News & Updates
The latest news and updates from companies in the WLTH portfolio.
How A Roblox Cheat Download Triggered A $2 Million Hack At Vercel
The Vercel Breach Started With A Roblox Cheat. It Ended With The Entire AI-Security Thesis. On a random day in February 2026, an employee at a small AI startup called Context.ai went looking for something on the internet. They were not trying to steal credentials or pivot into a billion-dollar cloud company. They were trying to cheat at Roblox. Specifically, according to Hudson Rock researchers who reverse-engineered the victim's browser history, the employee was searching for and downloading "auto-farm" scripts and game exploit executors, the kind of tool that automates grinding inside an online game. Hidden in one of those downloads was Lumma Stealer, one of the most widely distributed pieces of infostealer malware currently in circulation. What Lumma Stealer does is simple. It waits on the infected machine and quietly exfiltrates every credential the user's browser has ever saved. Google Workspace logins. API keys. Session cookies. OAuth tokens. It does not care which of those belong to a game account and which belong to a company email. It harvests everything and ships it to a criminal marketplace, where it sits until someone figures out what it is worth. For two months, those credentials sat in a database. Then someone noticed the email address belonged to a core engineer at Context.ai, a company that builds AI "Office Suite" agents on top of enterprise Google Workspace accounts. On April 19, 2026, Vercel confirmed that an attacker had used those credentials to breach Context.ai, steal the OAuth tokens of its customers, and pivot into the Google Workspace of a Vercel employee who had signed up for Context.ai's product and granted it "Allow All" permissions on their enterprise account. From there, the attacker moved into Vercel's internal systems and lifted customer environment variables that had not been flagged as sensitive. A threat actor then listed what they claimed was Vercel's internal database for sale on BreachForums at $2 million. One employee. One bad download. Two months later, a $2 million ransom listing against one of the most important cloud development platforms on the internet. This is what an AI supply-chain attack actually looks like. And this is why intelligence alone is no longer a moat. The part of this story that matters for enterprise software is not the malware. Infostealers have been around for years. The part that matters is the OAuth grant. Here is what happened in plain language. A Vercel employee wanted to try a promising new AI tool. They found Context.ai's "AI Office Suite," clicked the sign-up button with their work Google account, and when the permissions screen asked them to grant the tool access to their files and email, they clicked allow. The permissions box, as configured by Context.ai, requested broad read access to the user's entire Google Workspace environment, including Drive. The employee did what most employees do. They did not read the box. They clicked through. Months later, when the attacker took over Context.ai's infrastructure, that single OAuth grant became the bridge. The attacker did not need to hack Vercel. They needed to hack the AI startup whose software a Vercel employee had already given the keys to. Vercel's own post-incident language is worth reading: "The incident originated from a small, third-party AI tool whose Google Workspace OAuth app was the subject of a broader compromise, potentially affecting its hundreds of users across many organizations." Vercel has now rotated environment variables and changed the default setting so that new variables are marked "sensitive" by default. They are, in effect, assuming that the employees at their partner companies will continue to click through OAuth consent screens without reading them, because that is what employees do, and the only way to stop the bleeding is to stop trusting the upstream. The real story is not that Context.ai was sloppy. It is that the enterprise AI era has a trust problem that nobody priced in. For most of the last year, the loudest voices in the market have been declaring that SaaS is dying. AI agents will replace the apps. Workflows will collapse. Software budgets will rotate from seat-based licenses to AI compute. The Vercel breach is the data point that argues back. Here is the underlying claim the Vercel timeline makes: That is why Microsoft and Google Workspace are integrating AI directly into the products enterprises already trust, rather than letting a thousand AI startups build OAuth wrappers around the same data. It is why Oracle, whose revenue growth has surprised the market repeatedly over the last two quarters, keeps selling. A Fortune 500 company will always choose a legacy secure wall over a clever open door. The most valuable incumbents are the ones that already own the identity layer. That is what just got reconfirmed. For a pure-play on this thesis, the most obvious beneficiary is the cybersecurity stack that enterprises will now have to put between themselves and every AI tool their employees want to use. Palo Alto Networks is the clearest example. In the company's FY2025 results released August 18: In May 2025, Palo Alto acquired Protect AI and rolled its technology into a new platform called Prisma AIRS, designed specifically to scan AI models, monitor runtime behavior, manage AI agent identities, and govern the exact kind of third-party OAuth grant that caused the Vercel incident. In other words, they built a product for the attack pattern that was happening before they had a name for it. The logic is direct. Every new AI deployment inside a regulated enterprise now has to pass through a security review. Every security review needs a platform that can govern identity, runtime, and data flow across hundreds of third-party AI tools. A fragmented security stack of point solutions cannot do this, because the Vercel attack moved laterally across systems in a way a single-point tool would have missed. A platform that treats AI security as one problem, rather than twelve tools duct-taped together, is what the next decade of enterprise AI has to run on top of. Palo Alto is not the only company that will benefit. Microsoft benefits. CrowdStrike benefits. CyberArk, which Palo Alto has announced plans to acquire for identity security, benefits. Anyone who owns a piece of the identity or runtime security layer in the enterprise AI stack benefits. The Vercel breach is the starting gun, not the finish line. There is a useful thing to do with an event like this. Separate the part that is a story from the part that is a thesis. The story is that one bored engineer downloading a Roblox cheat script in February 2026 cost one of the most important cloud platforms on the internet enough data to attract a $2 million ransom demand. That is a great story. It will get retold at security conferences for a decade. The thesis is that every enterprise AI deployment now has to pay a security tax, and most of the market has not priced it in. OAuth grants persist. Infostealers are cheap. The list of third-party AI tools that any enterprise has accumulated in the last 18 months is long, loosely governed, and written in a language most CISOs cannot fully audit. The companies that will survive this era are not the ones with the smartest AI. They are the ones the enterprise already trusts enough to let inside the wall. For everyone else, the price of admission just went up.
