
Anthropic Insiders Put Odds of AI Killing Humanity Above 10%
A departing Anthropic researcher, Jacob Coxin, ignited a firestorm this week by claiming staff at both Anthropic and OpenAI privately believe advanced AI could wipe out humanity by the end of the decade. His post drew roughly 100 million views in under 24 hours, and a current Anthropic alignment lead endorsed it, pegging the probability of extinction-level outcomes above 10%. The disclosures amount to material public statements from a company preparing for one of the largest IPOs in history, raising the prospect of congressional testimony, subpoenas and securities-fraud exposure if the warnings prove overstated.
Apple Unfurls $2,000 Foldable iPhone in Turnus Debut
Apple unveiled the iPhone Duo, a foldable device roughly the size of a passport with a display 80% larger than the latest iPhone, priced at $2,000. The launch marked the first product event under new CEO John Turnus, who took over from Tim Cook on September 1st, alongside refreshed iPhone 18 models, AirPods 5 and a new Apple Watch. Shares closed roughly flat.
AI Revenue Rests on a Sliver of Customers Now Pulling Back
Roughly 80% of enterprise revenue at OpenAI and Anthropic comes from just 1% of business customers, according to Ramp's latest AI index, and that cohort is now cutting spend. Per-employee monthly outlays among top spenders fell about 10% to $7,200, even as token usage rose, as firms migrate from frontier models to cheaper standard and lite tiers amid an escalating price war.
Oil Tops $101 as Middle East Fighting Rattles Markets
Brent crude pushed above $101 a barrel for the first time since May as fighting in the Middle East escalated, dragging major US indices lower. Ten-year Treasury yields hit their highest level since 2023 after the Treasury tripled its debt buyback programme to $6bn, while odds of a US rate hike next week climbed to 57%.