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The latest news and updates from companies in the WLTH portfolio.
Polymarket bet on Trump praising Pakistani PM, CDF every 36 hours balloons to $9.8 million - Profit by Pakistan Today
{Disclaimer: This is a work of fiction and does not present itself as the truth. Learn to take a joke; you'll live longer.} The international "prediction market" company Polymarket's market (what the company calls a bet) on US President Donald Trump praising Pakistan Prime Minister Shehbaz Sharif and Chief of Defence Forces Syed Asim Munir once every 36 hours for the next 10 days, has ballooned to USD 9.8 million. At the time of the filing of this report, the "Yes" shares on the Polymarket exchange were being offered at USD 0.76 per share, indicating a 76% of betters' belief in the likelihood of the event taking place. "Yes, I know it's a rare thing for the US president to be so effusive in his praise and what not," said New York-based longtime betting entrepreneur Luigi "The Knife" Gambioni. "But hey, if the shoe fits." The market on the President's behaviour was placed when, on Friday, he posted on the Truth Social social networking site: "Thank you to Pakistan and its Great Prime Minister and Field Marshall, two fantastic people!!! This post follows the development from the day before, when White House Press Secretary Karoline Leavitt interrupted a question at a press briefing by saying:"I just want to make one point that's important to the President. The Pakistanis have been incredible mediators throughout this process and we really appreciate their friendship and their efforts to bring this deal to a close." Some within the Democrat party, however, call foul on the market. "I have a strong reason to suspect the President is making these statements just to induce a bet on sites like Polymarket and Kelshi, and then to game this whole market," said US representative for New York Alexandria Ocasio-Cortez . "You just see. I think he's going to drive the market all the way up to USD 25 million, and the "Yes" buys at 90 percent, and then not praise the Pakistanis. In fact, he just might blame the Pakistani establishment for playing a double game with the US in Afghanistan."
Australia government working with Anthropic over cybersecurity vulnerabilities
SYDNEY, April 23 (Reuters) - Australia is working with software providers including Anthropic over potential cybersecurity vulnerabilities, a spokesperson for Home Affairs minister Tony Burke said on Thursday, following the firm's release of its Mythos AI model that has caused concern in several countries. Designed for defensive cybersecurity tasks, Mythos' vast capabilities have sparked fears about the threat to traditional software security, after Anthropic said a preview had uncovered "thousands" of major vulnerabilities in "every major operating system and web browser". (Reporting by Alasdair Pal in Sydney; Editing by Muralikumar Anantharaman)
Iran war boosts European logistics profits as shipping chaos persists
April 23 (Reuters) - European logistics companies are expected to report higher first-quarter profits, benefiting from the turmoil created by the U.S.-Israeli war with Iran, but analysts said the conflict clouds their future outlook. While heightened supply-chain complexity typically supports profitability for logistics companies such as DHL, DSV and Kuehne+Nagel, many analysts have warned that the longer-term effects of the energy shock and broader economic fallout could weigh on demand later in the year. In a note to clients, Jefferies analysts said Kuehne+Nagel's management do not expect further yield pressure in sea or air business in the first quarter. That reinforced their view that earnings have stabilised and are set to improve, the brokerage said. Jefferies analysts also said periods of geopolitical turmoil have historically promoted sea-to-air spillover, where DHL is structurally advantaged. AIRFREIGHT VOLUMES RISING FASTER While airfreight volumes are expected to grow at a high single-digit rate in the quarter, seafreight volumes are forecast to rise only at a low single-digit pace year on year, Bernstein analysts said in a note. Seafreight volumes have been weighed down by tough comparisons after shippers front-loaded cargo ahead of U.S. import tariffs in April 2025, they said. Attention is also turning to DSV's capital markets day on May 12, where analysts are looking for updated medium-term financial targets. "The potential for upside surprises on the day is meaningful," Bernstein said. MIDDLE EAST CONFLICT IMPACT ON FREIGHT MARKETS Following a weekend escalation in the Middle East conflict, ships have largely been avoiding the Strait of Hormuz, deepening uncertainty along a major trade route that had already been disrupted by the conflict. The resulting strain on regional transport networks has also contributed to sharply higher air cargo costs, as strong demand collides with elevated jet fuel prices and tighter capacity linked to the prolonged disruption. The impact is being felt well beyond the Gulf. Heightened regional tensions have also reinforced risks in the Red Sea, delaying expectations for a near-term resumption of transits through the Suez route. Rico