Trump says Anthropic is 'shaping up,' open to deal with Pentagon - The Economic Times
US President Donald Trump said on Tuesday Anthropic was "shaping up" in the eyes of his administration, opening the door for the AI company to reverse its blacklisting at the Pentagon. Trump directed the government in February to stop working with Anthropic. US President Donald Trump said on Tuesday Anthropic was "shaping up" in the eyes of his administration, opening the door for the AI company to reverse its blacklisting at the Pentagon. Trump directed the government in February 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 AI tools. The company disputes that characterisation 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 ... I think we'll get along with them just fine." When asked if a deal was on the horizon with the Pentagon, Trump said, "It's possible. We want the smartest people." Anthropic, asked for comment, referred to its Friday statement describing its White House meeting as productive and focused on how the two "can work together on key shared priorities such as cybersecurity, America's lead in the AI race, and AI safety." The apparent rapprochement comes weeks after Anthropic unveiled Mythos, its most advanced AI tool, with a potentially unprecedented ability to identify cybersecurity vulnerabilities and devise ways to exploit them, experts have said. Anthropic has said Claude Mythos Preview will not be made generally available. Instead, the company announced Project Glasswing, in which it invited major tech companies, cybersecurity vendors and US bank JPMorgan Chase, along with several dozen other organizations, to privately evaluate the model and prepare defenses accordingly. Anthropic cofounder Jack Clark said last week the firm was discussing its frontier AI model Mythos with the Trump administration without providing details.
Trump Froze Out Anthropic -- Now He Says They're 'Very Smart'
Anthropic is moving closer to restoring ties with the U.S. Department of Defense after President Donald Trump said the artificial intelligence company was improving its standing with his administration, raising the prospect that the Pentagon could revisit its ban. Trump's comments followed a White House meeting with Anthropic CEO Dario Amodei and White House officials to discuss collaboration and guardrails around advanced AI systems. Anthropic said the discussion centered on how the two "can work together on key shared priorities such as cybersecurity, America's lead in the AI race and AI safety." Reuters reported that Trump told CNBC's "Squawk Box" he believed the company was "shaping up" and suggested an agreement with the Pentagon could be possible. He added, "It's possible. We want the smartest people." Anthropic has pushed back on that assessment and sued the Defense Department in March over the designation. In the background, Anthropic has been drawing attention for its new AI model Mythos, which it has described as its "most advanced model" and which experts have said could spot software security flaws and map out ways to exploit them. The company has said the Claude Mythos Preview won't be broadly released and instead is being tested through Project Glasswing with selected partners, including JPMorgan Chase, Apple, Google, Microsoft, among others. Anthropic co-founder Jack Clark said last week the company was in discussions with the Trump administration about Mythos, without sharing further details. Photo: Shutterstock This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors. Market News and Data brought to you by Benzinga APIs To add Benzinga News as your preferred source on Google, click here.
Railway overbridge delay sparks traffic chaos in Tarn Taran village - The Tribune
There appears to be little hope for the timely completion of the four-lane railway overbridge (ROB) near Kakka Kandiala village at the A-25 railway line crossing in Tarn Taran. This comes despite earlier claims by Cabinet Minister Harbhajan Singh ETO that the project would be completed ahead of the prescribed deadline. As a result, residents of the area are likely to face traffic-related hardships for several more months. Commuters have already been dealing with significant inconvenience for over two years. With traffic closed on the Kakka Kandiala road, vehicles are being diverted through the roads of Tarn Taran town, leading to frequent congestion since the beginning of the ROB construction. The foundation stone for the project was laid in January 2024, with an initial completion deadline set for June 2026 at an estimated cost of Rs 82.88 crore. During a site visit in May 2025, Minister Harbhajan Singh ETO announced that the project would instead be completed six months earlier, say by December 2025. The minister had also claimed that early completion would reduce the project cost to Rs 70 crore, resulting in savings of Rs 12.88 crore from the initially projected Rs 82.88 crore. However, Simranjit Singh, Executive Engineer (XEN), PWD (B&R), Amritsar, stated that the work is now expected to take another five to six months. At the current pace observed at the site, this timeline also appears difficult to achieve. The officer maintained that work is progressing on a war footing but acknowledged challenges. He explained that the project involves coordination not only with the state government but also with the Ministry of Railways, which has caused procedural delays. Additionally, issues related to funding have contributed to the slow progress. Due to the closure of the Kakka Kandiala road, both heavy and light traffic has been rerouted through Tarn Taran town, where roads remain frequently congested. Traffic jams have become a routine issue for residents. Dr Sukhdev Singh Lauhuka, a former councillor and social worker, has urged the district administration to closely monitor the project and ensure its completion by June, as originally promised at the time of its inauguration. He added that the slow pace of construction is causing inconvenience not only to residents of Tarn Taran but also to commuters travelling by buses to the holy city.
