News & Updates
The latest news and updates from companies in the WLTH portfolio.
Space investment in first quarter hits record as SpaceX IPO buzz lifts sector - The Economic Times
Funding reached $7.95 billion during the quarter, nearly double the $3.93 billion in the previous three-month period, pushing the trailing 12-month investment to an all-time high of $18.8 billion.Global investment in space companies surged to a record in the first quarter of 2026, driven by larger late-stage financing and growing investor enthusiasm over SpaceX's public market debut, data from investment firm Seraphim Space showed on Tuesday. Funding reached $7.95 billion during the quarter, nearly double the $3.93 billion in the previous three-month period, pushing the trailing 12-month investment to an all-time high of $18.8 billion. Deal count also rose to 159 transactions, bringing the annual total to a record 654. The increase in capital deployment was largely attributed to bigger cheque sizes rather than a sharp increase in deal volume, with average deal size climbing to $68 million from $35.1 million in fourth quarter. The largest transaction was U.S.-based Saronic's $1.75 billion round, one of the biggest space financings on record, the report said. "The market today definitely feels 'risk-on' with capital moving quickly into perceived category leaders," said Lucas Bishop, investment associate at Seraphim Space, pointing to a convergence of tailwinds, including defense spending, renewed lunar ambitions and investor anticipation around SpaceX's IPO. A SpaceX IPO could provide a landmark liquidity event for early investors and employees, while also creating a valuation benchmark, improving exit visibility for venture-backed space companies. Elon Musk's rocket maker will host an analyst day on Tuesday, Reuters reported earlier this month. North America accounted for roughly 70% of total funding in the first quarter, while Europe posted its strongest performance since 2022 and Asia contributed more than $1.2 billion. Notably, investment has shifted beyond traditional satellite communications, with significantly more capital flowing into emerging segments such as in-space infrastructure, including space stations and data centers, reflecting a broadening of the sector's addressable market. Recent developments have also highlighted continued momentum in satellite connectivity, with Amazon saying last week it would acquire Globalstar for $11.6 billion.
Space investment in first quarter hits record as SpaceX IPO buzz lifts sector
April 21 (Reuters) - Global investment in space companies surged to a record in the first quarter of 2026, driven by larger late-stage financing and growing investor enthusiasm over SpaceX's public market debut, data from investment firm Seraphim Space showed on Tuesday. Funding reached $7.95 billion during the quarter, nearly double the $3.93 billion in the previous three-month period, pushing the trailing 12-month investment to an all-time high of $18.8 billion. Deal count also rose to 159 transactions, bringing the annual total to a record 654. The increase in capital deployment was largely attributed to bigger cheque sizes rather than a sharp increase in deal volume, with average deal size climbing to $68 million from $35.1 million in fourth quarter. The largest transaction was U.S.-based Saronic's $1.75 billion round, one of the biggest space financings on record, the report said. "The market today definitely feels 'risk-on' with capital moving quickly into perceived category leaders," said Lucas Bishop, investment associate at Seraphim Space, pointing to a convergence of tailwinds, including defense spending, renewed lunar ambitions and investor anticipation around SpaceX's IPO. A SpaceX IPO could provide a landmark liquidity event for early investors and employees, while also creating a valuation benchmark, improving exit visibility for venture-backed space companies. Elon Musk's rocket maker will host an analyst day on Tuesday, Reuters reported earlier this month. North America accounted for roughly 70% of total funding in the first quarter, while Europe posted its strongest performance since 2022 and Asia contributed more than $1.2 billion. Notably, investment has shifted beyond traditional satellite communications, with significantly more capital flowing into emerging segments such as in-space infrastructure, including space stations and data centers, reflecting a broadening of the sector's addressable market. Recent developments have also highlighted continued momentum in satellite connectivity, with Amazon saying last week it would acquire Globalstar for $11.6 billion. (Reporting by Akash Sriram in Bengaluru; Editing by Shilpi Majumdar)
SpaceX successfully launches GPS satellite
Washington, USA: The US Space Exploration Technologies Corp (SpaceX) successfully launched on Tuesday the last of the GPS III satellites dedicated to developing the Global Positioning System (GPS) for the United States Space Force, aboard a Falcon 9 launch vehicle. A statement issued by the SpaceX said that the Falcon 9 rocket carrying the satellite was launched from the Cape Canaveral Space Force Station in Florida, USA, where this new satellite aims to provide navigation services three times more accurate and enhanced jamming resistance. The corporation said that the first stage of the rocket returned to Earth successfully about 8.5 minutes after launch, landing on a floating platform in the Atlantic Ocean for use in future missions. Meanwhile, the upper stage continued its propulsion toward medium Earth orbit, deploying the GPS III SV10 there about 90 minutes after launch. Today's launch is the seventh flight of this particular booster, and it also represents the completion of the third generation of GPS satellites.
