Sunday, October 4, 2026 · 11:18 AM ET
AI · The Information
Anthropic told prospective IPO investors it booked a non-cash expense of more than $660 million for stock used to match employees' charitable contributions in the six months from October 2025 to March 2026 — an unusually large charge that weighs on shareholders ahead of its planned IPO.
Markets · FT
Fund managers are leaning on hedge funds and emerging-market assets as a bulwark against a sudden shift in sentiment on AI, wary that heavy index concentration in a handful of AI-linked tech stocks leaves portfolios exposed to a sharp reversal.