Rocket Lab: A Buy Ahead Of SpaceX IPO (NASDAQ:RKLB)
Neutron delay to Q4 FY26 extends cash burn, while early launches are expected to carry negative margins before long-term scale economics improve. As capital floods into the space sector ahead of a potential SpaceX IPO, attention has shifted sharply, almost aggressively toward the next big thing. Since my last coverage Rocket Lab's (RKLB) stock performance was muted and Hi, I'm Yiannis. Spotting winners before they break out is what I do best.Experience: Previously worked at Deloitte and KPMG in external/internal auditing and consulting. Education: Chartered Certified Accountant, Fellow Member of ACCA Global, with BSc and MSc degrees from U.K. business schools. Investment Style: Spotting high-potential winners before they break out, focusing on asymmetric opportunities (with at least upside potential of 3-5X outweighing the downside risk). By leveraging market inefficiencies and contrarian insights, we seek to maximize long-term compounding while protecting against capital impairment.Risk management is paramount -- we seek a strong margin of safety to protect against capital impairment while maximizing long-term compounding. Our 2-3 year investment horizon allows us to ride out volatility, ensuring that patience, discipline, and intelligent capital allocation drive outsized returns over time. 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.
AI startup Anthropic commits $100 billion to Amazon's AWS over next 10 years
Artificial intelligence company Anthropic has agreed to commit more than $100 billion to Amazon's AWS cloud platform over the next 10 years to train and run its Claude chatbot. Amazon will invest $5 billion immediately as part of the new agreement announced this week by the companies, and up to another $20 billion in the future. Amazon previously invested $8 billion in Anthropic. The partnership will allow Anthropic to secure up to 5 gigawatts of Amazon's Trainium chips to train and power their artificial intelligence models. "Our custom AI silicon offers high performance at significantly lower cost for customers, which is why it's in such hot demand," said Amazon CEO Andy Jassy. Amazon said AWS customers will be able to access the full Anthropic-native Claude console from within the AWS cloud platform. Earlier this year, privately-held Anthropic said its valuation grew to $380 billion, positioning itself alongside rivals OpenAI and Elon Musk's rocket maker SpaceX, which recently merged with his AI startup xAI, maker of the chatbot Grok. Renaissance Capital, which researches the potential for initial public offerings, counts Anthropic as third among the most valuable private firms, behind SpaceX and ChatGPT maker OpenAI, valued at $500 billion. Anthropic and Amazon have partnered since 2023 to accelerate generative AI adoption for customers to build, deploy, and scale AI applications. Amazon says 100,000 customers run Anthropic Claude models on AWS. In February, the Trump administration ordered all U.S. agencies to stop using Anthropic's artificial intelligence technology and imposed other major penalties for refusing to allow the U.S. military unrestricted use of its AI technology. In an unusually public clash between the government and the company, President Donald Trump, Defense Secretary Pete Hegseth and other officials took to social media to chastise Anthropic, accusing it of endangering national security. Anthropic CEO Dario Amodei refused to back down over concerns the company's products could be used in ways that would violate its safeguards. Anthropic said it would challenge what it called an unprecedented and legally unsound action "never before publicly applied to an American company." Earlier this month, a federal appeals court refused to block the Pentagon from blacklisting artificial intelligence laboratory Anthropic in a decision that differed from the conclusions reached in another judge's ruling on the same issues. Anthropic is not yet profitable but said in February that it's on track for sales of $14 billion over the next year. Anthropic was founded by ex-OpenAI employees in 2021 and released its first version of Claude in 2023, following OpenAI's ChatGPT debut in late 2022.
AI startup Anthropic commits $100 billion to Amazon's AWS over next 10 years
Artificial intelligence company Anthropic has agreed to commit more than $100 billion to Amazon's AWS cloud platform over the next 10 years to train and run its Claude chatbot. Amazon will invest $5 billion immediately as part of the new agreement announced this week by the companies, and up to another $20 billion in the future. Amazon previously invested $8 billion in Anthropic. The partnership will allow Anthropic to secure up to 5 gigawatts of Amazon's Trainium chips to train and power their artificial intelligence models. "Our custom AI silicon offers high performance at significantly lower cost for customers, which is why it's in such hot demand," said Amazon CEO Andy Jassy. Amazon said AWS customers will be able to access the full Anthropic-native Claude console from within the AWS cloud platform. Earlier this year, privately-held Anthropic said its valuation grew to $380 billion, positioning itself alongside rivals OpenAI and Elon Musk's rocket maker SpaceX, which recently merged with his AI startup xAI, maker of the chatbot Grok. Renaissance Capital, which researches the potential for initial public offerings, counts Anthropic as third among the most valuable private firms, behind SpaceX and ChatGPT maker OpenAI, valued at $500 billion. Anthropic and Amazon have partnered since 2023 to accelerate generative AI adoption for customers to build, deploy, and scale AI applications. Amazon says 100,000 customers run Anthropic Claude models on AWS. In February, the Trump administration ordered all U.S. agencies to stop using Anthropic's artificial intelligence technology and imposed other major penalties for refusing to allow the U.S. military unrestricted use of its AI technology. In an unusually public clash between the government and the company, President Donald Trump, Defense Secretary Pete Hegseth and other officials took to social media to chastise Anthropic, accusing it of endangering national security. Anthropic CEO Dario Amodei refused to back down over concerns the company's products could be used in ways that would violate its safeguards. Anthropic said it would challenge what it called an unprecedented and legally unsound action "never before publicly applied to an American company." Earlier this month, a federal appeals court refused to block the Pentagon from blacklisting artificial intelligence laboratory Anthropic in a decision that differed from the conclusions reached in another judge's ruling on the same issues. Anthropic is not yet profitable but said in February that it's on track for sales of $14 billion over the next year. Anthropic was founded by ex-OpenAI employees in 2021 and released its first version of Claude in 2023, following OpenAI's ChatGPT debut in late 2022.
