Squawk Box Europe Express
Squawk Box Europe Express
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Anthropic reportedly warns of 'existential risks' as it eyes $2 trillion valuation

00:28:11
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Existential risks to humanity – that is what Anthropic has reportedly said in its prospectus, seen by Reuters and the FT, despite still eyeing a $2 trillion valuation. That news comes after OpenAI pulls its latest model over safety concerns, while Mistral AI CEO Arthur Mensch tells CNBC the current AI slowdown debate in the U.S. is a cover for the “negligence” of some rivals. In markets, bond yields continue their inexorable march higher as President Trump rejects a proposal that would reopen the Strait of Hormuz. And in the U.K., speculation mounts that Andy Burnham could signal an end to the totemic 'triple lock' on U.K. pension payments - as he prepares to address Labour's party conference for the first time as Prime Minister.

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