Anthropic Pledges 5% Stake to Public Benefit Fund
Anthropic plans to commit 5% of its shares to a public benefit fund, with shareholder approval required and further allocations tied to valuation growth.
Anthropic plans to commit 5% of its shares to a public benefit fund, with shareholder approval required and further allocations tied to valuation growth.
Silence Therapeutics closes up 125.58% after Germany’s Merck agrees to a $1.3 billion cash buyout at $20 per ADS, with completion targeted for early 2027.
Goldman upgrades CoreWeave to Buy but cuts its target to $106. CRWV gives up an early rally and closes down 0.44% as AI financing risks remain...
UBS now forecasts quarter-point ECB rate hikes in December 2026 and March 2027, taking the deposit rate to 3%, while still expecting an October pause.
Tesla’s Roadster reservations offer no delivery guarantee, highlighting execution risk for TSLA investors as the company targets production in 2028.
World launches identity tools for banks and financial firms to combat deepfake impersonation, with Bain Capital and VanEck among its design partners.
Princeton PhD Jack Weis’s two-year job search and short-lived $70-an-hour AI contract highlight the gap between strong credentials and dependable income.
Warren Buffett’s children face the task of giving away a fortune estimated at $150 billion, with charitable responsibilities distinct from a personal inheritance.
Europe’s 20 most valuable AI startups are worth about $173 billion, but mixed revenue measures and missing disclosures complicate comparisons of their valuations.
Bill Gross launches Idealab.ai with 1.2 million free AI-generated business ideas, matching potential founders with concepts based on skills, capital and market fit.
Elon Musk pledges one SpaceX share to every American child in 2027, a gift worth about $10.5 billion at Friday’s close, with delivery details still unclear.
Bitcoin approached $83,000 as Nasdaq futures and Asian stocks rose after China’s GDP grew 4.5%, while stronger retail sales helped lift risk appetite.
China is urging state-backed stock purchases and limits on some institutional selling, Bloomberg reports, as policymakers seek to stabilize a falling market.