AI startup Anthropic commits $100 billion to Amazon's AWS over next 10 years
Artificial intelligence company Anthropic has agreed to commit more than $100 billion to Amazon's AWS cloud platform over the next 10 years to train and run its Claude chatbot. Amazon will invest $5 billion immediately as part of the new agreement announced this week by the companies, and up to another $20 billion in the future. Amazon previously invested $8 billion in Anthropic. The partnership will allow Anthropic to secure up to 5 gigawatts of Amazon's Trainium chips to train and power their artificial intelligence models. "Our custom AI silicon offers high performance at significantly lower cost for customers, which is why it's in such hot demand," said Amazon CEO Andy Jassy. Amazon said AWS customers will be able to access the full Anthropic-native Claude console from within the AWS cloud platform. Earlier this year, privately-held Anthropic said its valuation grew to $380 billion, positioning itself alongside rivals OpenAI and Elon Musk's rocket maker SpaceX, which recently merged with his AI startup xAI, maker of the chatbot Grok. Renaissance Capital, which researches the potential for initial public offerings, counts Anthropic as third among the most valuable private firms, behind SpaceX and ChatGPT maker OpenAI, valued at $500 billion. Anthropic and Amazon have partnered since 2023 to accelerate generative AI adoption for customers to build, deploy, and scale AI applications. Amazon says 100,000 customers run Anthropic Claude models on AWS. In February, the Trump administration ordered all U.S. agencies to stop using Anthropic's artificial intelligence technology and imposed other major penalties for refusing to allow the U.S. military unrestricted use of its AI technology. In an unusually public clash between the government and the company, President Donald Trump, Defense Secretary Pete Hegseth and other officials took to social media to chastise Anthropic, accusing it of endangering national security. Anthropic CEO Dario Amodei refused to back down over concerns the company's products could be used in ways that would violate its safeguards. Anthropic said it would challenge what it called an unprecedented and legally unsound action "never before publicly applied to an American company." Earlier this month, a federal appeals court refused to block the Pentagon from blacklisting artificial intelligence laboratory Anthropic in a decision that differed from the conclusions reached in another judge's ruling on the same issues. Anthropic is not yet profitable but said in February that it's on track for sales of $14 billion over the next year. Anthropic was founded by ex-OpenAI employees in 2021 and released its first version of Claude in 2023, following OpenAI's ChatGPT debut in late 2022.
AI startup Anthropic commits $100 billion to Amazon's AWS over next 10 years
Artificial intelligence company Anthropic has agreed to commit more than $100 billion to Amazon's AWS cloud platform over the next 10 years to train and run its Claude chatbot. Amazon will invest $5 billion immediately as part of the new agreement announced this week by the companies, and up to another $20 billion in the future. Amazon previously invested $8 billion in Anthropic. The partnership will allow Anthropic to secure up to 5 gigawatts of Amazon's Trainium chips to train and power their artificial intelligence models. "Our custom AI silicon offers high performance at significantly lower cost for customers, which is why it's in such hot demand," said Amazon CEO Andy Jassy. Amazon said AWS customers will be able to access the full Anthropic-native Claude console from within the AWS cloud platform. Earlier this year, privately-held Anthropic said its valuation grew to $380 billion, positioning itself alongside rivals OpenAI and Elon Musk's rocket maker SpaceX, which recently merged with his AI startup xAI, maker of the chatbot Grok. Renaissance Capital, which researches the potential for initial public offerings, counts Anthropic as third among the most valuable private firms, behind SpaceX and ChatGPT maker OpenAI, valued at $500 billion. Anthropic and Amazon have partnered since 2023 to accelerate generative AI adoption for customers to build, deploy, and scale AI applications. Amazon says 100,000 customers run Anthropic Claude models on AWS. In February, the Trump administration ordered all U.S. agencies to stop using Anthropic's artificial intelligence technology and imposed other major penalties for refusing to allow the U.S. military unrestricted use of its AI technology. In an unusually public clash between the government and the company, President Donald Trump, Defense Secretary Pete Hegseth and other officials took to social media to chastise Anthropic, accusing it of endangering national security. Anthropic CEO Dario Amodei refused to back down over concerns the company's products could be used in ways that would violate its safeguards. Anthropic said it would challenge what it called an unprecedented and legally unsound action "never before publicly applied to an American company." Earlier this month, a federal appeals court refused to block the Pentagon from blacklisting artificial intelligence laboratory Anthropic in a decision that differed from the conclusions reached in another judge's ruling on the same issues. Anthropic is not yet profitable but said in February that it's on track for sales of $14 billion over the next year. Anthropic was founded by ex-OpenAI employees in 2021 and released its first version of Claude in 2023, following OpenAI's ChatGPT debut in late 2022.