SpaceX's public IPO filing confirms Musk and insiders retain dominant voting control
The now-public S-1 prospectus shows Musk controls roughly 79% of SpaceX's votes despite owning approximately 42% of its equity, a gap created by a dual-class share structure. The company is targeting a June listing at a $1.75 trillion valuation, a raise of up to $75 billion, and an unusually large 30% retail investor allocation. SpaceX's IPO prospectus, now public after the company's confidential SEC filing on 1 April 2026, confirms that Elon Musk and fellow insiders will retain dominant voting control of the company after its listing through a dual-class share structure. Under the arrangement, Musk holds approximately 42% of SpaceX's equity but controls roughly 79% of its votes through super-voting shares that carry disproportionately higher voting rights per share. Ordinary shares sold to public investors will carry standard voting rights, meaning buyers will gain an economic stake in the company but no meaningful ability to influence its direction. The prospectus is the first document to give public investors a detailed look at SpaceX's financials. The company's core launch and Starlink broadband businesses generated $15 billion to $16 billion in annual revenue in 2025, with profits of approximately $8 billion. Starlink, the satellite internet business, ended 2025 with roughly 9.2 million subscribers and more than $10 billion in revenue. The overall $1.75 trillion target valuation implies a revenue multiple of approximately 100x, a figure that reflects investor bets on future growth across Starlink, Starship, and the xAI artificial intelligence operations rather than current financial performance. SpaceX acquired xAI, Musk's AI startup and the parent of social media platform X, in February 2026 in an all-stock transaction that valued the combined entity at $1.25 trillion, xAI at approximately $250 billion and SpaceX at $1 trillion. The merger fundamentally changes the IPO narrative: SpaceX is no longer purely a launch and satellite company but also an AI infrastructure play, with xAI's Grok models integrated into Starlink network management and what the company has described as an "Orbital AI Data Centers" initiative combining satellite connectivity with edge computing. The prospectus is expected to contain the first consolidated financial statements of the merged entity. The governance structure has drawn criticism ahead of the offering. The dual-class design, common among major US technology companies including Meta and Alphabet, is being used here at a more extreme ratio than typical. Critics note that public investors who buy SpaceX shares at what would be a record valuation would have almost no ability to challenge management decisions, replace board members, or respond to governance failures. Former Fidelity fund manager George Noble described the structure as "the most SHAMELESS structural manipulation of a major index" in a widely shared post, arguing that the arrangement effectively turns retail investors into exit liquidity for early insiders who acquired shares at far lower private-market prices. Donald Trump Jr, the US president's eldest son, is among the current SpaceX shareholders, holding shares through 1789 Capital, a venture firm he joined after his father's election victory. SpaceX is targeting a June listing on the Nasdaq, targeting a raise of up to $75 billion, more than 2.5 times the $29.4 billion raised by Saudi Aramco in 2019, the current record. The offering includes an unusual retail component: up to 30% of shares are expected to be allocated to individual investors, roughly three times the typical norm on a large IPO. Bank of America, Goldman Sachs, JPMorgan Chase, and Morgan Stanley are acting as senior underwriters. If the offering proceeds at the $1.75 trillion valuation, SpaceX would list as one of the ten most valuable public companies on earth, behind only Nvidia, Apple, Alphabet, Microsoft, and Amazon among current S&P 500 constituents. The prospectus is required to be public at least 15 days before SpaceX begins its investor roadshow. With a June listing target, the roadshow is expected to begin in the week of 8 June, preceded by testing-the-waters meetings with institutional investors that Reuters reported are already under way. Whether the June target holds depends on market conditions, the Nasdaq has been volatile in recent weeks amid the US-Iran war and spiking oil prices, and IPO experts have noted that even a highly anticipated offering can struggle if market sentiment turns sharply negative in the days before pricing.
