The Governor of the Bank of England Andrew Bailey has warned of a severe downturn in global stock markets if the AI bubble bursts. Mr Bailey sent a two-page letter to G20 finance ministers and central bank governors as part of his role as chair of the International Financial Stability Board (FSB), r
Anthropic
JPMorgan Chase has relaxed its approach to lending money against shares held by early investors and employees in companies that have recently gone public. The banking giant is hoping to win new clients from high-profile tech firms such as SpaceX and Anthropic. The firm typically did not accept share
Baillie Gifford has highlighted a growing structural shift across global capital markets, noting that the world's most innovative technology companies are staying private for longer to capture the bulk of their value growth before listing. Lucie Majstrova, an investment specialist in Baillie Gifford
Baillie Gifford's investment trusts could see their stakes in artificial intelligence (AI) company Anthropic more than double if it reaches its $2 trillion market valuation.
Anthropic is set to release its Mythos cybersecurity product to UK financial institutions within the coming week, following a period of intense regulatory engagement on both sides of the Atlantic.
Financial regulators and top UK banks are holding urgent talks over cybersecurity risks posed by Claude Mythos Preview, a new AI model from Anthropic capable of detecting vulnerabilities in critical systems that have gone undetected for decades. Officials from the Bank of England, the Financial Cond