AI startup Anthropic commits $100 billion to Amazon's AWS over next 10 years
Artificial intelligence company Anthropic has agreed to commit more than $100 billion to Amazon's AWS cloud platform over the next 10 years to train and run its Claude chatbot. Amazon will invest $5 billion immediately as part of the new agreement announced this week by the companies, and up to another $20 billion in the future. Amazon previously invested $8 billion in Anthropic. The partnership will allow Anthropic to secure up to 5 gigawatts of Amazon's Trainium chips to train and power their artificial intelligence models. "Our custom AI silicon offers high performance at significantly lower cost for customers, which is why it's in such hot demand," said Amazon CEO Andy Jassy. Amazon said AWS customers will be able to access the full Anthropic-native Claude console from within the AWS cloud platform. Earlier this year, privately-held Anthropic said its valuation grew to $380 billion, positioning itself alongside rivals OpenAI and Elon Musk's rocket maker SpaceX, which recently merged with his AI startup xAI, maker of the chatbot Grok. Renaissance Capital, which researches the potential for initial public offerings, counts Anthropic as third among the most valuable private firms, behind SpaceX and ChatGPT maker OpenAI, valued at $500 billion. Anthropic and Amazon have partnered since 2023 to accelerate generative AI adoption for customers to build, deploy, and scale AI applications. Amazon says 100,000 customers run Anthropic Claude models on AWS. In February, the Trump administration ordered all U.S. agencies to stop using Anthropic's artificial intelligence technology and imposed other major penalties for refusing to allow the U.S. military unrestricted use of its AI technology. In an unusually public clash between the government and the company, President Donald Trump, Defense Secretary Pete Hegseth and other officials took to social media to chastise Anthropic, accusing it of endangering national security. Anthropic CEO Dario Amodei refused to back down over concerns the company's products could be used in ways that would violate its safeguards. Anthropic said it would challenge what it called an unprecedented and legally unsound action "never before publicly applied to an American company." Earlier this month, a federal appeals court refused to block the Pentagon from blacklisting artificial intelligence laboratory Anthropic in a decision that differed from the conclusions reached in another judge's ruling on the same issues. Anthropic is not yet profitable but said in February that it's on track for sales of $14 billion over the next year. Anthropic was founded by ex-OpenAI employees in 2021 and released its first version of Claude in 2023, following OpenAI's ChatGPT debut in late 2022.
Anthropic just inked a massive AI infrastructure deal with Amazon
Big Tech is its own best customer, and the Claude creator's new contract is the latest proof of that. Anthropic has struck a huge new deal with Amazon that'll give the AI startup more computing power and fresh investment. What does this mean? Anthropic is growing so quickly that its infrastructure is starting to creak. Annualized revenue has hit $30 billion, and demand for tools like Claude Code has surged so fast that the company has at times struggled to serve customers reliably. ▶ So Anthropic agreed on Monday to spend more than $100 billion over the next decade on Amazon's chips and cloud infrastructure. But Amazon is also (more or less) giving Anthropic the money to do it: it's writing a $5 billion check now - on top of the $8 billion it's alrea..
AI startup Anthropic commits $100 billion to Amazon's AWS over next 10 years
Artificial intelligence company Anthropic has agreed to commit more than $100 billion to Amazon's AWS cloud platform over the next 10 years to train and run its Claude chatbot. Amazon will invest $5 billion immediately as part of the new agreement announced this week by the companies, and up to another $20 billion in the future. Amazon previously invested $8 billion in Anthropic. The partnership will allow Anthropic to secure up to 5 gigawatts of Amazon's Trainium chips to train and power their artificial intelligence models. "Our custom AI silicon offers high performance at significantly lower cost for customers, which is why it's in such hot demand," said Amazon CEO Andy Jassy. Amazon said AWS customers will be able to access the full Anthropic-native Claude console from within the AWS cloud platform. Earlier this year, privately-held Anthropic said its valuation grew to $380 billion, positioning itself alongside rivals OpenAI and Elon Musk's rocket maker SpaceX, which recently merged with his AI startup xAI, maker of the chatbot Grok. Renaissance Capital, which researches the potential for initial public offerings, counts Anthropic as third among the most valuable private firms, behind SpaceX and ChatGPT maker OpenAI, valued at $500 billion. Anthropic and Amazon have partnered since 2023 to accelerate generative AI adoption for customers to build, deploy, and scale AI applications. Amazon says 100,000 customers run Anthropic Claude models on AWS. In February, the Trump administration ordered all U.S. agencies to stop using Anthropic's artificial intelligence technology and imposed other major penalties for refusing to allow the U.S. military unrestricted use of its AI technology. In an unusually public clash between the government and the company, President Donald Trump, Defense Secretary Pete Hegseth and other officials took to social media to chastise Anthropic, accusing it of endangering national security. Anthropic CEO Dario Amodei refused to back down over concerns the company's products could be used in ways that would violate its safeguards. Anthropic said it would challenge what it called an unprecedented and legally unsound action "never before publicly applied to an American company." Earlier this month, a federal appeals court refused to block the Pentagon from blacklisting artificial intelligence laboratory Anthropic in a decision that differed from the conclusions reached in another judge's ruling on the same issues. Anthropic is not yet profitable but said in February that it's on track for sales of $14 billion over the next year. Anthropic was founded by ex-OpenAI employees in 2021 and released its first version of Claude in 2023, following OpenAI's ChatGPT debut in late 2022.
AI startup Anthropic commits $100 billion to Amazon's AWS over next 10 years
Artificial intelligence company Anthropic has agreed to commit more than $100 billion to Amazon's AWS cloud platform over the next 10 years to train and run its Claude chatbot. Amazon will invest $5 billion immediately as part of the new agreement announced this week by the companies, and up to another $20 billion in the future. Amazon previously invested $8 billion in Anthropic. The partnership will allow Anthropic to secure up to 5 gigawatts of Amazon's Trainium chips to train and power their artificial intelligence models. "Our custom AI silicon offers high performance at significantly lower cost for customers, which is why it's in such hot demand," said Amazon CEO Andy Jassy. Amazon said AWS customers will be able to access the full Anthropic-native Claude console from within the AWS cloud platform. Earlier this year, privately-held Anthropic said its valuation grew to $380 billion, positioning itself alongside rivals OpenAI and Elon Musk's rocket maker SpaceX, which recently merged with his AI startup xAI, maker of the chatbot Grok. Renaissance Capital, which researches the potential for initial public offerings, counts Anthropic as third among the most valuable private firms, behind SpaceX and ChatGPT maker OpenAI, valued at $500 billion. Anthropic and Amazon have partnered since 2023 to accelerate generative AI adoption for customers to build, deploy, and scale AI applications. Amazon says 100,000 customers run Anthropic Claude models on AWS. In February, the Trump administration ordered all U.S. agencies to stop using Anthropic's artificial intelligence technology and imposed other major penalties for refusing to allow the U.S. military unrestricted use of its AI technology. In an unusually public clash between the government and the company, President Donald Trump, Defense Secretary Pete Hegseth and other officials took to social media to chastise Anthropic, accusing it of endangering national security. Anthropic CEO Dario Amodei refused to back down over concerns the company's products could be used in ways that would violate its safeguards. Anthropic said it would challenge what it called an unprecedented and legally unsound action "never before publicly applied to an American company." Earlier this month, a federal appeals court refused to block the Pentagon from blacklisting artificial intelligence laboratory Anthropic in a decision that differed from the conclusions reached in another judge's ruling on the same issues. Anthropic is not yet profitable but said in February that it's on track for sales of $14 billion over the next year. Anthropic was founded by ex-OpenAI employees in 2021 and released its first version of Claude in 2023, following OpenAI's ChatGPT debut in late 2022.