Luman, senior economist at ING Research, said "full resumption is now pushed back multiple months and perhaps even until the end of the year," which should be supportive for logistics companies in the short term. Global shippers including Maersk and Hapag-Lloyd have rerouted vessels around the Cape of Good Hope since the outbreak of the war, a shift that is keeping freight rates elevated and boosting margins as higher prices flow quickly through shipping lines' largely fixed cost bases, Morningstar analyst Ben Slupecki said. Even if the conflict is resolved, analysts do not expect global freight markets to normalise quickly. Freight rates may fall after a peace deal allows traffic to resume through the Strait of Hormuz, but any decline is likely to be gradual as supply chains have adjusted and congestion has abated, with shippers expected to continue exploring alternative routes and ports, suggesting pre-conflict trading patterns may not fully return, Luman said. (Reporting by Amir Orusov and Anastasiia Kozlova; Editing by Matt Scuffham)
Australia working with Anthropic over cybersecurity vulnerabilities
SYDNEY, April 23 (Reuters) - Australia is working with software providers including Anthropic over potential cybersecurity vulnerabilities, a spokesperson for Home Affairs minister Tony Burke said on Thursday, following the firm's limited release of its Mythos AI model that has caused concern in several countries. Designed for defensive cybersecurity tasks, Mythos' vast capabilities have sparked fears about the threat to traditional software security, after Anthropic said a preview had uncovered "thousands" of major vulnerabilities in "every major operating system and web browser". "Our government takes protection of critical infrastructure extremely seriously which is why we're working with software providers and companies like Anthropic to make sure we are aware of emerging vulnerabilities," the spokesperson said. The central banks of Australia and New Zealand said on Wednesday they were monitoring the release of Mythos, and were in contact with major regulators across the globe. Anthropic has launched Claude Mythos Preview under Project Glasswing, a tightly restricted access program that includes major technology firms such as Amazon, Microsoft, Nvidia and Apple. The company has also widened access to more than 40 other organisations involved in building or maintaining critical software infrastructure. A spokesperson for Burke said the project would help equip providers with the right tools to build more secure software and protect infrastructure. Experts said Mythos' advanced coding and autonomous capabilities could sharply increase the pace of sophisticated cyberattacks, particularly in sectors such as banking, where complex, interconnected and often decades-old systems are still widespread. Simon Birmingham, CEO of the Australian Banking Association which represents the majority of the country's major commercial lenders, said in a statement on Thursday banks were engaging with regulators over Mythos to ensure the financial system remains safe. (Reporting by Scott Murdoch and Alasdair Pal in Sydney; Editing by Muralikumar Anantharaman and Kim Coghill)
Australia working with Anthropic over cybersecurity vulnerabilities
SYDNEY, April 23 : Australia is working with software providers including Anthropic over potential cybersecurity vulnerabilities, a spokesperson for Home Affairs minister Tony Burke said on Thursday, following the firm's limited release of its Mythos AI model that has caused concern in several countries. Designed for defensive cybersecurity tasks, Mythos' vast capabilities have sparked fears about the threat to traditional software security, after Anthropic said a preview had uncovered "thousands" of major vulnerabilities in "every major operating system and web browser". "Our government takes protection of critical infrastructure extremely seriously which is why we're working with software providers and companies like Anthropic to make sure we are aware of emerging vulnerabilities," the spokesperson said. The central banks of Australia and New Zealand said on Wednesday they were monitoring the release of Mythos, and were in contact with major regulators across the globe. Anthropic has launched Claude Mythos Preview under Project Glasswing, a tightly restricted access program that includes major technology firms such as Amazon, Microsoft, Nvidia and Apple. The company has also widened access to more than 40 other organisations involved in building or maintaining critical software infrastructure. A spokesperson for Burke said the project would help equip providers with the right tools to build more secure software and protect infrastructure. Experts said Mythos' advanced coding and autonomous capabilities could sharply increase the pace of sophisticated cyberattacks, particularly in sectors such as banking, where complex, interconnected and often decades-old systems are still widespread. Simon Birmingham, CEO of the Australian Banking Association which represents the majority of the country's major commercial lenders, said in a statement on Thursday banks were engaging with regulators over Mythos to ensure the financial system remains safe.
