America Has a Police Shortage
Many Americans have decided that their country’s problem is that it has too many police officers. In fact, it has too few.
AI firm Anthropic to commit 5% of shares to fund for ‘public good’
The $48bn giveaway by company, which is preparing to list on stock market, comes amid concerns about the tech Anthropic has said it will commit 5% of its shares to a fund for the “public good”, as the AI developer behind the Claude chatbot seeks to bolster its appeal before its stock market listing. The company announced that it would commit the shares, worth around $48bn (£36bn) at its latest valuation in May, subject to shareholder approval. It will add a further 2% of its stock to the fund for every 50% increase in its value above an undisclosed baseline. Continue reading...
COMMENTARY: Morning Bid: Wavering waiver?
After a withering shakeout in AI-linked tech stocks last week, earnings reports from Meta and others due in the next few days will provide another opportunity to test the waters.
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