Amazon To Invest Up To $25 Billion In Anthropic As AI Partnership Deepens
Amazon plans $25 billion Anthropic investment, boosting AI partnership and cloud demand as competition intensifies in global artificial intelligence race. Amazon announced Monday it will invest up to $25 billion in artificial intelligence startup Anthropic, significantly expanding their strategic partnership as competition intensifies in the global AI race. The deal includes an immediate $5 billion investment, with an additional $20 billion contingent on meeting specific commercial milestones. The new funding builds on the $8 billion Amazon has already committed to Anthropic. In return, Anthropic has agreed to spend more than $100 billion over the next decade on Amazon's cloud infrastructure, underscoring the tech giant's central role as a provider of computing power for advanced AI systems. The agreement is expected to secure massive computing resources for Anthropic, the developer of the Claude AI models, as it scales up to compete with rivals. The company said it plans to bring online roughly one gigawatt of capacity using Amazon's Trainium2 and Trainium3 chips by the end of the year, with a long-term goal of reaching up to five gigawatts. Amazon CEO Andy Jassy said Anthropic's adoption of the company's custom-designed chips highlights progress in their collaboration on specialized AI hardware. While Amazon has faced challenges generating excitement around its own AI models, such as Nova, it remains a dominant force in cloud computing -- the backbone of the AI industry. The company said it expects to spend around $200 billion on capital expenditures this year, largely focused on AI development. The Anthropic investment is part of a broader push by Amazon to align itself with leading AI developers. Earlier this year, the company said it would invest up to $50 billion in OpenAI, the creator of ChatGPT. Anthropic is positioning itself to lead in key areas such as coding and design-focused AI systems, while Amazon aims to expand adoption of its proprietary silicon chips for both training and running AI models. The partnership highlights a growing trend in the tech industry, where major cloud providers and AI startups are forging deep financial and technical alliances to secure the vast computing resources required to build next-generation artificial intelligence.
Space investment in first quarter hits record as SpaceX IPO buzz lifts sector By Reuters
April 21 (Reuters) - Global investment in space companies surged to a record in the first quarter of 2026, driven by larger late-stage financing and growing investor enthusiasm over SpaceX's public market debut, data from investment firm Seraphim Space showed on Tuesday. Funding reached $7.95 billion during the quarter, nearly double the $3.93 billion in the previous three-month period, pushing the trailing 12-month investment to an all-time high of $18.8 billion. Deal count also rose to 159 transactions, bringing the annual total to a record 654. The increase in capital deployment was largely attributed to bigger cheque sizes rather than a sharp increase in deal volume, with average deal size climbing to $68 million from $35.1 million in fourth quarter. The largest transaction was U.S.-based Saronic's $1.75 billion round, one of the biggest space financings on record, the report said. "The market today definitely feels 'risk-on' with capital moving quickly into perceived category leaders," said Lucas Bishop, investment associate at Seraphim Space, pointing to a convergence of tailwinds, including defense spending, renewed lunar ambitions and investor anticipation around SpaceX's IPO. A SpaceX IPO could provide a landmark liquidity event for early investors and employees, while also creating a valuation benchmark, improving exit visibility for venture-backed space companies. Elon Musk's rocket maker will host an analyst day on Tuesday, Reuters reported earlier this month. North America accounted for roughly 70% of total funding in the first quarter, while Europe posted its strongest performance since 2022 and Asia contributed more than $1.2 billion. Notably, investment has shifted beyond traditional satellite communications, with significantly more capital flowing into emerging segments such as in-space infrastructure, including space stations and data centers, reflecting a broadening of the sector's addressable market. Recent developments have also highlighted continued momentum in satellite connectivity, with Amazon saying last week it would acquire Globalstar for $11.6 billion.
SpaceX IPO filing reveals Starlink revenue soared 842% to $4.4B in two years
SpaceX's IPO filing shows Starlink revenue soared 842% to $4.42B in two years. The SpaceX IPO by March 31, 2026, market sits at 0% YES, while the June 30 market prices at YES. The SpaceX IPO by June 30 market is at YES, down from 76% yesterday but up from 44% a week ago. Traders are pricing in the IPO's likelihood within the next 71 days. The September 30 market is at YES. The April 30 market is at 0%, meaning traders see no chance of the IPO happening in the next 10 days. Daily volume in the June 30 market is $5,559, with $1,571 needed to move it 5 points, which indicates moderate liquidity. The largest recent move was a 2-point drop at 4:27 PM. Starlink's revenue growth and SpaceX's cash reserves give traders reason to price the IPO as likely. The dual-class share structure that maintains Musk's control may deter some investors. At , a YES share for a June 30 IPO pays $1 if correct, a return. Traders betting on a summer IPO need to believe regulatory approvals and market conditions work out by then. Watch for SEC filing status updates, Starship test flights, or Elon Musk confirming IPO specifics. Any of these could move odds sharply.
