Anthropic has warned that artificial intelligence could pose “catastrophic or existential risks to humanity” as it unveiled details of its planned blockbuster stock market listing in the US. The company behind AI chatbot Claude revealed losses of more than $80.7bn (£60.5bn) in the first half of the year, but said it had $112.4bn in cash or equivalents, and generated revenues of $16.3bn over the same period. The number of shares to be released, their price range, and a date for the listing have not been disclosed. Anthropic’s valuation when it goes public has been expected to exceed that of SpaceX, which this summer was the biggest-ever stock listing at an initial valuation of about $1.8 trillion. BBC

The owners of Elvis Presley’s music catalogue are suing the artificial intelligence (AI) company Anthropic for allegedly using Presley’s songs to train their models without permission. Authentic Brands Group, the licensing organization that has ownership of both Presley’s music and likeness, is accusing Anthropic of infringing on the rights of 274 songs by Presley. The lawsuit, first reported by Billboard, was filed on Friday. The Guardian

Meta is raising $95bn to fund its AI push even as Elon Musk warned that hundreds of data centre start-ups face collapse over a cash crunch. Mark Zuckerberg’s tech giant, which owns Facebook, Instagram and WhatsApp, is raising the money to bankroll the infrastructure and compute capacity needed for its push into AI, which it said was creating “significant opportunities” for the business. It marks one of the largest share offerings ever and follows Google’s parent company Alphabet raising $90bn in June to fund its own AI expansion.

Viewers have described Elon Musk’s AI-generated adaptation of Homer’s as “pure garbage” after Grok Imagine released its first seven-minute episode, three months after the billionaire promised a full-length film that would be “historically accurate and true to the art of Homer”. The seven-minute episode of the Grok Imagine project released on X, formerly Twitter, was stated to be a “creative collaboration” with Wonder Studios and director Dev Walker, both of whom specialise in AI filmmaking. Independent 

Apple has scheduled a product showcase in Los Angeles for October 28, where it is expected to unveil its first MacBook Pro with a touchscreen. The redesigned laptop is reportedly getting an OLED display, a slimmer and lighter body, and a Dynamic Island-style cutout. Apple is also preparing an updated iMac with a new M6 chip and additional color options, according to Bloomberg’s Mark Gurman. A touchscreen MacBook Pro would mark a significant shift for Apple, which has never equipped its Mac laptops with touchscreens, reserving touch input for devices such as the iPad.  Notebook Check

The cyber-attack that crippled operations at Jaguar Land Rover (JLR) last year was state-sponsored, a former defence minister has admitted. Al Carns’s comments are the first acknowledgement from a government figure that a hostile foreign power backed the attack in August last year. The hack on JLR is estimated to have cost as much as £2.1bn, making it the most expensive in British history. It forced the company to halt production and threw 200,000 jobs into doubt as the car giant was unable to resume much of its operations until five weeks later. Telegraph 

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