund spring meeting in Washington. A string of U.S. banks have so far been given access to Mythos - while the rest of the industry tries to catch up. Anthropic aims to expand Mythos AI access to European and UK banks, among other organizations, one of the people familiar with the matter told Reuters. That process involves checks to ensure the rollout is done securely, the person said, speaking on condition of anonymity. Another person said the access could be provided to European banks within days, while the first person said the rollout might take days or weeks. Bloomberg previously reported that Anthropic would release Mythos to UK financial institutions soon. Anthropic did not immediately respond to a Reuters request for comment. Anthropic initially provided access to the model to partners in its Project Glasswing initiative and about 40 additional organisations that build or maintain critical software infrastructure. JPMorgan Chase, which is part of Glasswing, was the only bank Anthropic has publicly said has access, although Bank of America has been part of Glasswing since the start and has been testing the Mythos technology internally, according to a source familiar with the matter. Other U.S. banks have more recently said they have been given access to Mythos, as regulators rush to examine the cybersecurity risks the new artificial intelligence model raises. German central bank chief Joachim Nagel called on Tuesday for all institutions to have access to Anthropic's artificial intelligence model Mythos to keep the playing field even and to avoid it being misused.
Wall Street view: Is Amazon's Anthropic deal a strategic AI win or a cost burden?
Investing.com -- Wall Street has mostly welcomed Amazon's expanded partnership with Anthropic, viewing the $100 billion, 10-year AWS commitment as a major vote of confidence in the company's Trainium chip ambitions. Amazon shares are up 2.6% premarket following the news. Wells Fargo analyst Ken Gawrelski noted that the $100 billion figure is a minimum commitment, estimating Anthropic could contribute $115 billion in AWS revenues between 2026 and 2028, rising to $40 billion to $50 billion annually at full deployment of a projected 5 gigawatts of capacity by 2028. Gawrelski flagged the launch of Claude Platform on AWS as a key competitive differentiator, bringing collaboration tools previously exclusive to Anthropic's own platform, including Claude Cowork and Artifacts, to AWS for the first time. Truist analyst Youssef Squali noted that the deal "deepens Amazon's relationship with Anthropic" and demonstrates that Trainium is gaining momentum in AI training and inference workloads. Combined with a separate OpenAI commitment, Squali said total anchor tenant commitments now exceed $200 billion, which he believes creates upside to AWS revenue estimates in the second half of 2026 and beyond, above current consensus growth of 25% year-on-year. BMO Capital analyst Brian Pitz was equally constructive, arguing that the long-term partnerships "justify the ~$200B of 2026 CapEx." Pitz reiterated the outperform rating and top pick designation on Amazon, with a $310 price target. Related articles Wall Street view: Is Amazon's Anthropic deal a strategic AI win or a cost burden? Tim Cook steps down as Apple CEO after 1,000% growth; John Ternus named successor
Trump says Anthropic is 'shaping up,' open to deal with Pentagon
WASHINGTON, April 21 (Reuters) - U.S. President Donald Trump on Tuesday told CNBC that AI giant Anthropic was "shaping up" in the eyes of his administration and he was open to a deal to allow the firm to resume working with the Pentagon. Trump in February directed the government to stop working with Anthropic. The Pentagon followed up by declaring the firm a supply-chain risk, dealing a major blow to the artificial intelligence lab after a showdown over guardrails for how the military could use its artificial intelligence tools. The company disputes that characterization and filed suit against the Defense Department in March over the determination. Anthropic CEO Dario Amodei met with White House officials last week to attempt to repair the relationship. The White House called the meeting productive and constructive. "They came to the White House a few days ago, and we had some very good talks with them," Trump told CNBC's "Squawk Box" on Tuesday. "And I think they're shaping up. They're very smart, and I think they can be of great use. I like smart people." (This story has been corrected to show Trump's ban on Anthropic applied to the company and preceded release of its Mythos tool, in paragraph 2) Reporting by Jacob Bogage; Editing by David Ljunggren Our Standards: The Thomson Reuters Trust Principles., opens new tab
Anthropic to Offer Mythos AI Access to European Banks Soon