SpaceX successfully launches GPS satellite
Washington, USA: The US Space Exploration Technologies Corp (SpaceX) successfully launched on Tuesday the last of the GPS III satellites dedicated to developing the Global Positioning System (GPS) for the United States Space Force, aboard a Falcon 9 launch vehicle. A statement issued by the SpaceX said that the Falcon 9 rocket carrying the satellite was launched from the Cape Canaveral Space Force Station in Florida, USA, where this new satellite aims to provide navigation services three times more accurate and enhanced jamming resistance. The corporation said that the first stage of the rocket returned to Earth successfully about 8.5 minutes after launch, landing on a floating platform in the Atlantic Ocean for use in future missions. Meanwhile, the upper stage continued its propulsion toward medium Earth orbit, deploying the GPS III SV10 there about 90 minutes after launch. Today's launch is the seventh flight of this particular booster, and it also represents the completion of the third generation of GPS satellites.
Vercel Confirms Cyber Incident
Next.js developer Vercel has confirmed a cyber-incident conducted by a "highly sophisticated" attacker which may have resulted in threat actors getting hold of sensitive internal data. The US firm, which provides developer tools and cloud infrastructure, said in an updated April 21 notice that the unauthorized access originated from an employee's use of a third-party tool, Context.ai. "The attacker used that access to take over the employee's Vercel Google Workspace account, which enabled them to gain access to some Vercel environments and environment variables that were not marked as sensitive," it added. "Environment variables marked as 'sensitive' in Vercel are stored in a manner that prevents them from being read, and we currently do not have evidence that those values were accessed." Read more on Vercel: NCSC Urges Users to Patch Next.js Flaw Immediately Vercel claimed that the attacker was "highly sophisticated based on their operational velocity and detailed understanding of Vercel's systems". However, it confirmed that none of its npm packages were compromised and there's no evidence of tampering, meaning projects like popular React framework Next.js are safe. Vercel said it has already reached out to "a limited subset of customers whose non-sensitive environment variables stored on Vercel" were compromised. According to screenshots posted to X (formerly Twitter), a threat actor purporting to be part of the ShinyHunters collective is trying to extort Vercel to the tune of $2m. They claim to have access to multiple employee accounts "with access to several internal deployments," as well as API keys, npm/GitHub tokens, source code and databases. As it works with Mandiant to ascertain the validity of the threat actor's claims, Vercel has issued the following advice for customers: Cory Michal, CISO at AppOmni, traced the breach back to the OAuth access Context.ai provided to the Vercel employee's Google Workspace account. "Once a user authorizes one app, that trust can extend into email, identity, CRM, development, and other systems in ways many organizations do not fully inventory or monitor, which makes a single compromised integration a powerful pivot point," he added. "The key lesson is that third-party risk management cannot stop at reviewing a vendor's SOC 2 report or penetration test results. Organizations need continuous visibility into how third-party applications are actually connected across their SaaS estate, what OAuth grants and integration tokens they hold, and how those relationships could be abused if one provider is compromised."
Anthropic weighs in on Australian productivity debate
Artificial intelligence company Anthropic has ramped up its Australian charm offensive, offering to share internal data with the federal government and collaborate on boosting AI uptake to unlock productivity gains. In the only submission from an AI platform to a parliamentary inquiry into productivity -- the San Francisco-based company behind Claude says AI is already delivering "large, measurable" time savings on economically significant tasks and could lift labour productivity by 1% to 1.8% a year over the next decade.
Space investment in first quarter hits record as SpaceX IPO buzz lifts sector
April 21 : Global investment in space companies surged to a record in the first quarter of 2026, driven by larger late-stage financing and growing investor enthusiasm over SpaceX's public market debut, data from investment firm Seraphim Space showed on Tuesday. Funding reached $7.95 billion during the quarter, nearly double the $3.93 billion in the previous three-month period, pushing the trailing 12-month investment to an all-time high of $18.8 billion. Deal count also rose to 159 transactions, bringing the annual total to a record 654. The increase in capital deployment was largely attributed to bigger cheque sizes rather than a sharp increase in deal volume, with average deal size climbing to $68 million from $35.1 million in fourth quarter. The largest transaction was U.S.-based Saronic's $1.75 billion round, one of the biggest space financings on record, the report said. "The market today definitely feels 'risk-on' with capital moving quickly into perceived category leaders," said Lucas Bishop, investment associate at Seraphim Space, pointing to a convergence of tailwinds, including defense spending, renewed lunar ambitions and investor anticipation around SpaceX's IPO. A SpaceX IPO could provide a landmark liquidity event for early investors and employees, while also creating a valuation benchmark, improving exit visibility for venture-backed space companies. Elon Musk's rocket maker will host an analyst day on Tuesday, Reuters reported earlier this month. North America accounted for roughly 70 per cent of total funding in the first quarter, while Europe posted its strongest performance since 2022 and Asia contributed more than $1.2 billion. Notably, investment has shifted beyond traditional satellite communications, with significantly more capital flowing into emerging segments such as in-space infrastructure, including space stations and data centers, reflecting a broadening of the sector's addressable market. Recent developments have also highlighted continued momentum in satellite connectivity, with Amazon saying last week it would acquire Globalstar for $11.6 billion.
