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How HSBC's Sharia fund invested millions in Israeli war-linked firms
'This is an apartheid regime' Does Trump have real leverage over Netanyahu? How HSBC's Sharia fund invested millions in Israeli war-linked firms Share How HSBC's Sharia fund invested millions in Israeli war-linked firms on social media The United Kingdom's biggest so-called Sharia-compliant fund spent more than $130 million to buy shares in several companies linked to the Israeli military amid an ongoing genocide in Gaza, pogroms in the occupied West Bank, and occupation of southern Lebanon. HSBC, Europe's second-largest bank, invested the funds through its Islamic Global Equity Index Fund in companies linked to Israel's military supply chain - from components used in weapons to technology and equipment with military applications. The firms range from US tech giant Palantir to the world's second-largest arms company, RTX. Israel's genocidal war on Gaza has killed more than 74,300 Palestinians since October 2023, including nearly 1,500 killed since a "ceasefire" was agreed upon last year.
Magic: The Gatherings Marvel Darkhold Destiny Arcanum Bundle is way below market price on Amazon
Mashable's Best: E-readers, robovacs, laptops, earbuds, smart home and more Mashable Selects Gift Ideas For Everyone On Your List Say More Versus Trending Now Look Up In My Bag Mashable @Home Top creators, ranked Creator Playbook AI at School All Series Magic: The Gathering's Marvel Darkhold Destiny Arcanum Bundle is way below market price on Amazon Ben Williams is a freelance writer at Mashable, having joined the team in June 2025. With over 10 years experience in gaming, tech, TV, anime, and film, there's nothing he hasn't covered. Alongside Ben's other work at IGN, Radio Times, Eurogamer, UNILAD Tech, and Rock Paper Shotgun, he also has bylines at sites like GamesRadar+, PCGamesN, ScreenSphere, Twinfinite, ScreenRant, GGRecon, and more. All products featured here are independently selected by our editors and writers. If you buy something through links on our site, Mashable may earn an affiliate commission.
AI firm Anthropic to commit 5% of shares to fund for 'public good'
Anthropic was valued at $965bn in May when it raised $65bn in a funding round. Anthropic was valued at $965bn in May when it raised $65bn in a funding round. AI firm Anthropic to commit 5% of shares to fund for'public good' Anthropic has said it will commit 5% of its shares to a fund for the "public good", as the AI developer behind the Claude chatbot seeks to bolster its appeal before its stock market listing. The company announced it would commit the shares, worth around $48bn (£36bn) at its latest valuation in May, subject to shareholder approval. It will add a further 2% of its stock to the fund for every 50% increase in its value above an undisclosed baseline.
Computer Chips Are the Most Magnificent Things Humanity Has Ever Made
They power our phones, cars, dishwashers--and the A.I. systems that prop up the economy. "We don't have a rating scale for complexity, but rockets are maybe a five," an investor said. His partner added, "Semiconductors are an eleven." There are a handful of truly monumental collective achievements in our history: Machu Picchu, the Great Wall of China, the Pyramids of Giza, and perhaps, if we're being generous, the Roman aqueducts. Modern global civilization has made one contribution to this eternal pantheon. It is not the moon landing. It is the semiconductor supply chain. A microchip is a bauble of metal and refined sand. It doesn't appear to have epic proportions. Upon close examination, however, the epic proportions are there in miniature. Imagine a perfect replica of a sprawling metropolis, a Tokyo or a São Paulo, engraved at atomic dimensions on a tile the size of a fingernail. The urban details would be faithfully rendered to the last golf ball or egg--each reduced to ...
Anthropic says it will commit 5% of its shares to 'public benefit fund'
Anthropic says it will commit 5% of its shares to'public benefit fund' Artificial intelligence (AI) giant Anthropic says it will commit 5% of its shares to a fund that will make donations for the public good. The announcement comes as Anthropic lays the ground for a potential blockbuster stock market listing that could value the firm at more than $1tn (£750bn). The AI industry has come under intense scrutiny recently over safety concerns and fears about its impact on society and the economy. Anthropic reportedly said in its initial public offering (IPO) filing that AI could pose catastrophic or existential risks to humanity. Anthropic said its proposed fund could support nonprofit organisations, and efforts to address AI's impact on the jobs market.
Anthropic says it will commit 5% of shares to 'public benefit' fund
Anthropic says it will commit 5% of shares to'public benefit' fund Share Anthropic says it will commit 5% of shares to'public benefit' fund on social media Anthropic has pledged to commit 5 percent of its shares to a new fund dedicated to the public good, with plans to increase the contribution as the artificial intelligence giant's market value grows. The creator of the AI assistant Claude announced the new "Anthropic Public Benefit Fund" on Sunday as tech firms face intense scrutiny over the potential dangers posed by the frontier technology. "Because of the way the Fund is structured, the more Anthropic grows, the larger the share of the company that can be dedicated expressly to the public good," the San Francisco-based firm said. "It is common practice for tech companies to offer escalating compensation awards to their executives. We are instead directing that equity to the public benefit."
Anthropic to commit 5% stake to new 'public benefit fund'
Anthropic to commit 5% stake to new'public benefit fund' Anthropic cited the potential impact of artificial intelligence on workers as one area of focus for its new fund. Artificial intelligence lab Anthropic, the developer of Claude, said on Sunday it would commit 5% of its shares to a new public benefit fund so it has increased flexibility and scale to make donations for the "public good." The proposed fund would be established as a wholly owned limited liability company and would receive an additional 2% of Anthropic's shares, at the board's discretion, for every 50% increase in the company's value above a baseline that has yet to be disclosed. The move comes at a time when Anthropic is planning one of the biggest initial public offerings in history as a public benefit corporation, a legal structure that requires management to consider certain broader interests as well as turning a profit for investors. The company, which has positioned itself as a safety-first AI lab, has said AI could pose "catastrophic or existential risks to humanity" and devoted roughly 80 pages of the 261-page main body of its prospectus to laying out risk factors.
An OpenAI research agent 'stole' test Ethereum to finish a coding task
An OpenAI research model hit another nebulous milestone today by pilfering test Ethereum tokens from a wallet it didn't control to finish a coding task, the company said in an incident report. The agent subsequently hid the act from OpenAI, saying it was fine because the tokens had no value. "This case shows that a model can substitute its own judgment about likely harm for the account holder's permission, then act on that judgment without authorization," OpenAI wrote. The incident, which occurred on June 26, happened while a GPT-5.6 Sol model was in internal training. The task involved updating a crypto trading prototype and deploying contracts (publishing special code) on an Ethereum test network called Sepolia.
Tech market sell-off deepens amid fears over US inflation and AI debt
A Hana Bank screen shows the Kopsi index with a downward graph line. The tech-heavy South Korean index fell 8% overnight in Asia, triggering circuit breakers and halting stock trades. A Hana Bank screen shows the Kopsi index with a downward graph line. The tech-heavy South Korean index fell 8% overnight in Asia, triggering circuit breakers and halting stock trades. Larry Elliott: the global economy is muddling through.