JPMorgan Chase CEO Jamie Dimon characterized the risks from Anthropic's advanced Mythos AI model as a 'real issue,' comparing uncontrolled access to 'giving ballistic missiles to individuals' amid heightened national security concerns.
The AI startup is in discussions with banks to expand its credit facility by several billion dollars, a common strategic move as it prepares for a potential initial public offering this year, according to reports.
BHP Group reported a quarterly recovery in iron ore shipments that pushed its full-year output to a record high, though copper production remained soft and the company lowered its future guidance for the metal.
The world's largest contract chipmaker is forecast to report a 59% jump in second-quarter net profit, driven by strong demand for its advanced 3nm, 2nm, and CoWoS packaging technologies used in AI infrastructure.
The U.S. National Transportation Safety Board's preliminary report on a fatal June crash in Texas found the driver of a Tesla Model 3 manually accelerated to over 70 mph, overriding the Full Self-Driving system.
European planemaker Airbus is reportedly in discussions to sell additional A330neo widebody aircraft to Saudi low-cost carrier Flynas, with a potential announcement timed for the upcoming Farnborough Airshow.
Cadence Design Systems has introduced AuraStack, an AI-powered agent designed to significantly speed up the design of printed circuit boards and chip packages by automating complex engineering tasks.
Mexico's benchmark stock index, the S&P/BMV IPC, closed slightly lower on Wednesday, weighed down by losses in the industrial and consumer sectors. The index fell 0.17% despite gains in aviation and banking stocks.
Russia's benchmark stock index, the MOEX, closed down 2.68% to its lowest point in three years, driven by heavy selling in the mining, oil, and gas sectors. Volatility surged to a 52-week high as investor sentiment soured.
