Anthropic, rumored to be nearing a record IPO, says it will put 5% of its shares into a company-owned public benefit trust. Fast Company notes a salad dressing company beat it to the idea and argues the stake could be worth billions on day one if Anthropic's valuation holds.
Summary written by Readthrough from the original article. The full story, with photos and any updates, is at Fast Company.
France's unrest is worrying investors after the country's borrowing costs hit their highest level since 2002 last week. The Interior Ministry said 410,000 people joined protests nationwide Saturday, with clashes in Paris and Marseille after dark, and fund managers are weighing whether prolonged disruption could slow growth and derail planned budget savings.
President Trump announced a $4.2 billion investment by Audi at a campaign rally in Perry, Georgia, saying a new plant would build 200,000 vehicles a year. Audi CEO Gernot Döllner joined him on stage, calling the Macon plant a long-term investment in the U.S., and Trump said construction could start as early as next month.
A tanker carrying 40,000 tons of Russian diesel has left for New York, the first Russian diesel shipment to the U.S. since 2023, following a deal between Presidents Trump and Putin to release more diesel onto world markets. U.S. diesel prices have climbed above $6 a gallon, and the Kremlin says regular supplies will continue.
Britain's Chancellor unveiled a major AI package ahead of next week's Budget, aimed at spreading AI opportunities to every region, scaling up home-grown AI firms and guarding against hostile threats. The Treasury says it includes hundreds of millions in investment in infrastructure and AI security.