SpaceX to woo Wall Street with three-day analyst meet this week
SpaceX is moving ahead with plans for one of the most anticipated IPOs in history as it hosts analysts this week for three days of closed-door meetings at its launch facility in Texas and mega-sized data center in Tennessee, according to three people familiar with the matter. Elon Musk's company is holding the briefings for Wall Street's top aerospace and technology analysts as it looks to raise US$75-billion, in an IPO that would be the world's biggest ever, with executives targeting a late June trading debut. SpaceX's trillion-dollar IPO could force Canadians to buy in The presentations kick off with an all-day meeting and analyst tour on Tuesday at the satellite and rocket maker's Starbase launch facilities in Boca Chica, Texas, the sources said. Another group of analysts representing institutional investors, including big mutual funds and pension plans, will be briefed in a separate session at Starbase on Wednesday, they added. On Thursday, the analysts have been invited to review the company's "Macrohard" project at its Colossus data center in Memphis, Tennessee, they said. Attendees are expected to surrender electronic devices to participate in the meetings, said one of the sources, who all spoke on condition of anonymity as the information was not public. SpaceX did not respond to a request for comment. Reuters was the first to report on the plans to host analysts earlier this month. The inclusion of Starbase on the tour and the three days of briefings have not been reported previously. Analyst days are a standard part of the IPO process, in which companies brief analysts on their business, financial outlook and long-term strategy ahead of a public listing. Some of the analysts set to attend have also received copies of SpaceX's confidential registration filing, though the document contained limited information, two of the sources said. The filing, excerpts of which were reviewed by Reuters, gives investors the first look at SpaceX's financial health after Musk combined the rocket maker with his social media and AI company xAI this year. The combined company ended 2025 with about US$24.7-billion in cash on hand, but more than US$50-billion in liabilities. SpaceX swung to a US$4.94-billion consolidated loss in 2025 on US$18.67-billion in revenue 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, the excerpts show. About two weeks after the analyst days, SpaceX is expected to hold a separate "modeling" day for a select group of Wall Street analysts, some of whose banks are working on the deal, two of the people said. At such sessions, companies typically walk analysts through financial projections, business thesis and the other key data that will help analysts calculate earnings estimates before the listing. SpaceX Chief Financial Officer Bret Johnsen has about two months to convince some of Wall Street's top analysts, and ultimately investors, that the company is worth an almost unfathomable US$1.75-trillion. Musk merged xAI with SpaceX in February, bringing under one roof the-billionaire's rockets, Starlink satellites, the X social media platform and Grok AI chatbot. The combination created a tech and aerospace conglomerate like no other, but it also makes valuing SpaceX tricky. To justify the US$75-billion Musk hopes to raise as well as the lofty valuation, at least one large institutional investor has been using unusual benchmarks to explain the math, Reuters previously reported. Rather than comparing SpaceX to legacy aerospace and telecom giants like Boeing and AT&T, that investor has been benchmarking it against Palantir Technologies and artificial intelligence infrastructure companies like GE Vernova and Vertiv -- a framework described to Reuters by a person familiar with the valuation discussions. RETAIL INVESTORS Musk also plans to reward the retail investors who have sent shares of electric vehicle company Tesla to illogical heights, trading at a valuation closer to a tech company than an automaker. He plans to set aside some 30 per cent of SpaceX shares for retail investors, hosting 1,500 to tour Starbase after the roadshow kicks off in the June 8 week, people familiar with the matter have told Reuters. Musk is also opening up initial share sales to international retail investors from the UK, EU, Australia, Canada, Japan and Korea, Reuters previously reported. The structure of the deal and precise amount of the retail allocation are expected to be finalized closer to the IPO launch. Morgan Stanley, Bank of America, Citigroup, JPMorgan and Goldman Sachs are leading the deal as active bookrunners, with 16 other banks in smaller roles spanning institutional, retail and international channels, Reuters previously reported. Musk will retain voting control of SpaceX after the satellite and rocket maker goes public later this year through a dual-class share structure that limits other investors' say over corporate decisions, the IPO filing shows.
