Goto

Collaborating Authors

 Banking & Finance


AI wealth boom sending San Francisco home prices surging: 'It's ridiculous'

The Guardian

The'painted ladies' in San Francisco on 20 August 2024. The'painted ladies' in San Francisco on 20 August 2024. Home prices in the San Francisco Bay Area's already expensive market are skyrocketing as employees at leading artificial intelligence companies come into gargantuan sums of money thanks to a boom in initial public offerings . With San Francisco's OpenAI and Anthropic, as well as SpaceX, which operates a major facility in the Los Angeles area, eyeing debuts on the stock market, the hot housing market may not abate soon. If their initial public offering (IPO) is well-received, the companies' multibillion-dollar valuations are poised to produce massive wealth for employees and executives holding shares, which experts say could trigger an uptick in demand for the Bay Area's limited housing stock.


Americans Are Trading Billions of Dollars on Polymarket's Banned Offshore Platform

WIRED

Americans Are Trading Billions of Dollars on Polymarket's Banned Offshore Platform It's the first estimate of how many Americans are sneaking onto Polymarket's banned crypto-based platform. Approximately 30 percent of the trading volume on Polymarket comes from the United States, according to a new study--an eye-popping number, considering that none of those people are legally allowed to use the crypto -based platform. The study, conducted by Rutgers University statistician Harry Crane, estimated that people in the US funneled between $10.6 to $26.7 billion through Polymarket. To track the platform's activity, Crane looked at what appeared to be US-based trades on offshore prediction market platforms from May 2025 to the end of April 2026. He found that many of the highest-volume markets on Polymarket were US-centric, including those covering US elections and sporting events.


Japan financial firms to join NEC-Anthropic AI collaboration

The Japan Times

Anthropic CEO Dario Amodei speaks during the World Economic Forum's annual meeting in Davos, Switzerland, in January. Electronics maker NEC said Thursday that major Japanese financial institutions, including Sumitomo Mitsui Financial Group and MS&AD Insurance Group Holdings, will participate in its strategic collaboration with U.S. startup Anthropic in the field of artificial intelligence. The partnership aims to improve the quality of financial services for customers using AI and to strengthen measures against cyberattacks. The other companies are Sumitomo Life Insurance, Daiwa Securities Group, Sumitomo Mitsui Trust Group, Sumitomo Mitsui Trust Bank and Meiji Yasuda Life Insurance. Using Anthropic's AI technology, the partners will work not only on developing new services but also on improving productivity by streamlining business processes at each company.


The Temporal Graph of Bitcoin Transactions

Neural Information Processing Systems

Since its 2009 genesis block, the Bitcoin network has processed >1.08 billion (B) transactions representing >8.72B BTC, offering rich potential for machine learning (ML); yet, its pseudonymity and obscured flow of funds inherent in its UTxO-based design, have rendered this data largely inaccessible for ML research. Addressing this gap, we present an ML-compatible graph modeling the Bitcoin's economic topology by reconstructing the flow of funds. This temporal, heterogeneous graph encompasses complete transaction history up to block 863000, consisting of >2.4B nodes and >39.72B edges. Additionally, we provide custom sampling methods yielding node and edge feature vectors of sampled communities, tools to load and analyze the Bitcoin graph data within specialized graph databases, and ready-to-use database snapshots. This comprehensive dataset and toolkit empower the ML community to tackle Bitcoin's intricate ecosystem at scale, driving progress in applications such as anomaly detection, address classification, market analysis, and large-scale graph ML benchmarking. Dataset and code available at https://github.com/B1AAB/EBA.


Anthropic releases 'safe' version of Claude Mythos AI model to public

The Guardian

Anthropic, the maker of the Claude artificial intelligence ( AI) models, made a new version of its technology available to the general public on Tuesday while restricting its use in sensitive areas. Dubbed Fable 5, the model is the first to be made widely available from the company's new Mythos class - its most advanced lineup of AI technology, unveiled in April but restricted to a small set of partner institutions for months over cybersecurity concerns. Anthropic promoted Fable 5 as useful for writing and debugging software code, answering complex research questions and analyzing images. Anthropic says the world should have option to'pause' on AI In parallel, Anthropic is offering an unrestricted version, Claude Mythos 5, to companies and organizations that already have access to this model family - including cybersecurity partners enrolled in its Project Glasswing program. That select group was expanded in early June to about 200 organizations in more than 15 countries and is expected to grow further.