Anthropic plans to roll out its powerful Mythos AI model to European banks imminently, following initial access granted to U.S. institutions. Regulators globally are sounding alarms about its cybersecurity risks and demanding strict oversight. Anthropic Prepares Mythos AI Model Rollout for European Banks: Sources Anthropic's Mythos AI Expansion and Industry Response By Saeed Azhar, Jeffrey Dastin and Mathieu Rosemain Background: U.S. Banks Lead Initial Access NEW YORK/PARIS, April 21 (Reuters) - Anthropic plans to provide access to its Mythos AI model to European banks soon, three people familiar with the matter said, as global banks scramble to test the technology after large U.S. banks were given initial access. Cybersecurity Concerns and Regulatory Warnings Mythos is viewed by cybersecurity experts as posing significant challenges to the banking industry and its legacy technology systems, prompting a series of warnings from regulators and policymakers gathered at last week's International Monetary Fund spring meeting in Washington. A string of U.S. banks have so far been given access to Mythos - while the rest of the industry tries to catch up. Expansion to European and UK Banks Anthropic aims to expand Mythos AI access to European and UK banks, among other organizations, one of the people familiar with the matter told Reuters. That process involves checks to ensure the rollout is done securely, the person said, speaking on condition of anonymity. Another person said the access could be provided to European banks within days, while the first person said the rollout might take days or weeks. Bloomberg previously reported that Anthropic would release Mythos to UK financial institutions soon. Anthropic did not immediately respond to a Reuters request for comment. Project Glasswing and Early Partners Anthropic initially provided access to the model to partners in its Project Glasswing initiative and about 40 additional organisations that build or maintain critical software infrastructure. Major Banks Involved in Early Testing JPMorgan Chase, which is part of Glasswing, was the only bank Anthropic has publicly said has access, although Bank of America has been part of Glasswing since the start and has been testing the Mythos technology internally, according to a source familiar with the matter. Other U.S. banks have more recently said they have been given access to Mythos, as regulators rush to examine the cybersecurity risks the new artificial intelligence model raises. Calls for Wider Access and Industry Implications German central bank chief Joachim Nagel called on Tuesday for all institutions to have access to Anthropic's artificial intelligence model Mythos to keep the playing field even and to avoid it being misused. (Reporting by Saeed Azhar, Jeffrey Dastin and Mathieu Rosemain in Paris; editing by Megan Davies and Franklin Paul)
Draft of SpaceX's confidential IPO prospectus: Elon Musk increased his stake in SpaceX last year by purchasing $1.4B of stock from current and former employees
Andrew Curran / @andrewcurran_: 'Our run-rate revenue has now surpassed $30 billion, up from approximately $9 billion at the end of 2025. ' [image] NEED MORE COMPUTE "...This encompasses current and future generations of Trainium (Amazon's custom silicon) and tens of millions of Graviton cores (Amazon's widely-adopted CPU chip) to provide superior price performance. Anthropic will secure up to 5 gigawatts (GW) of capacity to train and power their advanced AI models, including significant Trainium3 capacity expected to come online this year."
Amazon, Anthropic deepen AI collaboration in massive cloud deal
Amazon has announced plans to invest up to $25 billion more in Anthropic, an artificial intelligence company, in a major expansion of their strategic partnership that also includes a long-term cloud computing commitment expected to exceed $100 billion over the next decade. The move strengthens Amazon's position in the fast-growing artificial intelligence and advanced computing market, particularly as demand for large-scale model training and cloud infrastructure continues to accelerate globally. Under the new arrangement, Amazon will inject $5 billion immediately into Anthropic, with an additional $20 billion contingent on the achievement of agreed commercial milestones. This latest investment adds to the $8 billion Amazon has already committed to the AI startup. Anthropic, in turn, has pledged to spend more than $100 billion on Amazon Web Services (AWS) over the next 10 years, covering current and next-generation custom chips, including Trainium and Graviton technologies, as well as large-scale compute capacity for training and deploying its AI systems. According to Amazon, the expanded collaboration builds on a partnership launched in 2023, which has already seen over 100,000 customers using Anthropic's Claude models through AWS services. Claude has become one of the most widely adopted model families on Amazon Bedrock, the company's AI inference platform. The companies are also jointly developing large-scale infrastructure projects, including Project Rainier, described as one of the world's largest artificial intelligence compute clusters. The system reportedly integrates nearly half a million Trainium2 chips and is being used to train and deploy next-generation Claude models. Amazon said Anthropic's long-term commitment to AWS will help scale its training operations while leveraging Amazon's custom silicon to improve cost efficiency and performance. The agreement also includes expanded international inference capacity across Asia and Europe to support growing global demand for Claude-powered applications. Andy Jassy, chief executive officer of Amazon, said the collaboration reflects strong demand for its custom AI chips and infrastructure capabilities. "Our custom AI silicon offers high performance at significantly lower cost for customers, which is why it's in such