Mattresses and bins found in stormwater drains amid flooding chaos
Mattresses and wheelie bins are among the debris pulled from stormwater systems across Cape Town after a weekend of sustained downpours that triggered widespread localised flooding. According to the City of Cape Town, the impact was felt across both formal and informal residential areas, with at least 480 flooding-related complaints recorded between Friday and early Tuesday morning. The scale of the damage has been stark on the ground. In Dunoon, residents were seen on Monday and Tuesday using wash basins and 20-litre buckets to drain water from their shacks. Inside some homes, wet clothes lay strewn across beds while muddy floors told the story of water that had forced its way indoors. The Sunday Times previously reported on families left stranded, hungry and sleepless as floodwaters drenched their belongings and disrupted daily life. Mayoral committee member for urban mobility Rob Quintas said he visited affected areas, including Parkwood and Dunoon, where teams were working to clear the aftermath. "Water has, for the most part, drained as it should, except in areas where structures have been built illegally over bulk stormwater and sewerage infrastructure. When this happens, our maintenance teams cannot access the systems to clear them," he said. Quintas added that city teams had removed "wildly inappropriate objects" from the drainage system, including mattresses and bins, items that can cause blockages and intensify flooding. He explained that heavy rainfall places pressure on the stormwater network, causing water to back up onto roads, which then act as channels. Low-lying areas, regions near steep terrain and communities close to canals and water bodies are particularly vulnerable. "Stormwater infrastructure is designed to drain water over time, not instantly during heavy downpours," Quintas said, noting that flooding is only considered a system failure if water does not recede after rainfall subsides. The city has activated a multi-departmental response, with urban mobility teams clearing drains, roads infrastructure management providing sand for flood mitigation, and disaster risk management prioritising high-risk areas. Additional funding has also been allocated for proactive stormwater management ahead of the winter season, including expanded maintenance, targeted upgrades in flood-prone zones and early warning systems in partnership with the South African Weather Service. The city has urged residents to dispose of waste responsibly to prevent blockages.
AI startup Anthropic commits $100 billion to Amazon's AWS over next 10 years
Artificial intelligence company Anthropic has agreed to commit more than $100 billion to Amazon's AWS cloud platform over the next 10 years to train and run its Claude chatbot. Amazon will invest $5 billion immediately as part of the new agreement announced this week by the companies, and up to another $20 billion in the future. Amazon previously invested $8 billion in Anthropic. The partnership will allow Anthropic to secure up to 5 gigawatts of Amazon's Trainium chips to train and power their artificial intelligence models. "Our custom AI silicon offers high performance at significantly lower cost for customers, which is why it's in such hot demand," said Amazon CEO Andy Jassy. Amazon said AWS customers will be able to access the full Anthropic-native Claude console from within the AWS cloud platform. Earlier this year, privately-held Anthropic said its valuation grew to $380 billion, positioning itself alongside rivals OpenAI and Elon Musk's rocket maker SpaceX, which recently merged with his AI startup xAI, maker of the chatbot Grok. Renaissance Capital, which researches the potential for initial public offerings, counts Anthropic as third among the most valuable private firms, behind SpaceX and ChatGPT maker OpenAI, valued at $500 billion. Anthropic and Amazon have partnered since 2023 to accelerate generative AI adoption for customers to build, deploy, and scale AI applications. Amazon says 100,000 customers run Anthropic Claude models on AWS. In February, the Trump administration ordered all U.S. agencies to stop using Anthropic's artificial intelligence technology and imposed other major penalties for refusing to allow the U.S. military unrestricted use of its AI technology. In an unusually public clash between the government and the company, President Donald Trump, Defense Secretary Pete Hegseth and other officials took to social media to chastise Anthropic, accusing it of endangering national security. Anthropic CEO Dario Amodei refused to back down over concerns the company's products could be used in ways that would violate its safeguards. Anthropic said it would challenge what it called an unprecedented and legally unsound action "never before publicly applied to an American company." Earlier this month, a federal appeals court refused to block the Pentagon from blacklisting artificial intelligence laboratory Anthropic in a decision that differed from the conclusions reached in another judge's ruling on the same issues. Anthropic is not yet profitable but said in February that it's on track for sales of $14 billion over the next year. Anthropic was founded by ex-OpenAI employees in 2021 and released its first version of Claude in 2023, following OpenAI's ChatGPT debut in late 2022.