Amazon to Invest $25BN in Anthropic
Anthropic will use Amazon's customer-designed AI chips to run their models. Amazon is set to invest up to $25 billion in Anthropic, the tech giant said, as the AI firm commits to spending over $100 billion on Amazon's cloud technology over the next decade. The deal will start with a $5 billion investment into Anthropic now, with the additional $20 billion set aside for the future and subject to certain conditions. The investment announcement comes after Amazon said it would invest $50 billion in OpenAI, a top rival to Anthropic. Amazon has struggled to cement its own AI model, Nova, in the market, but is making waves as a critical infrastructure provider, leveraging its cloud computing power to benefit from the AI race. Anthropic, like many AI firms, is also seeking large deals for cloud and data resources to power their AI models. The AI firm anticipates it will bring about one gigawatt of capacity through Trainium2 and Tranium3 chips by the end of this year, with expectations it will gain five gigawatts of this capacity. The use of the custom-designed AI chips from Amazon "reflects the progress we've made together on custom silicon," Amazon CEO Andy Jassy said. The deal matches each firms' individual goals - Anthropic needs more compute power to test its models focussing on coding and designed to win the AI race, and Amazon needs more customers for their AI chips. Amazon is expecting to spend £200 billion on capital expenditure this year, mainly for AI developments as it cements itself as a critical infrastructure provider in the industry. The deal saw Amazon's shares rise 2.7% in extended trading.
German central bank chief urges wide access to Anthropic's Mythos AI model
'Claude Mythos AI model seems to be a double-edged sword,' Joachim Nagel said German central bank chief Joachim Nagel has urged all institutions to have access to Anthropic's artificial intelligence Claude Mythos AI, aiming to keep the playing field even and reduce the chances of being misused. The Bundeskbank also issued a warning regarding the unprecedented cyber attacks posed by Mythos AI, capable of identifying critical vulnerabilities in various operational systems and web browsers. Therefore, all the institutions must coordinate to prevent the misuse of powerful AI model to date. "Mythos is an AI model that appears capable of quickly identifying and exploiting security vulnerabilities in financial institutions' software," Nagel said. "This AI model seems to be a double-edged sword, since it could be used not only to improve digital security systems, but also to leverage their vulnerabilities for malicious purposes. All relevant institutions should have access to such technology to avoid competitive distortions," Nagel said in an event. According to Nagel, AI algorithms can also drive inflation by learning to charge excessive prices, without communicating with one another. Other financial institutions, such as the IMF and chiefs of prestigious banking systems are also worried about the growing threats in the wake of Mythos AI. Goldman Sachs CEO David Solomon also revealed he is "hyper aware" of the risk stemming from Mythos AI. "Obviously the LLMs are making rapid progress and we're hyper-aware of the enhanced capabilities of these new models with the help of the US government and the model publishers," Solomon said. Even the Anthropic CEO warned the world of potential risks of Claude Mythos marked by sophisticated cyberattack specifically in the banking sector. And if misused, Mythos can become a serious threat to economies, public safety and national security. Anthropic released the powerful AI model to selected tech giants and organizations under the project glasswing.
John Ternus named Apple CEO, Polymarket contract resolved
Apple officially announced John Ternus as its next CEO, effective September 1, 2026, resolving the Polymarket "Will John Ternus be the next CEO of Apple?" contract at YES. The announcement locks in Ternus's succession, which traders had already priced in. The CEO market is now resolved with a definitive answer. Speculation on this contract is over. Traders who bet on Ternus have secured their payout. With the market closed, attention shifts to how Ternus will handle Apple's dependence on Chinese manufacturing amid ongoing geopolitical tensions. The resolution doesn't change Apple's immediate operations, but it frames how the company might operate under Ternus. Apple's reliance on China for manufacturing remains a major factor, and Ternus will face supply chain decisions shaped by US-China friction from day one. For traders, the next thing to watch is Ternus's early moves as CEO. Any announcements about Apple's supply chain strategy, particularly regarding China, could drive activity in related prediction markets.