hot demand," Jassy said. He added that Anthropic's decision to rely on AWS Trainium for the next decade reflects progress in building scalable infrastructure for advanced AI development. Dario Amodei, chief executive officer and co-founder of Anthropic, said the partnership is essential to meeting rising demand for its models. "Our users tell us Claude is increasingly essential to how they work, and we need to build the infrastructure to keep pace with rapidly growing demand," Amodei said, noting that over 100,000 customers are already building on AWS using Anthropic systems. Beyond funding and infrastructure, the partnership also extends to product integration. AWS customers will be able to access Anthropic's Claude platform directly through their AWS accounts without requiring separate credentials or billing arrangements. The integration is expected to simplify deployment for developers and enterprises already operating within the AWS ecosystem. The companies highlighted ongoing collaboration in custom chip development through Annapurna Labs, where Anthropic provides feedback from real-world AI workloads to help shape future generations of Trainium processors. Both firms said this close engineering partnership has accelerated optimisation across training and inference systems.
Trump Suggests Potential Reconciliation with Anthropic Over Pentagon Partnership | Technology
U.S. President Donald Trump has expressed a willingness to negotiate with AI giant Anthropic for a potential resumption of their work with the Pentagon. This marks a turnaround after the government halted cooperation, citing risks associated with the firm's supply chain. The initial decision, directed by Trump in February, led to the Pentagon labeling Anthropic a supply-chain risk, halting their operations and challenging the company's role in military AI advancements. Anthropic strongly disagreed with this assessment, resulting in a lawsuit filed against the Defense Department in March. Recent discussions between Anthropic CEO Dario Amodei and White House officials were described as productive, with Trump signaling optimism about the company's potential contribution. Reports suggest constructive dialogue could pave the way for renewed collaboration.
Elon Musk, insiders to retain voting control of SpaceX after IPO, filing shows
SpaceX plans to cement founder Elon Musk's control after its IPO, granting him and a small group of insiders super-voting shares that will outweigh other investors, according to excerpts of the company's IPO filing reviewed by Reuters. The prospectus, which was confidentially filed this month, provides fresh details of the company's financials and corporate governance. Upon completion of the offering, Musk will stay on as chief executive officer, chief technical officer, and will serve as chairman of SpaceX's nine-member board of directors. Though Musk was paid US$54,080 last year, according to the excerpts, he stands to gain billions in equity after the company's stock market debut. SpaceX is targeting a listing valuation of roughly US$1.75-trillion with a US$75-billion raise, which would make it the largest initial public offering in history. Analysis: SpaceX's trillion-dollar IPO could force Canadians to buy in Musk bought US$1.4-billion in the company's stock last year and stands to get another 60 million in shares if SpaceX's market value reaches US$6.6-trillion and he is able to build data centers in space under a stock plan approved last month, the Information reported. President and chief operating officer Gwynne Shotwell received US$85.8-million in total compensation last year, Reuters previously reported, while chief financial officer Bret Johnsen was paid US$9.8-million. Some of the executives are driving Musk's IPO ambitions with three days of meetings planned this week for Wall Street analysts, starting with a tour and briefings at SpaceX's Starbase launch facility in Boca Chica, Tex. The filing excerpts show SpaceX will use a dual-class equity structure that gives Class B shareholders 10 votes each, concentrating power with Musk and a handful of other insiders, while Class A shares sold to public investors will carry one vote each. They also outline provisions that could limit shareholders' ability to influence board elections or pursue certain legal claims, forcing disputes into arbitration instead and restricting where they can be brought. While such structures are common among founder-led technology companies, they limit public shareholders' ability to influence strategy or challenge management. The filing gives investors the first look at SpaceX's financial health, especially after Musk combined the rocket maker with his social media and AI company xAI this year. The combined company ended 2025 with about US$24.8-billion in cash on hand, and had total assets of US$92-billion against total liabilities of US$50.8-billion. Its satellite internet business Starlink generated billions in profit last year, helping to offset heavy losses inherited when it bought founder Musk's social media and artificial intelligence company xAI this year, the excerpts show. SpaceX swung to a US$4.94-billion consolidated loss in 2025 on revenue of US$18.67-billion as it invested heavily in xAI's artificial intelligence infrastructure, from a US$791-million profit and US$14.02-billion in revenue the year