Anthropic has surged to a trillion-dollar valuation on secondary markets, overtaking OpenAI
Those lucky enough to own Anthropic shares are getting hounded with multiple offers a day to sell. Meanwhile, traders Business Insider spoke with are seeing slumping demand for OpenAI, which is now trading at a discount to Anthropic, despite OpenAI being valued at $852 billion, more than twice Anthropic's valuation in their most recent funding rounds. Anthropic's valuation now hovers at around $1 trillion on Forge Global, a leading private marketplace exchange, its CEO Kelly Rodriques told Business Insider. OpenAI's valuation on the platform is $880 billion, a slight uptick from its March funding round. Since Anthropic and OpenAI are not yet public companies, the vast majority of investors are forced to buy via secondary markets, with existing stock in the companies sold by current or former employees or early investors. Neither company responded to a request for comment. One Anthropic shareholder recently offered to unload shares at a $1.15 trillion valuation, according to Ken Sawyer, cofounder and managing partner at Saints Capital, a venture secondary firm. A "very well known growth fund" offered to buy Anthropic shares at a $1.05 trillion valuation, Jesse Leimgruber, founder of OpenHome, posted on X this week. "Absolutely wild," he said. Some interested buyers have gotten more creative, offering to sell their home in exchange for Anthropic shares at a valuation above $800 billion. It was just three months ago when Anthropic closed a funding round led by GIC and Coatue, valuing the company at $380 billion. Since then, a feverish demand has overtaken Silicon Valley for shares in Anthropic, as investors have been wowed by its torrid revenue growth and momentum around its AI-powered coding assistant, Claude code. "It's been an epic run for Anthropic," said Glen Anderson, CEO of Rainmaker Securities, a merchant bank focused on private securities transactions. "Everybody wants to be part of a generational opportunity in AI, and right now, Anthropic is in the pole position." The company has fielded multiple offers from VCs valuing it at as much as $800 billion in recent weeks, Business Insider reported last week. Anderson just received an offer to buy shares in Anthropic at a $960 billion valuation, a price he says would have been unthinkable even a few weeks ago. But before he can even evaluate the deal, he expects it to be snapped up by someone else. "We get an offer, and then within a day someone else has already bought it," he said. "There are almost no sellers." Those fortunate enough to own Anthropic shares say they are getting hounded with multiple offers a day to sell. "We receive daily offers from the ridiculous to the sublime," said Bradley Horowitz, a general partner at Wisdom Ventures, which was an early investor in both Anthropic and OpenAI. "I barely open those emails because we're not interested. We are playing a long game." Much of the demand is driven by FOMO more than market fundamentals, with investors at venture firms and family offices feeling like they need to own Anthropic shares no matter the price, according to Anderson. "It's almost less about the return than being about to say they're an Anthropic investor," he said. "That drives up the price." Meanwhile, Anderson has seen little demand for OpenAI shares this year, with bids lower than its last round of $852 billion. "OpenAI has been a very tepid market," he said. "The sentiment has certainly shifted to Anthropic.
Australia government working with Anthropic over cybersecurity vulnerabilities
SYDNEY, April 23 (Reuters) - Australia is working with software providers including Anthropic over potential cybersecurity vulnerabilities, a spokesperson for Home Affairs minister Tony Burke said on Thursday, following the firm's release of its Mythos AI model that has caused concern in several countries. Designed for defensive cybersecurity tasks, Mythos' vast capabilities have sparked fears about the threat to traditional software security, after Anthropic said a preview had uncovered "thousands" of major vulnerabilities in "every major operating system and web browser". (Reporting by Alasdair Pal in Sydney; Editing by Muralikumar Anantharaman)
Iran war boosts European logistics profits as shipping chaos persists
April 23 (Reuters) - European logistics companies are expected to report higher first-quarter profits, benefiting from the turmoil created by the U.S.-Israeli war with Iran, but analysts said the conflict clouds their future outlook. While heightened supply‑chain complexity typically supports profitability for logistics companies such as DHL (DHLn.DE), opens new tab, DSV (DSV.CO), opens new tab and Kuehne+Nagel (KNIN.S), opens new tab, many analysts have warned that the longer‑term effects of the energy shock and broader economic fallout could weigh on demand later in the year. In a note to clients, Jefferies analysts said Kuehne+Nagel's management do not expect further yield pressure in sea or air business in the first quarter. That reinforced their view that earnings have stabilised and are set to improve, the brokerage said. Jefferies analysts also said periods of geopolitical turmoil have historically promoted sea-to-air spillover, where DHL is structurally advantaged. AIRFREIGHT VOLUMES RISING FASTER While airfreight volumes are expected to grow at a high single‑digit rate in the quarter, seafreight volumes are forecast to rise only at a low single‑digit pace year on year, Bernstein analysts said in a note. Seafreight volumes have been weighed down by tough comparisons after shippers front‑loaded cargo ahead of U.S. import tariffs in April 2025, they said. Attention is also turning to DSV's capital markets day on May 12, where analysts are looking for updated medium‑term financial targets. "The potential for upside surprises on the day is meaningful," Bernstein said. MIDDLE EAST CONFLICT IMPACT ON FREIGHT MARKETS Following a weekend escalation in the Middle East conflict, ships have largely been avoiding the Strait of Hormuz, deepening uncertainty along a major trade route