Financial Times

The fight over AI safety comes at a pivotal moment for Anthropic as it prepares to tap public markets.

The Financial Times reports the company expects to be profitable this quarter as it prepares for an initial public offering.

China has pushed back against calls from US technology leaders to slow the development of advanced artificial intelligence.

Beijing's foreign ministry says fearmongering and vicious competition will disrupt global AI governance and serve no one's interests.

As Asian stocks tumbled and US equity futures retreated on talk of an AI slowdown, the fight over AI safety comes at a pivotal moment for Anthropic as it prepares to tap public markets.

The Financial Times reports that the company expects to be profitable this quarter as it prepares for an initial public offering.

Brent crude has briefly risen above $108 a barrel after Saudi Arabia shut a major pipeline used to bypass the Strait of Hormuz.

The closure followed attacks on the pipeline as separate talks on creating a temporary shipping lane through Hormuz were postponed.

The fight over AI safety comes at a pivotal moment for Anthropic as it prepares to tap public markets.

The Financial Times reports the company expects to be profitable this quarter as it prepares for an initial public offering.

AI is already delivering growth, but a boost to productivity is harder to see.

A global report by Bloomberg Economics shows that the GDP gains from an AI super cycle are concentrated in a handful of economies.

Um, a- another thing that business will be asking about is our relationship with Europe.

Um, there's a notable story in the FT today, Anne, that, uh, they had hoped to have the latest, uh, post-reset, uh, summit, uh, UK-EU summit.

That was penciled in, uh, for November the 6th, but it's been pushed back, uh, until late November at the earliest.

Now, you follow this very closely.

[laughs]

[laughs] He did an interview with the Financial Times.

His case for this development is, it's a historical chance for Albania to... da, da, da.

Like, make money [laughs] essentially.

He's angry.

He's always been a pretty outspoken kind of a dude, not very, um, PR trained, I would say.

But yeah, no, that, in that interview with the Financial Times, he's saying, you know, like, to the protesters, to the people who are against the development, literally, "Fuck you," in quotes, and that's...

In some ways, you kind of have to respect it.

Yeah, yeah.

Although I was reading in the Financial Times at the weekend that the Fed, Walsh, is under big pressure to raise rates this coming week.

But so isn't that directly against Trump's own interest with regards to the midterms and everything else?

You're absolutely right.

Falling crude also kept the stock market supported after the S&P 500 index posted four consecutive losing sessions.

Oil retreated after the Financial Times reported that Iran and Gulf states will meet to discuss how to manage shipping through the strait.

Later Friday, CNBC reported that due to attacks, Saudi Arabia had shut down its key east-west crude oil pipeline.

It's unclear how long this might last or the impact on exports.

[laughs]

[laughs] He did an interview with the Financial Times.

His case for this development is it's a historical chance for Albania to dot, dot, dot, like, make money [laughs] essentially.

Um, and he's also, I think at some point he says, like, "Fuck you." Like, he, he's-

He's angry.

He's always been a pretty outspoken kind of a dude, not very, um, PR-trained, I would say.

But yeah, no, that, in that interview with the Financial Times, he's saying, you know, like, to the protesters, to the people who are against the development, literally, "fuck you," air quotes.

And that's...

Like he did.

He did an interview with the Financial Times.

His case for this development is it's a historical chance for Albania to dot, dot, dot, like make money, essentially.

And he's also I think at some point he says, like, fuck you.

He's angry.

He's always been a pretty outspoken kind of a dude, not very PR trained, I would say.

But yeah, I know that in that interview with the Financial Times, he's saying, you know, like to the protesters, to the people who are against the development, literally, fuck you in quotes.

And that's, in some ways, you kind of have to respect it.