before. It lost US$4.63-billion on US$10.4-billion in revenue in 2023. Its losses stem from an almost fivefold increase in capital spending over two years to US$20.74-billion last year, more than half of that on AI spending. The company's successful Starlink satellite internet service is subsidizing much of that spending, generating US$4.42-billion in operating profit but accounting for less than a quarter of its total capital expenditures. Capital expenditure at the AI segment surged to US$12.7-billion from US$5.6-billion the prior year, pushing SpaceX's total capex above US$20.7-billion, more than double the prior year. That remains a fraction of spending by the largest technology companies on AI infrastructure: Meta, with a comparable market capitalization of about US$1.7-trillion, had capital expenditure of US$72-billion in 2025. The Information previously reported some aspects of the financials. SpaceX did not immediately respond to a request for comment.
SEALSQ Advances Post-Quantum Cryptography (PQC) in Silicon to Counter AI-Driven Threats Following Anthropic's Mythos Breakthrough
SEALSQ Corp (NASDAQ: LAES) ("SEALSQ" or "Company"), a company that focuses on developing and selling Semiconductors, PKI, and Post-Quantum technology hardware and software products, today provides an update to its previous communication on the evolving intersection of artificial intelligence and quantum-era cybersecurity risks, highlighting how recent breakthroughs in AI are reinforcing the urgent need for Post-Quantum Cryptography (PQC) and other secure algorithms to be embedded directly into semiconductor infrastructure. Since Anthropic unveiled Claude Mythos Preview on April 7, 2026, the model has drawn significant attention in cybersecurity for its advanced capabilities in coding, reasoning, and vulnerability discovery. In response to the risks, Anthropic has restricted access to Mythos and launched "Project Glasswing," a cross-industry initiative to secure critical software. Mythos significantly outperforms previous models, uncovering serious long-standing flaws in widely used software. As AI agents become fully autonomous cybersecurity actors, they accelerate both offensive and defensive operations, systematically exploring attack paths and using sophisticated evasion techniques. This evolution also amplifies the quantum threat by enabling faster identification of cryptographic weaknesses and shortening the effective lifespan of classical encryption through "harvest now, decrypt later" strategies. In this new environment, software-based security alone is no longer sufficient. SEALSQ emphasizes that the most effective long-term mitigation is the integration of Post-Quantum Cryptography and other secure algorithms directly into silicon. By embedding PQC into secure microcontrollers and semiconductor components, cryptographic operations are executed within tamper-resistant hardware environments, creating an immutable root of trust that cannot be altered, bypassed, or extracted -- even by AI-driven attacks. This hardware-based approach fundamentally reduces the attack surface by mitigating vulnerabilities linked to software layers and misconfigurations. It ensures that cryptographic keys are generated, stored, and used entirely within secure environments, protecting from unauthorized access or exfiltration. As a result, even highly autonomous AI agents would be unable to escalate privileges or compromise protected systems. While no system can claim absolute theoretical immunity, embedding PQC in silicon raises the barrier to attack to a level that is practically unfeasible. Unlike software defenses, which can be continuously probed and exploited by AI, hardware-enforced cryptographic protections are inherently resistant to observation, manipulation, and iterative attack strategies. The convergence of advanced AI and emerging quantum computing capabilities is creating a new cybersecurity reality where hardware-rooted, quantum-resilient infrastructures can provide sustainable protection. SEALSQ remains at the forefront of this transformation, developing next-generation semiconductors designed to secure digital ecosystems against both AI-driven cyber threats and future quantum attacks. About SEALSQ: SEALSQ is a leading innovator in Post-Quantum Technology hardware and software solutions. Our technology seamlessly integrates Semiconductors, PKI (Public Key Infrastructure), and Provisioning Services, with a strategic emphasis on developing state-of-the-art Quantum Resistant Cryptography and Semiconductors designed to address the urgent security challenges posed by quantum computing. As quantum computers advance, traditional cryptographic methods like RSA and Elliptic Curve Cryptography (ECC) are increasingly vulnerable. SEALSQ is pioneering the development of Post-Quantum Semiconductors that provide robust, future-proof protection for sensitive data across a wide range of applications, including Multi-Factor Authentication tokens, Smart Energy, Medical and Healthcare Systems, Defense, IT Network Infrastructure, Automotive, and Industrial Automation and Control Systems. By embedding Post-Quantum Cryptography into our semiconductor solutions, SEALSQ ensures that organizations stay protected against quantum threats. Our products are engineered to safeguard critical systems, enhancing resilience and security across