AI startup Anthropic commits $100 billion to Amazon's AWS over next 10 years
Artificial intelligence company Anthropic has agreed to commit more than $100 billion to Amazon's AWS cloud platform over the next 10 years to train and run its Claude chatbot. Amazon will invest $5 billion immediately as part of the new agreement announced this week by the companies, and up to another $20 billion in the future. Amazon previously invested $8 billion in Anthropic. The partnership will allow Anthropic to secure up to 5 gigawatts of Amazon's Trainium chips to train and power their artificial intelligence models. "Our custom AI silicon offers high performance at significantly lower cost for customers, which is why it's in such hot demand," said Amazon CEO Andy Jassy. Amazon said AWS customers will be able to access the full Anthropic-native Claude console from within the AWS cloud platform. Earlier this year, privately-held Anthropic said its valuation grew to $380 billion, positioning itself alongside rivals OpenAI and Elon Musk's rocket maker SpaceX, which recently merged with his AI startup xAI, maker of the chatbot Grok. Renaissance Capital, which researches the potential for initial public offerings, counts Anthropic as third among the most valuable private firms, behind SpaceX and ChatGPT maker OpenAI, valued at $500 billion. Anthropic and Amazon have partnered since 2023 to accelerate generative AI adoption for customers to build, deploy, and scale AI applications. Amazon says 100,000 customers run Anthropic Claude models on AWS. In February, the Trump administration ordered all U.S. agencies to stop using Anthropic's artificial intelligence technology and imposed other major penalties for refusing to allow the U.S. military unrestricted use of its AI technology. In an unusually public clash between the government and the company, President Donald Trump, Defense Secretary Pete Hegseth and other officials took to social media to chastise Anthropic, accusing it of endangering national security. Anthropic CEO Dario Amodei refused to back down over concerns the company's products could be used in ways that would violate its safeguards. Anthropic said it would challenge what it called an unprecedented and legally unsound action "never before publicly applied to an American company." Earlier this month, a federal appeals court refused to block the Pentagon from blacklisting artificial intelligence laboratory Anthropic in a decision that differed from the conclusions reached in another judge's ruling on the same issues. Anthropic is not yet profitable but said in February that it's on track for sales of $14 billion over the next year. Anthropic was founded by ex-OpenAI employees in 2021 and released its first version of Claude in 2023, following OpenAI's ChatGPT debut in late 2022.
AI startup Anthropic commits $100 billion to Amazon's AWS over next 10 years
Artificial intelligence company Anthropic has agreed to commit more than $100 billion to Amazon's AWS cloud platform over the next 10 years to train and run its Claude chatbot. Amazon will invest $5 billion immediately as part of the new agreement announced this week by the companies, and up to another $20 billion in the future. Amazon previously invested $8 billion in Anthropic. The partnership will allow Anthropic to secure up to 5 gigawatts of Amazon's Trainium chips to train and power their artificial intelligence models. "Our custom AI silicon offers high performance at significantly lower cost for customers, which is why it's in such hot demand," said Amazon CEO Andy Jassy. Amazon said AWS customers will be able to access the full Anthropic-native Claude console from within the AWS cloud platform. Earlier this year, privately-held Anthropic said its valuation grew to $380 billion, positioning itself alongside rivals OpenAI and Elon Musk's rocket maker SpaceX, which recently merged with his AI startup xAI, maker of the chatbot Grok. Renaissance Capital, which researches the potential for initial public offerings, counts Anthropic as third among the most valuable private firms, behind SpaceX and ChatGPT maker OpenAI, valued at $500 billion. Anthropic and Amazon have partnered since 2023 to accelerate generative AI adoption for customers to build, deploy, and scale AI applications. Amazon says 100,000 customers run Anthropic Claude models on AWS. In February, the Trump administration ordered all U.S. agencies to stop using Anthropic's artificial intelligence technology and imposed other major penalties for refusing to allow the U.S. military unrestricted use of its AI technology. In an unusually public clash between the government and the company, President Donald Trump, Defense Secretary Pete Hegseth and other officials took to social media to chastise Anthropic, accusing it of endangering national security. Anthropic CEO Dario Amodei refused to back down over concerns the company's products could be used in ways that would violate its safeguards. Anthropic said it would challenge what it called an unprecedented and legally unsound action "never before publicly applied to an American company." Earlier this month, a federal appeals court refused to block the Pentagon from blacklisting artificial intelligence laboratory Anthropic in a decision that differed from the conclusions reached in another judge's ruling on the same issues. Anthropic is not yet profitable but said in February that it's on track for sales of $14 billion over the next year. Anthropic was founded by ex-OpenAI employees in 2021 and released its first version of Claude in 2023, following OpenAI's ChatGPT debut in late 2022.
AI startup Anthropic commits $100 billion to Amazon's AWS over next 10 years
Artificial intelligence company Anthropic has agreed to commit more than $100 billion to Amazon's AWS cloud platform over the next 10 years to train and run its Claude chatbot. Amazon will invest $5 billion immediately as part of the new agreement announced this week by the companies, and up to another $20 billion in the future. Amazon previously invested $8 billion in Anthropic. The partnership will allow Anthropic to secure up to 5 gigawatts of Amazon's Trainium chips to train and power their artificial intelligence models. "Our custom AI silicon offers high performance at significantly lower cost for customers, which is why it's in such hot demand," said Amazon CEO Andy Jassy. Amazon said AWS customers will be able to access the full Anthropic-native Claude console from within the AWS cloud platform. Earlier this year, privately-held Anthropic said its valuation grew to $380 billion, positioning itself alongside rivals OpenAI and Elon Musk's rocket maker SpaceX, which recently merged with his AI startup xAI, maker of the chatbot Grok. Renaissance Capital, which researches the potential for initial public offerings, counts Anthropic as third among the most valuable private firms, behind SpaceX and ChatGPT maker OpenAI, valued at $500 billion. Anthropic and Amazon have partnered since 2023 to accelerate generative AI adoption for customers to build, deploy, and scale AI applications. Amazon says 100,000 customers run Anthropic Claude models on AWS. In February, the Trump administration ordered all U.S. agencies to stop using Anthropic's artificial intelligence technology and imposed other major penalties for refusing to allow the U.S. military unrestricted use of its AI technology. In an unusually public clash between the government and the company, President Donald Trump, Defense Secretary Pete Hegseth and other officials took to social media to chastise Anthropic, accusing it of endangering national security. Anthropic CEO Dario Amodei refused to back down over concerns the company's products could be used in ways that would violate its safeguards. Anthropic said it would challenge what it called an unprecedented and legally unsound action "never before publicly applied to an American company." Earlier this month, a federal appeals court refused to block the Pentagon from blacklisting artificial intelligence laboratory Anthropic in a decision that differed from the conclusions reached in another judge's ruling on the same issues. Anthropic is not yet profitable but said in February that it's on track for sales of $14 billion over the next year. Anthropic was founded by ex-OpenAI employees in 2021 and released its first version of Claude in 2023, following OpenAI's ChatGPT debut in late 2022.