that had already been disrupted by the conflict. The resulting strain on regional transport networks has also contributed to sharply higher air cargo costs, as strong demand collides with elevated jet fuel prices and tighter capacity linked to the prolonged disruption. The impact is being felt well beyond the Gulf. Heightened regional tensions have also reinforced risks in the Red Sea, delaying expectations for a near‑term resumption of transits through the Suez route. Rico Luman, senior economist at ING Research, said "full resumption is now pushed back multiple months and perhaps even until the end of the year," which should be supportive for logistics companies in the short term. Global shippers including Maersk (MAERSKb.CO), opens new tab and Hapag‑Lloyd (HLAG.DE), opens new tab have rerouted vessels around the Cape of Good Hope since the outbreak of the war, a shift that is keeping freight rates elevated and boosting margins as higher prices flow quickly through shipping lines' largely fixed cost bases, Morningstar analyst Ben Slupecki said. Even if the conflict is resolved, analysts do not expect global freight markets to normalise quickly. Freight rates may fall after a peace deal allows traffic to resume through the Strait of Hormuz, but any decline is likely to be gradual as supply chains have adjusted and congestion has abated, with shippers expected to continue exploring alternative routes and ports, suggesting pre‑conflict trading patterns may not fully return, Luman said. Reporting by Amir Orusov and Anastasiia Kozlova; Editing by Matt Scuffham Our Standards: The Thomson Reuters Trust Principles., opens new tab
Australia government working with Anthropic over cybersecurity vulnerabilities
SYDNEY, April 23 (Reuters) - Australia is working with software providers including Anthropic over potential cybersecurity vulnerabilities, a spokesperson for Home Affairs minister Tony Burke said on Thursday, following the firm's release of its Mythos AI model that has caused concern in several countries. Designed for defensive cybersecurity tasks, Mythos' vast capabilities have sparked fears about the threat to traditional software security, after Anthropic said a preview had uncovered "thousands" of major vulnerabilities in "every major operating system and web browser". (Reporting by Alasdair Pal in Sydney; Editing by Muralikumar Anantharaman)
Druzhba - a pipeline turned into a source of discord | News.az
The situation surrounding the Druzhba oil pipeline in April 2026 has evolved into a complex knot of energy, political and financial contradictions within Europe. What has come to the fore is not so much the technical condition of the infrastructure itself as the use of oil transit as a tool of pressure and negotiation. According to statements by Hungarian Prime Minister Viktor Orban, Budapest received a signal through EU structures that Ukraine was ready to resume the transit of Russian oil as early as 20 April, but on the condition that Hungary lift its veto on a €90 billion EU loan to Kyiv. Hungary's response was firm and succinct: "no oil, no money". Budapest insists that physical supplies must first be restored, and only then can concessions on the loan be discussed. This reflects Hungary's pragmatic approach, in which energy security is prioritised over pan-European solidarity. Source: TASS Kyiv, for its part, officially explained the halt in transit by citing infrastructure damage. However, representatives from several Central European countries have questioned this explanation. In particular, Slovak politicians argue that the pipeline remains operational and that the suspension is political in nature. Against this backdrop, Ukraine's refusal to allow independent experts to inspect the pipeline has only intensified suspicions. Moreover, according to some expert assessments, the functioning of Druzhba is being used by Kyiv as leverage to accelerate the receipt of European financing -- a view echoed in Russian media. It should be noted that Ukraine is at war with Russia and has the full moral right to halt the transit of Russian energy resources through its territory. Had such a decision been made at the outset of the war, this issue might not be on the agenda today. However, a paradoxical situation emerged: throughout the war, Russian hydrocarbons continued to transit via Ukraine even as Russian forces struck Ukrainian cities. This created a deeply contradictory reality. Europe's dependence on Russian resources meant that Kyiv hesitated to shut down the pipeline, fearing backlash from European partners and a reduction in financial and military support. Even now, Kyiv frames the disruption in terms of technical malfunction rather than a deliberate decision to limit Russian budget revenues. Over the course of the war, Russia's budget has been replenished by hundreds of billions of dollars, offsetting much of the impact of sanctions. Despite successive EU sanctions packages, Moscow's capacity to sustain the war has, in many respects, continued to grow. According to Bloomberg, Ukraine is set to begin technical testing of the Druzhba pipeline on 21 April to restore supplies to Hungary. The demands voiced by Orban stem directly from Hungary's national interests. The country faces greater difficulty in adapting to supply disruptions than leading EU economies, and an energy crisis would pose serious challenges that Hungary may struggle to manage. Additional complexity is introduced by Hungary's domestic political landscape. Following the electoral defeat of Orban's party, it was expected that the incoming prime minister, Peter Magyar, would decisively reject Russian fuel and support the multi-billion-euro loan to Ukraine. However, developments have not followed that script. Magyar's position appears more flexible, yet in substance it echoes Orban's policy. On the one hand, he confirmed that Hungary does not intend to block a pan-European decision on the loan to Ukraine. On the other, Budapest still refuses to participate in financing it and firmly rejects external pressure. Magyar directly called on Ukrainian President Volodymyr Zelenskyy to