diverse industries. For more information on our Post-Quantum Semiconductors and security solutions, please visit www.sealsq.com. Forward-Looking Statements This communication expressly or implicitly contains certain forward-looking statements concerning SEALSQ Corp and its businesses. Forward-looking statements include statements regarding our business strategy, financial performance, results of operations, market data, events or developments that we expect or anticipate will occur in the future, as well as any other statements which are not historical facts. Although we believe that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates which are inherently subject to significant uncertainties and contingencies, many of which are beyond our control. Actual results may differ materially from those expressed or implied by such forward-looking statements. Important factors that, in our view, could cause actual results to differ materially from those discussed in the forward-looking statements include SEALSQ's ability to continue beneficial transactions with material parties, including a limited number of significant customers; market demand and semiconductor industry conditions; and the risks discussed in SEALSQ's filings with the SEC. Risks and uncertainties are further described in reports filed by SEALSQ with the SEC. SEALSQ Corp is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise.
Wall Street view: Is Amazon's Anthropic deal a strategic AI win or a cost burden?
Investing.com -- Wall Street has mostly welcomed Amazon's expanded partnership with Anthropic, viewing the $100 billion, 10-year AWS commitment as a major vote of confidence in the company's Trainium chip ambitions. Amazon shares are up 2.6% premarket following the news. Wells Fargo analyst Ken Gawrelski noted that the $100 billion figure is a minimum commitment, estimating Anthropic could contribute $115 billion in AWS revenues between 2026 and 2028, rising to $40 billion to $50 billion annually at full deployment of a projected 5 gigawatts of capacity by 2028. Gawrelski flagged the launch of Claude Platform on AWS as a key competitive differentiator, bringing collaboration tools previously exclusive to Anthropic's own platform, including Claude Cowork and Artifacts, to AWS for the first time. Truist analyst Youssef Squali noted that the deal "deepens Amazon's relationship with Anthropic" and demonstrates that Trainium is gaining momentum in AI training and inference workloads. Combined with a separate OpenAI commitment, Squali said total anchor tenant commitments now exceed $200 billion, which he believes creates upside to AWS revenue estimates in the second half of 2026 and beyond, above current consensus growth of 25% year-on-year. BMO Capital analyst Brian Pitz was equally constructive, arguing that the long-term partnerships "justify the ~$200B of 2026 CapEx." Pitz reiterated the outperform rating and top pick designation on Amazon, with a $310 price target.
Amazon surges as Anthropic's $100B AWS deal drops
The tech giant doubles down on AI as Anthropic commits $100B to AWS over the next decade Amazon made one of the boldest financial commitments in the modern history of artificial intelligence on Monday, and the stock market took immediate notice. The deal that moved markets Shares of Amazon climbed roughly 2.26% to $253.88 in premarket trading after the company announced plans to significantly expand its investment in Anthropic, the AI company behind the Claude family of models. The stock had ended regular trading in negative territory before reversing sharply on the news, climbing to $254.51 in after-hours activity. The agreement calls for Amazon to commit an additional $5 billion to Anthropic, with the potential to raise that figure to $25 billion based on performance milestones. When combined with approximately $8 billion Amazon had already deployed into the AI startup, the total potential investment could reach around $33 billion, making it one of the largest corporate bets on a single AI company to date. In return, Anthropic agreed to spend more than $100 billion over the next decade on Amazon Web Services, cementing AWS as its primary cloud and infrastructure partner for training and deploying its most advanced models. 5 things that make this deal significant Five elements of the agreement stand out as particularly consequential for investors and the broader AI industry. What lies ahead for Amazon The broader deal arrives at a moment when cloud providers are competing aggressively for enterprise AI workloads. The Anthropic agreement reinforces AWS as the infrastructure backbone for one of the fastest-growing AI companies in the world, while driving demand for Amazon's custom chips across an expanding footprint in Asia and Europe. Analysts have broadly described Amazon as well positioned to benefit from rising corporate demand for AI capacity, and the scale of Monday's announcement adds considerable weight to that view. Whether the promised infrastructure arrives on schedule and translates into consistent performance will be the question investors watch most closely in the months ahead. Disclaimer: This article is for informational purposes only and does not constitute financial advice. The author and publication are not registered investment advisors and do not provide personalized investment recommendations.
