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14 stories found

Artificial intelligenceSingle source

Anthropic to commit 5% of shares to public-benefit fund before IPO

Claude developer Anthropic plans to commit 5% of its shares to a public-benefit fund, subject to shareholder approval. The stake was worth about $48bn at the company’s May valuation, while an IPO is planned for November.

  • Anthropic plans to commit 5% of its shares to a public-benefit fund subject to shareholder approval.
  • The stake was valued at about $48bn at the company’s May valuation.
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The Guardian World
US politicsSingle source

Trump falsely claims Jon Ossoff’s election was illegitimate at Georgia rally

Donald Trump falsely claimed at a rally in north Georgia that Senator Jon Ossoff’s election was illegitimate. Ossoff faces Congressman Mike Collins in November and leads his Republican rival by nine points in most recent polling.

  • Trump falsely claimed that Senator Jon Ossoff’s election in Georgia was illegitimate.
  • Ossoff will face Mike Collins in November and leads him by nine points in most recent polling.
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The Guardian World
Financial marketsSingle source

Euro falls as Bank of France chief warns country risks being ‘strangled by interest rates’

The euro fell after the Bank of France chief warned that France risked being “strangled by interest rates”. French government bonds rallied while Brent crude fell below $100 a barrel.

  • The Bank of France chief warned that France risked being “strangled by interest rates”.
  • Brent fell to $98.34 a barrel after a Saudi Aramco price cut.
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The Guardian Business
US stock marketSingle source

Softer US inflation lowers traders’ bets on an October Fed rate hike

US inflation came in below expectations in August, reducing traders’ bets on a Federal Reserve rate hike as soon as October. LSEG data put the implied probability at about 35%, down from roughly 45%.

  • A below-forecast PCE reading reduced expectations of an October Fed rate hike.
  • The implied probability of an October hike fell from roughly 45% to about 35%.
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The Guardian Business
Artificial intelligenceSingle source

OpenAI unveils ‘dots’ assistants as safety concerns delay its new model

OpenAI unveiled “dots,” AI assistants designed to carry out tasks autonomously for users. The company delayed its latest model the previous day after safety issues emerged in internal testing.

  • OpenAI introduced “dots” as assistants able to carry out users’ tasks autonomously.
  • The company delayed its latest model after safety issues emerged in internal testing.
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BBC Business
World of WarcraftSingle source

WoW: Forever players find black-market NPC with rare items and a 15-day speed buff

Players have found Mister Graphed in World of Warcraft: Forever’s beta, inside the new Riverglades zone. The goblin sells rare materials and Gift of Galloping for 150 gold, granting a 10% mounted-speed increase for 15 days.

  • Players found Mister Graphed in WoW: Forever’s Riverglades beta zone.
  • The NPC sells goods starting at 20 gold, including Fel Crystal and Stranglevine.
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PC Gamer
International sportSingle source

Timur Turlov elected FIDE president amid Ukrainian sanctions and Podolyak dispute

Kazakh businessman Timur Turlov, 38, has been elected FIDE president at the organisation’s assembly in Samarkand. He won the second round with 110 votes to Vadim Rosenstein’s 85, while Ukraine’s Chess Federation opposed his election and Mikhail Podolyak’s proposed role.

  • Timur Turlov won the FIDE presidential election in Samarkand.
  • He received 110 votes in the second round, against Vadim Rosenstein’s 85.
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BBC News Україна
Central banksSingle source

Dutch central bank moves 86 tonnes of gold from US and Canada to London

The Dutch central bank has moved 86 tonnes of gold reserves from the US and Canada to London, citing increasing geopolitical unrest. London’s share of the Netherlands’ holdings rose to 32.1%, while New York and Ottawa each fell to 18.5%.

  • DNB moved 86 tonnes of gold from the US and Canada to London.
  • The operation took place between March and August this year.
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The Guardian Business