abandon what he described as "blackmail" and to resume oil supplies without preconditions. Thus, despite a change in leadership, Hungary's strategic line remains unchanged: the protection of national energy interests and resistance to linking economic decisions with political demands. According to Izvestia, Hungary had fuel reserves sufficient for about 90 days at the end of January, but these have now declined to approximately 30 days. While there is an alternative route via Croatia, oil transported this way would be significantly more expensive. For Hungary and Slovakia, supplies via Druzhba are critically important. Central European countries remain heavily dependent on stable transit through Ukraine. Brussels, meanwhile, faces a dual challenge. On the one hand, it is interested in maintaining oil transit through Druzhba, as a sharp reduction in supply could exacerbate the energy situation. On the other hand, the EU continues to pursue a gradual phase-out of Russian energy resources, theoretically to be completed by 2027. However, experts suggest that this timeline may be extended, as Europe is already encountering practical difficulties. Source: BBC At present, Druzhba has clearly become more than infrastructure -- it is an instrument. It is likely that Kyiv will eventually make concessions and at least partially allow the pipeline to resume operations, recognising that without this step, financial assistance may not materialise. Countries such as Hungary and Slovakia are expected to hold their ground, prioritising energy stability. For the European Union as a whole, additional pressure on already volatile energy markets is undesirable. On Tuesday, it was also reported that another politician favouring cooperation with Russia is returning to power. Bulgaria's future prime minister, Rumen Radev, announced his intention to build respectful and balanced relations with Russia. It is worth recalling that during his presidency, he repeatedly vetoed decisions on supplying Ukraine with armoured vehicles and air defence systems, although those vetoes were overridden by parliament. Now, after a decisive electoral victory, his coalition holds a strong parliamentary majority. In any case, the long-term prospects for resolving Europe's energy stability challenges remain uncertain. Even if supplies are restored, they will likely continue to be accompanied by persistent political risks and will depend heavily on the evolving dynamics between Kyiv, Brussels and individual EU member states.
SpaceX targets in-house GPUs as it warns investors of chip supply, costs
New York: SpaceX may be tackling one of the biggest challenges in the chip business: manufacturing the keys to powering artificial intelligence called graphics processing units, or GPUs. Ahead of SpaceX's $1.75 trillion IPO expected this summer, the company has warned prospective investors of its big spending plans to develop AI and other technologies. It lists "manufacturing our own GPUs" among the "substantial capital expenditures" it is undertaking, according to excerpts of its S-1 registration reviewed by Reuters. Companies file this document to the U.S. Securities and Exchange Commission to disclose their risks and finances before going public. Also Read: SpaceX IPO yet to come, but here's how investors can cash in on Space right now SpaceX did not immediately respond to a request for comment, and the size of the expected expenditure could not be determined. The ambition follows work by SpaceX, its xAI unit and Tesla to jointly develop the Terafab, an advanced AI chip manufacturing complex that CEO Elon Musk is planning in Austin, Texas. Though Musk has said the project would target chips for cars, humanoid robots and space-based data centers, many details - including the types of AI chips, such as GPUs, it would produce - have been unknown. There are a range of approaches for chips that power AI. For example, Nvidia largely makes GPUs, which are general purpose and good at performing a wide array of data crunching tasks. Alphabet's Google takes another approach with its tensor processing units (TPUs), which are tuned to perform specific functions, key to building AI models and running chatbots such as Anthropic's Claude. It was unclear when SpaceX plans to manufacture its own chip and which companies - the Terafab developers or their partner Intel - would handle the fabrication technologies inside the plant. Musk told Tesla analysts on Wednesday that by the time Terafab scales up, Intel's next-generation 14A manufacturing process "will be probably fairly mature or ready for prime time" and "seems like the right move." It was also unclear if SpaceX, in its filing, used the term GPU as shorthand for AI processors generally. Still, the previously unreported plans for GPU production come as SpaceX warned investors that it may not have enough chip supply to power its growth. "We do not have long-term contracts with many of our direct chip suppliers," SpaceX said in the S-1 registration. "We expect to continue sourcing a significant portion of our compute hardware from third-party suppliers, and there can be no assurance that we will be able to achieve our objectives with respect to TERAFAB within the expected timeframes, or at all." Manufacturing GPUs is not easy. Industry heavyweight Nvidia pioneered GPU design and, like much of the industry, outsources their manufacture to Taiwan's TSMC. Also Read: Musk took home $54,080 pay in 2025 while President Gwynne Shotwell earned $85.8 million at SpaceX TSMC has spent billions of dollars and years developing its most advanced manufacturing processes, which for cutting-edge chips require exotic materials and executing more than a thousand steps with atomic precision. Its years of manufacturing billions of Apple's iPhone chips have afforded it an enormous amount of the required hands-on experience to produce cutting-edge processors. The chip industry, as it is organized, now splits steps such as fabricating, packaging and testing among several discrete companies. Musk has said the Terafab will handle each step of chip production, including the design as well.