Market Open: Apple Slips on Tim Cook Exit, Amazon Jumps on Anthropic Bet | Apr 21st
The TSX is up 0.04%, while the TSX Venture Index is higher by 0.92%, as Canadian markets trade modestly higher amid mixed global sentiment. U.S. markets are firmer, with the Dow up 0.41% and the Nasdaq edging higher by 0.01%, as investors digest leadership changes at major tech firms and fresh optimism around AI investment. In contrast, Europe is weaker, with the FTSE 100 down 0.54%, reflecting lingering caution overseas. Commodities are volatile. Oil is surging sharply, up nearly 5%, as Middle East tensions and supply risks resurface. Gold is under pressure, down just over 1%, as traders continue to raise cash despite geopolitical uncertainty. Copper is slightly higher, natural gas is marginally firmer, and Bitcoin is pushing higher in Canadian‑dollar terms, up a quarter of a percent. Market numbers TSX: Up (+0.04%), 34,360.03 TSXV: Up (+0.92%), 1,064.58 DOW: Up (+0.41%), 49,700.2 NASDAQ: Up (+0.01%), 26,657.3 FTSE 100: Down (‑0.54%), 10,561.27 In the headlines * Apple shares slide after Tim Cook announces departure: Apple (TSX:AAPL) -- the world’s largest consumer‑technology company known for the iPhone, iPad, and Mac -- moved lower after CEO Tim Cook announced he will step down following 15 years at the helm. Investors are weighing succession risk as Apple navigates slower hardware growth and heavy investment in AI services. * Amazon gains on $25B Anthropic investment: Amazon (TSX:AMZN) -- the global e‑commerce, cloud‑computing, and AI infrastructure giant -- rose after announcing a $25‑billion investment in Anthropic, a leading AI model developer. The move deepens Amazon Web Services’ position in generative AI and strengthens its competitive stance against Microsoft and Google. Currencies USD: Flat (0.00%), $0.7328 GBP: Up (+0.16%), $0.5420 EUR: Up (+0.18%), $0.62291 JPY: Up (+0.16%), ¥116.600 AUD: Up (+0.18%), $1.0228 Bitcoin (BTC/CAD): Up (+0.25%), 103,850.3 (Conversion to C$1) Commodities Copper: Up (+0.09%), 601.67 Gold: Down (‑1.04%), 4,770.57 WTI Crude: Up (+4.85%), 86.92 Natural Gas: Up (+0.64%), 2.677 To stay up-to-date on all of your market news head to Stockhouse.com. Join the discussion: Find out what everybody’s saying about Apple and Amazon for April 21st, 2026, on Stockhouse’s stock forums and message boards.