Amazon commits up to $25bn investment in Anthropic
Amazon has agreed to make an investment of $5bn in Anthropic, with the possibility of up to a further $20bn in future investment tied to specific commercial targets. Alongside the previous commitment of $8bn, Amazon's total potential investment in the Claude developer would rise to $33bn. Additionally, the two firms have expanded their partnership with an arrangement that will see Anthropic secure up to 5GW of Amazon's Trainium chips, including present and future generations. This move is expected to support the development and deployment of Anthropic's advanced AI models. Anthropic has also pledged to spend more than $100bn over the next decade on AWS technologies. This will cover current and future Trainium chips, as well as tens of millions of Graviton CPU cores. Anthropic's AI models, including the Claude family, will use these chips for training and inference workloads. Significant Trainium3 chip capacity will be available later this year, as part of the expanded infrastructure agreement. The companies also plan to extend international inference capabilities across Asia and Europe to support Anthropic's growing global user base. Currently, more than 100,000 organisations are said to use Anthropic's Claude models through AWS, making it a widely adopted model family on Amazon's Bedrock inference service. Anthropic CEO and co-founder Dario Amodei said: "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. "Our collaboration with Amazon will allow us to continue advancing AI research while delivering Claude to our customers, including the more than 100,000 building on AWS." Currently, AWS runs most of its inference on Trainium chips. According to Amazon, both Trainium and Graviton technologies are used by over 100,000 customers each. Anthropic uses AWS as its main cloud and training provider for mission-critical workloads. As part of the agreement, AWS customers now have direct access to Anthropic's full Claude Platform from their existing AWS accounts. This eliminates the need for separate contracts, credentials, or billing processes. The integration allows users to employ AWS' existing access controls and monitoring systems. Whether customers access the Claude Platform on AWS or Anthropic's models through Amazon Bedrock, both companies aim to streamline access to AI tools for customers. Amazon CEO Andy Jassy said: "Anthropic's commitment to run its large language models on AWS Trainium for the next decade reflects the progress we've made together on custom silicon, as we continue delivering the technology and infrastructure our customers need to build with generative AI." In addition, Anthropic and AWS continue to collaborate on large-scale infrastructure, such as Project Rainier, which includes one of the world's largest AI compute clusters, equipped with roughly half a million Trainium2 chips. Project Rainier is used to train and deploy Claude models globally and to build future versions. Anthropic works with Amazon's Annapurna Labs to provide feedback on Trainium chip design, influencing future iterations to meet the demands of frontier AI models. Since the start of their partnership, Amazon and Anthropic have focused on enabling large-scale adoption of generative AI across sectors, providing technology and infrastructure to help customers build and scale AI-driven solutions.
Musk bought $1.4 billion SpaceX shares last year: Report - The Economic Times
Elon Musk increased his stake in SpaceX last year by purchasing $1.4 billion worth of stock from current and former employees. The secondary stock purchase, made through Musk's trust, was disclosed in a draft of SpaceX's confidential IPO prospectus.Elon Musk increased his stake in SpaceX last year by purchasing $1.4 billion worth of stock from current and former employees, The Information reported on Tuesday. The secondary stock purchase, made through Musk's trust, was disclosed in a draft of SpaceX's confidential IPO prospectus, the report said. SpaceX also approved a plan last month that would award the billionaire CEO 60 million additional shares if the company's market capitalisation climbs from $1.1 trillion to as high as $6.6 trillion and the firm completes an ambitious plan of building data centers in space to supply compute for AI developers, The Information said. The stock would vest as SpaceX increases its market cap in $500 billion increments, according to the Information. Reuters could not immediately verify the report. SpaceX did not immediately respond to a request for comment. The company, which confidentially filed for a US listing in March, generated about $8 billion in profit last year on revenue of $15 billion to $16 billion, Reuters reported in January. SpaceX plans to use a dual-class equity structure that gives Class B shareholders 10 votes each, Reuters reported on Tuesday, concentrating power with Musk and a handful of other insiders, while Class A shares sold to public investors will carry one vote each.
Alibaba's Qwen 3.6-Max-Preview challenges Anthropic's top-three AI ranking
Alibaba has released Qwen 3.6-Max-Preview, its most advanced AI model, which outperforms previous benchmarks in coding, knowledge, and instruction following. The release directly affects the "Third Best AI Model End of April" market on Polymarket, where Anthropic's chances of holding a top-three ranking by end of April 2026 are now in question with only ten days left for the market to resolve. Market reaction The Qwen 3.6-Max-Preview release has put downward pressure on confidence in Anthropic's placement. The AI Model Rankings by April market faces a similar dynamic, with Alibaba's new model challenging Anthropic's ability to stay in the top three. Both markets currently lack specific odds, which points to a recalibration period as traders process Alibaba's release. Why it matters Trading volume in the relevant markets is at zero. Traders appear to be waiting for further developments or independent benchmarks before committing. The absence of order book depth means even small trades could move prices significantly, making current positions high-risk. In the related "Best AI Model by May 2026" market, Google holds a 19.5% YES position, and the order book has $169 in depth to move the price five points. What to watch Alibaba's release represents a real competitive shift. Betting on Anthropic maintaining a top-three spot by end of April requires believing either that Anthropic will announce a major breakthrough or that competitors like Alibaba will stumble, all within ten days. A YES share priced at 25¢ would pay $1 if Anthropic secures the third spot, a potential 4x return. Any new benchmark results or model announcements from Anthropic (particularly around Claude Opus 4.7 performance) could move these markets quickly. Watch for updates from AI conferences or benchmark publications that could reshape the leaderboard before the April deadline. API access
Could Anthropic's Mythos destabilize banking systems?