Australia government working with Anthropic over cybersecurity vulnerabilities
SYDNEY, April 23 (Reuters) - Australia is working with software providers including Anthropic over potential cybersecurity vulnerabilities, a spokesperson for Home Affairs minister Tony Burke said on Thursday, following the firm's release of its Mythos AI model that has caused concern in several countries. Designed for defensive cybersecurity tasks, Mythos' vast capabilities have sparked fears about the threat to traditional software security, after Anthropic said a preview had uncovered "thousands" of major vulnerabilities in "every major operating system and web browser". (Reporting by Alasdair Pal in Sydney; Editing by Muralikumar Anantharaman)
SpaceX Wants To Build Its Own AI Chips To Cut Supply Risk
The backdrop is a real choke point for artificial intelligence (AI): getting enough advanced chips to run and train models. SpaceX flags chip supply as a growth risk, saying it lacks long-term agreements with many suppliers and might not secure enough hardware, even if it keeps buying plenty from third parties. That's where Terafab comes in. The pitch is vertical integration - doing more of the chip journey in-house, from de.. sign to packaging and testing, steps that are usually split across specialists. But SpaceX also cautions there's "no assurance" it hits targets or timelines, and key questions remain: does "GPU" mean graphics chips or other AI accelerators, when would output begin, and whose manufacturing process would power the factory. Musk has pointed to Intel's next-generation 14A process as a possible option - yet it's unclear who would run the manufacturing playbook. Why should I care? For markets: The chip race is becoming a strategy problem. This is another sign that the scarcest input in AI isn't ideas - it's computing power, which depends on hard-to-source chips. Even Nvidia, the leading AI chip designer, relies on Taiwan Semiconductor Manufacturing Company, the world's top contract chipmaker, to produce many processors, while Alphabet built custom chips to secure capacity. If SpaceX and partners pursue end-to-end production, it adds a new risk for investors to weigh: big upfront spending and the chance that "building" takes longer - and costs more - than "buying." Zooming out: Vertical integration can backfire in semiconductors. The chip industry split into specialists for a reason - it helped improve yields and cut costs. Reassembling that chain under one roof could give more control for chips aimed at cars, robots, and space systems, but it also concentrates failure points: equipment delays, technology choices, and manufacturing readiness can derail plans. SpaceX's own language frames in-house chips as a long-term hedge, not a quick fix.