SpaceX Stock Price Jumps in Private Market as IPO Hype Builds
SpaceX is trading at a high price in the private market. Private market pricing for SpaceX has risen drastically in the past 90 days. This implies that sentiment is high and buyers are not giving up on pursuing exposure before a potential public offering. SpaceX is not being valued by traders just based on current financials. They are also paying the scarcity premium, the Musk premium and IPO optionality. SpaceX is targeting a valuation of $1.75 trillion and a 75 billion raise. This will mark the biggest IPO of all time. This arrangement is bound to attract momentum, speculation and media coverage. The first driver is IPO. As it gears up to potentially debut in late June 2026, SpaceX has been conducting a three day analyst meeting at Starbase and Tennessee data center. This turns the story of rumor into a process. Investors will become more serious about the time frame when Wall Street starts to receive formal briefings. That can raise the enthusiasm for the private market. The second driver is Starlink. This is the business that is regarded by many investors as the engine of core earnings. The number of Starlink app downloads and monthly active users increased more than twice in the first quarter compared to the same period a year ago. Moreover subscriber base reached 10 million in February. In 2025, Starlink generated operating profit of 4.42 billion. Although the consolidated loss of SpaceX xAI group was broader due to the extensive expenditure on AI. This is important as it indicates that there is business behind the dream narrative. The third driver is AI. Following the xAI deal, SpaceX was no longer viewed as a launch and satellite company. The total group incurred over $20.7 billion in capital spending in 2025. Over half of it was related to AI. This expenditure damaged the short-term earnings, but it also shifted investor sentiment which optimistically positioned the company. Investors no longer view SpaceX as just an aerospace and telecom company. It is also being valued against AI infrastructure names. This is one of the reasons why the valuation debate was so heated. The fourth driver is the defense and strategic importance. The xAI deal could strengthen the position of SpaceX to take significant Pentagon AI contract. SpaceX had an existing $1.8 billion contract with the National Reconnaissance Office in its Starshield division. That puts SpaceX in a position to serve as a segment of the market where governments desire size, speed and safe infrastructure. That is a strong theme in a world that is preoccupied with national security.
AI startup Anthropic commits $100 billion to Amazon's AWS over next 10 years
Artificial intelligence company Anthropic has agreed to commit more than $100 billion to Amazon's AWS cloud platform over the next 10 years to train and run its Claude chatbot. Amazon will invest $5 billion immediately as part of the new agreement announced this week by the companies, and up to another $20 billion in the future. Amazon previously invested $8 billion in Anthropic. The partnership will allow Anthropic to secure up to 5 gigawatts of Amazon's Trainium chips to train and power their artificial intelligence models. "Our custom AI silicon offers high performance at significantly lower cost for customers, which is why it's in such hot demand," said Amazon CEO Andy Jassy. Amazon said AWS customers will be able to access the full Anthropic-native Claude console from within the AWS cloud platform. Earlier this year, privately-held Anthropic said its valuation grew to $380 billion, positioning itself alongside rivals OpenAI and Elon Musk's rocket maker SpaceX, which recently merged with his AI startup xAI, maker of the chatbot Grok. Renaissance Capital, which researches the potential for initial public offerings, counts Anthropic as third among the most valuable private firms, behind SpaceX and ChatGPT maker OpenAI, valued at $500 billion. Anthropic and Amazon have partnered since 2023 to accelerate generative AI adoption for customers to build, deploy, and scale AI applications. Amazon says 100,000 customers run Anthropic Claude models on AWS. In February, the Trump administration ordered all U.S. agencies to stop using Anthropic's artificial intelligence technology and imposed other major penalties for refusing to allow the U.S. military unrestricted use of its AI technology. In an unusually public clash between the government and the company, President Donald Trump, Defense Secretary Pete Hegseth and other officials took to social media to chastise Anthropic, accusing it of endangering national security. Anthropic CEO Dario Amodei refused to back down over concerns the company's products could be used in ways that would violate its safeguards. Anthropic said it would challenge what it called an unprecedented and legally unsound action "never before publicly applied to an American company." Earlier this month, a federal appeals court refused to block the Pentagon from blacklisting artificial intelligence laboratory Anthropic in a decision that differed from the conclusions reached in another judge's ruling on the same issues. Anthropic is not yet profitable but said in February that it's on track for sales of $14 billion over the next year. Anthropic was founded by ex-OpenAI employees in 2021 and released its first version of Claude in 2023, following OpenAI's ChatGPT debut in late 2022.