Interview with AAAI Fellow Sanmay Das: multiagent systems

AIHub

Each year the AAAI recognizes a group of individuals who have made significant, sustained contributions to the field of artificial intelligence by appointing them as Fellows. We're talking to some of the 2026 AAAI Fellows to find out more about their work. In this interview, we chat to Sanmay Das, who was elected as a Fellow . Could you start with a quick introduction, where you work, and your general area of research? Broadly speaking, I work in multiagent systems. I've done a lot of work at the intersection of AI and economics, and over the last decade or so I've thought a lot about projects in the AI for social impact and social good space. In particular, my interest has been in the allocation of scarce societal resources, thinking about how AI can be integrated, and what it tells us about systems where we don't necessarily want full free market resource allocation.


Sumitomo Mitsui Trust mulls up to 380 billion in digital investment

The Japan Times

Manatomo Yoneyama, president of Sumitomo Mitsui Trust Bank, speaks during an interview at the bank's headquarters in Tokyo's Chiyoda Ward on May 22. | JIJI Sumitomo Mitsui Trust Bank plans to invest ¥360 billion ($2.2 billion) to ¥380 billion in digital technologies over three years, President Manatomo Yoneyama said in an interview. The bank also plans to spend ¥30 billion to optimize its operations. It will utilize artificial intelligence technology for office tasks and reposition some 900 employees to client-facing roles. The bank made an AI agent, which can handle people's tasks, "100% internally," said Yoneyama, who took the helm of Sumitomo Mitsui Trust in April after working on digital innovation at the bank. He said the bank is "sensing the advantage" of the in-house development, including smooth utilization of data. It aims to sell the AI agent in fiscal 2028.


SpaceX's stock market blast-off could be Musk's biggest gamble yet

BBC News

SpaceX's stock market blast-off could be Musk's biggest gamble yet It's 07:25 am, 13 October 2024, at Starbase, near Boca Chica on the Texas side of the US/Mexico border, and on the launch pad stands the biggest rocket ever made. Its engines fire and it climbs into the skies over the Gulf of Mexico to cheers and screams in the SpaceX control room. But the launch is not the main event. What goes up must come down - and how it comes down will become a milestone in space exploration. Seven minutes later, the massive rocket booster that blasted the craft towards space starts falling back to Earth - until its engines reignite as planned.


OpenAI files SEC paperwork to go public

Engadget

We expect it to leak so we're just announcing it. Exactly a week after Anthropic announced its plan to go public, OpenAI has followed suit. The company said on Monday that it confidentially submitted a S-1 form with the Securities and Exchange Commission. No date or offer price has been set by OpenAI yet for the initial public offering. We recently submitted a confidential S-1. We expect it to leak so we're just announcing it.


You don't need to worry about recursive-self-improving AI – yet

New Scientist

You don't need to worry about recursive-self-improving AI - yet One of the world's leading artificial intelligence companies has implored the industry to pause development on AI, because the latest models could be reaching a tipping point where they become capable of redesigning themselves, growing ever more powerful and finally escaping our control. At least, that's what the headlines said. In truth, Anthropic's co-founder Jack Clark and the boss of spin-out think-tank The Anthropic Institute, Marina Favaro, have published a long blog post bigging up the capabilities of their Claude model, shortly before the company floats on the stock exchange in an initial public offering (IPO) for a rumoured $1 trillion. Let's, for a moment, ignore the vast financial elephant in the room and look at the technological claims. An AI that becomes capable of designing a more powerful version of itself, which is in turn able to pull off the same feat, is an obvious gamechanger, but it is also not a new idea.