Australia government working with Anthropic over cybersecurity vulnerabilities
Add Yahoo as a preferred source to see more of our stories on Google. SYDNEY, April 23 (Reuters) - Australia is working with software providers including Anthropic over potential cybersecurity vulnerabilities, a spokesperson for Home Affairs minister Tony Burke said on Thursday, following the firm's release of its Mythos AI model that has caused concern in several countries. Designed for defensive cybersecurity tasks, Mythos' vast capabilities have sparked fears about the threat to traditional software security, after Anthropic said a preview had uncovered "thousands" of major vulnerabilities in "every major operating system and web browser". (Reporting by Alasdair Pal in Sydney; Editing by Muralikumar Anantharaman)
Discord group says it accessed Claude Mythos by guessing location
The Anthropic AI model deemed a danger to cybersecurity may need to be more secure itself. An anonymous group of Discord users says it hacked its way into accessing Claude Mythos Preview, the new AI model Anthropic claims is too powerful for a public release. Anthropic says Claude Mythos "is capable of identifying and then exploiting zero-day vulnerabilities in every major operating system and every major web browser," and has granted access to the model to a select group of partners via an initiative called Project Glasswing. The AI company said this invite-only approach would let tech leaders "secure the world's most critical software." But it might need to pay more attention to its own software security. As Bloomberg reports, the Discord users didn't gain access through a sophisticated hack, but by guessing the online location for the model based on past Anthropic naming conventions -- as found in the recent data breach at Mercor, an AI startup, earlier this month. Once they identified where to access Claude Mythos, the group had to employ additional tactics. One member of the group already had privileged access as a worker at a third-party contractor for Anthropic, Bloomberg reports. The group was part of a private Discord channel that focuses on hunting information about unreleased models. A member of the group told Bloomberg that they were not using Claude Mythos for nefarious purposes, but for tasks like building simple websites. However, they also claimed to have access to even more unreleased Anthropic models. The group provided enough evidence to convince Bloomberg they had indeed breached Anthropic's security. Anthropic confirmed in a statement to Bloomberg it was aware of the claim and investigating. At this time, there is no indication that Claude Mythos has been breached by other unauthorized parties. Still, given that Anthropic described Claude Mythos as a paradigm-shifting security threat that could "reshape cybersecurity" as we know it, any unauthorized access is -- to say the least -- concerning. Want to learn more about getting the best out of your tech? Sign up for Mashable's Top Stories and Deals newsletters today.
Australia government working with Anthropic over cybersecurity vulnerabilities
SYDNEY, April 23 : Australia is working with software providers including Anthropic over potential cybersecurity vulnerabilities, a spokesperson for Home Affairs minister Tony Burke said on Thursday, following the firm's release of its Mythos AI model that has caused concern in several countries. Designed for defensive cybersecurity tasks, Mythos' vast capabilities have sparked fears about the threat to traditional software security, after Anthropic said a preview had uncovered "thousands" of major vulnerabilities in "every major operating system and web browser".
Australia government working with Anthropic over cybersecurity vulnerabilities
SYDNEY, April 23 (Reuters) - Australia is working with software providers including Anthropic over potential cybersecurity vulnerabilities, a spokesperson for Home Affairs minister Tony Burke said on Thursday, following the firm's release of its Mythos AI model that has caused concern in several countries. Designed for defensive cybersecurity tasks, Mythos' vast capabilities have sparked fears about the threat to traditional software security, after Anthropic said a preview had uncovered "thousands" of major vulnerabilities in "every major operating system and web browser". Reporting by Alasdair Pal in Sydney; Editing by Muralikumar Anantharaman Our Standards: The Thomson Reuters Trust Principles., opens new tab
Australia government working with Anthropic over cybersecurity vulnerabilities
SYDNEY, April 23 (Reuters) - Australia is working with software providers including Anthropic over potential cybersecurity vulnerabilities, a spokesperson for Home Affairs minister Tony Burke said on Thursday, following the firm's release of its Mythos AI model that has caused concern in several countries. Designed for defensive cybersecurity tasks, Mythos' vast capabilities have sparked fears about the threat to traditional software security, after Anthropic said a preview had uncovered "thousands" of major vulnerabilities in "every major operating system and web browser". (Reporting by Alasdair Pal in Sydney; Editing by Muralikumar Anantharaman)
Exclusive-SpaceX targets in-house GPUs as it warns investors of chip supply, costs By Reuters
By Echo Wang, Jeffrey Dastin and Max A. Cherney NEW YORK, April 23 (Reuters) - SpaceX may be tackling one of the biggest challenges in the chip business: manufacturing the keys to powering artificial intelligence called graphics processing units, or GPUs. Ahead of SpaceX's $1.75 trillion IPO expected this summer, the company has warned prospective investors of its big spending plans to develop AI and other technologies. It lists "manufacturing our own GPUs" among the "substantial capital expenditures" it is undertaking, according to excerpts of its S-1 registration reviewed by Reuters. Companies file this document to the U.S. Securities and Exchange Commission to disclose their risks and finances before going public. SpaceX did not immediately respond to a request for comment, and the size of the expected expenditure could not be determined. The ambition follows work by SpaceX, its xAI unit and Tesla to jointly develop the Terafab, an advanced AI chip manufacturing complex that CEO Elon Musk