SpaceX Alum's Firm Raises More Cash to Pursue Uncrewed Flights
Reliable has run test flights and has a contract with the US Air Force, with commercial and military customers placing more than 200 orders for its technology, according to the company. Reliable Robotics Corp. secured $160 million in new funding -- pushing its valuation to nearly $1 billion -- as the Silicon Valley startup makes a bigger push for US regulatory approval of its automated flying technology. With the new funds, the company will hire more engineers to develop and submit a "mountain of evidence" to the Federal Aviation Administration demonstrating that its system is safe and operable for commercial cargo flights in the US, according to Robert Rose, the company's chief executive officer and a co-founder. "We know what needs to be done," Rose, who is an alum of SpaceX and Tesla Inc., said in an interview. "We just need to execute, and that's going to require scaling." Reliable, based in Mountain View, California, has been working with the FAA to certify its system, which includes an aircraft operating on autopilot, including takeoff and landing, with a human monitoring and having the ability to maneuver the plane if needed. Get the Bonus Points newsletter. Get the Bonus Points newsletter. Get the Bonus Points newsletter. Go in-depth on Bloomberg's games, Pointed and Alphadots, with quizmaster Aimee Lucido. Go in-depth on Bloomberg's games, Pointed and Alphadots, with quizmaster Aimee Lucido. Go in-depth on Bloomberg's games, Pointed and Alphadots, with quizmaster Aimee Lucido. Plus Signed UpPlus Sign UpPlus Sign Up By continuing, I agree to the Privacy Policy and Terms of Service. The company has run test flights, and the US Department of Defense deemed the its fully uncrewed system airworthy for military operations, landing the firm a contract with the US Air Force. Reliable will begin flight demonstrations for the military this year, with the intent to deploy the aircraft in the Indo-Pacific region for logistic purposes. Commercial and military customers have placed more than 200 orders for its technology, according to the company. RTX Invests The financing, led by Nimble Partners, includes existing and new investors such as RTX Ventures, a venture capital arm of aerospace and defense firm RTX Corp., Reliable said Tuesday in a statement. John Burbank, founder of Nimble Partners, will also join the company's board. The company has now raised a total of $300 million. Rose wants to ensure that the company's remote-piloted technology is available commercially to improve safety and meet growing demand for air capacity -- a challenge for the aviation industry, which faces a perennially tight supply of pilots. Other aviation operators have expressed interest in some of the technology that Reliable has developed on its way to autonomy. One example is an advanced radar that Rose said could help prevent accidents. "Autonomy is the big headline, but there's actually a lot that you can do along the way to improve safety," Rose said.
AI is Already Finding Thousands of Software Flaws, Even Before Anthropic's Mythos
Artificial intelligence already is finding so many flaws in popular technology that the US government is overwhelmed, an issue poised to worsen after Anthropic PBC released an AI model designed to uncover more computer problems. The National Vulnerability Database, which tracks software bugs in order to help organizations fix them, has added nearly 20,000 flaws to its storehouse in 2026. That's up nearly 33% from the same period last year, according to the National Institute of Standards and Technology. Cybersecurity personnel in the government and private sector rely on the NVD as the definitive repository of software bugs. Hackers use flaws logged in the database for spying, theft and sabotage. Private sector organizations use the same information to figure out which problems in their technology are most important to fix. "With large language models, both ethical and malicious hackers are able to discover vulnerabilities more quickly and effectively than before," said Harold Booth, who leads the NVD. "AI's impact on the field is now and will likely remain a very significant factor for some time." AI is one factor driving the increase, Booth said. Other factors, he said: Software is growing increasingly complex. Technology is shifting to less secure devices. And the number of organizations submitting vulnerabilities is growing. Humans previously would spend weeks or months trying to find software vulnerabilities, either to launch a hacking spree or to fix the problems before bad guys found them. That suddenly feels like a lifetime ago. AI tools have started autonomously finding those flaws -- sometimes bad ones -- in minutes. The Zero Day Initiative, a bug tracking program by the security firm Trend Micro, recently received 200 high-severity vulnerabilities in a single week, a ten-fold increase that is "directly the result of AI being used," according to Dustin Childs, head of threat awareness at the Zero Day Initiative. The increase is likely to accelerate after Anthropic released the Mythos model to a limited set of organizations, encouraging them to use it to scour for software flaws in their systems. JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said that the bank's initial experimentation with Mythos has already determined that "a lot more vulnerabilities need to be fixed." The White House's Office of Management and Budget last week informed cybersecurity chiefs across the government that it was moving to provide them with access to some