Banks raise alarm over Anthropic's Mythos AI: Could it exploit financial system weaknesses? Regulators from Australia and South Korea have raised concerns regarding Anthropic's AI model Mythos, arguing that it has the potential to destabilize entire banking systems. "ASIC is closely monitoring these developments along with peer regulators to assess possible implications for the Australian market," a spokesperson for the Australian Securities and Investments Commission (ASIC) told Reuters on Monday. The competition watchdog adds that it's engaged in talks with regulators, government agencies, and the financial sector to "understand and respond to changing technologies." The agency emphasized that its top priority is to safeguard customers and clients against risks posed by advanced AI systems. The Australian Prudential Regulation Authority (APRA), the country's banking regulator, echoes ASIC's concerns, stating it will "continue to assess the implications of technological advancements to ensure the ongoing safety and resilience of the financial system." South Korea's Financial Supervisory Service (FSS) and the Financial Services Commission (FSC) told Reuters they had convened with banks and insurance companies to review Mythos-related risks. Ever since Anthropic announced its AI-powered bug detection tool, there have been growing concerns that it could be weaponized to detect and exploit software vulnerabilities. For that very reason, Mythos won't be released to the public. Bug exploitation in the financial sector could be catastrophic, experts say. For example, Kolja Gabriel, a member of the executive board at the German Banking Association, recently announced that German banks, financial watchdog BaFin, and other national authorities are examining the potential risks of AI tools like Mythos. Last week, the National Cyber Security Center (NCSC) in the Netherlands said that Mythos doesn't just detect vulnerabilities; it also uses them in conjunction to construct chain attacks. "This increases the risk that small, seemingly harmless bugs could, when combined, enable a serious attack. At the same time, there is a lack of public technical details to verify the full impact - it is plausible that real vulnerabilities are being exploited, but it is less clear how easily they can be exploited in practice," the agency explained. According to Canadian news outlet The Globe and Mail, the Canadian Financial Sector Resiliency Group (CFRG), the Department of Finance, the Office of the Superintendent of Financial Institutions (OSFI), and executives from Canada's six biggest banks recently gathered to discuss AI-related cybersecurity risks.
NSA Utilizes Anthropic's Mythos Model Amid Pentagon Dispute | ForkLog
NSA uses Anthropic's Mythos model amid Pentagon dispute. The United States National Security Agency (NSA) is employing the much-discussed Mythos model from Anthropic, despite the startup's conflict with the Pentagon. This was reported by Axios, citing sources. Previously, disagreements arose between Anthropic and the Pentagon due to the company's reluctance to allow the use of AI models for mass surveillance of U.S. citizens and the development of autonomous weapons. Consequently, President Donald Trump instructed all federal agencies to completely cease using the AI firm's technologies within six months. In April, Anthropic developed a new model, Claude Mythos, but refrained from releasing it publicly due to high security risks. During several weeks of testing, the neural network identified thousands of zero-day vulnerabilities in major operating systems and web browsers. Instead of a public release, the company launched Project Glasswing -- an initiative involving AWS, Apple, Broadcom, Cisco, CrowdStrike, Google, JPMorgan Chase, Linux Foundation, Microsoft, Nvidia, Palo Alto Networks, and others to test the tool in secure environments. Axios discovered that the NSA is among the undisclosed recipients of the technology. It is unknown how the agency utilizes the startup's artificial intelligence, but others use it to scan their own environments for vulnerabilities. "Currently, the military is expanding the use of Anthropic's tools while simultaneously claiming in court that their application threatens U.S. national security," the journalists noted. Relations between Anthropic and the authorities seem to have warmed. On April 18, the company's CEO, Dario Amodei, discussed potential collaboration opportunities with administration representatives. The meeting was attended by White House Chief of Staff Susie Wiles and Treasury Secretary Scott Bessent. Earlier in April, Anthropic released an environment for running complex and long-term agent tasks -- Claude Managed Agents.