is planning in Austin, Texas. Though Musk has said the project would target chips for cars, humanoid robots and space-based data centers, many details - including the types of AI chips, such as GPUs, it would produce - have been unknown. There are a range of approaches for chips that power AI. For example, Nvidia largely makes GPUs, which are general purpose and good at performing a wide array of data crunching tasks. Alphabet's Google takes another approach with its tensor processing units (TPUs), which are tuned to perform specific functions, key to building AI models and running chatbots such as Anthropic's Claude. It was unclear when SpaceX plans to manufacture its own chip and which companies - the Terafab developers or their partner Intel - would handle the fabrication technologies inside the plant. Musk told Tesla analysts on Wednesday that by the time Terafab scales up, Intel's next-generation 14A manufacturing process "will be probably fairly mature or ready for prime time" and "seems like the right move." It was also unclear if SpaceX, in its filing, used the term GPU as shorthand for AI processors generally. Still, the previously unreported plans for GPU production come as SpaceX warned investors that it may not have enough chip supply to power its growth. SUPPLY CONCERNS "We do not have long-term contracts with many of our direct chip suppliers," SpaceX said in the S-1 registration. "We expect to continue sourcing a significant portion of our compute hardware from third-party suppliers, and there can be no assurance that we will be able to achieve our objectives with respect to TERAFAB within the expected timeframes, or at all." Manufacturing GPUs is not easy. Industry heavyweight Nvidia pioneered GPU design and, like much of the industry, outsources their manufacture to Taiwan's TSMC. TSMC has spent billions of dollars and years developing its most advanced manufacturing processes, which for cutting-edge chips require exotic materials and executing more than a thousand steps with atomic precision. Its years of manufacturing billions of Apple's iPhone chips have afforded it an enormous amount of the required hands-on experience to produce cutting-edge processors. The chip industry, as it is organized, now splits steps such as fabricating, packaging and testing among several discrete companies. Musk has said the Terafab will handle each step of chip production, including the design as well.
Anthropic Survey Reveals AI Job Displacement Fears Amid Productivity Gains
Anthropic, a leading AI research company valued at $380 billion, has released findings from a survey of 81,000 users of its Claude AI models. The study reveals a dual narrative: while AI tools like Claude are driving significant productivity gains, they are also intensifying concerns about job displacement, particularly among early-career professionals and workers in AI-exposed roles like software development. According to the data, users in high-exposure occupations -- where AI is performing a substantial share of tasks -- are up to three times more likely to worry about being replaced by AI compared to those in less-exposed roles. For every 10% increase in tasks automated by Claude, perceived job threat rose by 1.3 percentage points. Early-career workers expressed the highest anxiety, consistent with broader hiring slowdowns in entry-level roles reported in prior research. "Like anyone with a white-collar job these days, I'm 100% concerned about losing my job to AI," one surveyed software engineer remarked. The sentiment reflects growing unease as AI tools become more capable, especially in coding and analytical tasks. While job concerns dominate headlines, the survey also highlights AI's potential to enhance productivity. Respondents reported an average productivity improvement score of 5.1 out of 7, with top gains noted in high-paying roles like management and software development. However, even lower-income respondents, such as delivery drivers and customer service representatives, cited transformative benefits. Some used AI to explore entrepreneurial ventures, like starting e-commerce businesses or developing apps. Nearly half of respondents credited AI with expanding the scope of their work, enabling them to perform tasks previously beyond their skill sets. For example, a non-technical user stated that AI had turned them into a "full-stack developer." Speed improvements were the second most commonly cited benefit, with users accomplishing tasks in a fraction of the time. But these efficiency gains come with trade-offs. Workers experiencing the largest productivity boosts also expressed the most concern about job security, suggesting that rapid task automation raises questions about long-term role viability. The survey also probes where AI-driven productivity gains are accruing. Most respondents indicated personal benefits, such as faster task completion and reduced workloads, but 10% noted that employers or clients were capturing the surplus by demanding more output. Early-career workers were less likely to feel they personally benefited, with only 60% reporting gains compared to 80% of senior professionals. These findings come as Anthropic cements its position as a major player in the AI space. The company, founded in 2021 by former OpenAI researchers, has developed a suite of large language models under the Claude brand. Its focus on safety and interpretability has attracted significant investment, including a $30 billion Series G funding round in February 2026, which valued the company at $380 billion. Notable backers include Amazon, Google, and Nvidia. Anthropic's Claude models are widely used across industries for tasks ranging from coding and content creation to customer service. Amazon recently announced a $25 billion partnership with Anthropic to integrate Claude into its AI initiatives, further expanding its market footprint. As AI tools like Claude continue to reshape the workforce, the tension between productivity gains and job security will remain a critical issue. Anthropic's findings underline the nuanced economic impacts of AI adoption, with both opportunities and risks for workers. For traders and investors, Anthropic's sustained growth and market leadership position it as a key player to watch in the evolving AI sector.