version of Mythos. The National Institute of Standards and Technology recently announced major changes to how the database prioritizes new bugs. That includes focusing on the most important vulnerabilities -- those that are being actively exploited by hackers, pose a risk to the US government or represent weaknesses in critical software. The huge influx of bugs is increasingly difficult to fix due to sheer quantity, said Childs. Each tech company still has to go through a process of validation, testing and packaging fixes. That's followed by businesses who have to test every new update on their own systems. The gap between discovering vulnerabilities and actually fixing them opens up a dangerous window that hackers can exploit. Coming soon: Get the AI Today newsletter -- chronicling the disruptions and threats of AI on businesses, workers, governments and economies with analysis from Bloomberg's global newsroom. What We Learned This Week The US is waiting on whether Iran will take part in a second round of talks before a ceasefire expires on Wednesday, with the sides deadlocked on how to end a war that's engulfed the Middle East and triggered a growing energy crisis. US President Donald Trump said his vice president, JD Vance, is ready to leave for negotiations in Pakistan, but threatened to resume the country's military operation if Iran doesn't make a deal. For its part, Tehran has yet to confirm its attendance in Islamabad. Parliament Speaker Mohammad Bagher Ghalibaf, who led Iran's delegation during the first round of talks earlier this month, said his country would not "accept negotiations under the shadow of threats." Bloomberg.com subscribers are invited to nominate candidates for the inaugural VivaTech x Bloomberg Rising Star Award, to be presented in Paris on June 18. Chosen by the Bloomberg subscriber community, the Rising Star Award honors an emerging founder, technologist, academic or creator whose work is already demonstrating meaningful early impact. It celebrates individuals whose ideas, innovation and leadership are helping shape the future of technology. Submit a nomination here. What We're Reading * How cybercrime became a leading industry in 'Scambodia.' * NSA is using Anthropic's Mythos despite blacklist, according to Axios. * The deepfake nudes crisis in schools is much worse than you thought. * Sam Altman may control our future -- can he be trusted? * How a billionaire owner brought turmoil and trouble to Sotheby's. Got a News Tip? You can reach Patrick Howell O'Neill at [email protected]. You can also send us files safely and anonymously using our SecureDrop. More from Bloomberg Get Tech In Depth and more Bloomberg Tech newsletters in your inbox: * Game On for diving deep inside the video game business * Power On for Apple scoops, consumer tech news and more * Screentime for a front-row seat to the collision of Hollywood and Silicon Valley * Soundbite for reporting on podcasting, the music industry and audio trends
Trump says Anthropic is 'shaping up,' open to deal with Pentagon
(Corrects second paragraph to show Trump's ban on Anthropic applied to the company and preceded release of its Mythos tool) WASHINGTON, April 21 (Reuters) - U.S. President Donald Trump on Tuesday told CNBC that AI giant Anthropic was "shaping up" in the eyes of his administration and he was open to a deal to allow the firm to resume working with the Pentagon. Trump in February directed the government to stop working with Anthropic. The Pentagon followed up by declaring the firm a supply-chain risk, dealing a major blow to the artificial intelligence lab after a showdown over guardrails for how the military could use its artificial intelligence tools. The company disputes that characterization and filed suit against the Defense Department in March over the determination. Anthropic CEO Dario Amodei met with White House officials last week to attempt to repair the relationship. The White House called the meeting productive and constructive. "They came to the White House a few days ago, and we had some very good talks with them," Trump told CNBC's "Squawk Box" on Tuesday. "And I think they're shaping up. They're very smart, and I think they can be of great use. I like smart people." (Reporting by Jacob Bogage;Editing by David Ljunggren)
Worried about missing out on the SpaceX IPO? Here are four other ways to get exposure before it lists - IFA Magazine
A potential SpaceX listing is one of the most anticipated market moments of the decade. While there's still no confirmed IPO timeline, investors don't have to wait on the sidelines. There are already several ways to gain exposure, whether indirectly through public markets or more directly via pre-IPO pricing. Chris Beauchamp, Chief Market Analyst, IG suggests investors can: Buying shares in these trusts offers indirect exposure to SpaceX, alongside a broader portfolio of innovative companies. The trade-off is that SpaceX is just one component, so its impact on returns is diluted. Meanwhile, satellite and imaging companies such as Maxar Technologies and Teledyne Technologies offer more targeted exposure to the commercialisation of space. While these businesses are not tied exclusively to SpaceX, their fortunes are increasingly linked to the sector's growth. It's a way of expressing a view on the IPO before it happens, without needing to access private markets or wait for shares to become publicly available. This approach is more speculative and focuses purely on pricing expectations, but it provides a unique route for investors who want exposure specifically to the IPO moment itself.
