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Anthropic S1 Shows $80 Billion Loss This Year, WSJ Reports

Anthropic PBC could spend $750 billion on additional computing power in the coming years and it lost $80.7 billion in the first half of this year, according to the Wall Street Journal. The media outlet says it obtained a copy of the company's S1 filing as it prepares to go public. Romaine Bostick and Jess Menton report.

Read more: Anthropic S1 Shows $80 Billion Loss This Year, WSJ Reports
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Financial

Russian Satellite Raises Space Warfare Fears

Clayton Swope, deputy director of the CSIS Aerospace Security Project, said that we shouldn't look at movement in Space as separate from what countries do on on earth, after a Russian satellite approached an American satellite used by Ukraine. Swope said that the move should be evaluated as an 'example of Russia doing hybrid warfare zone activities that threaten US interests and European interests' and is all part of the same geopolitical problem as the Russia Ukraine war.

Read more: Russian Satellite Raises Space Warfare Fears
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Financial

Iran, China & Russia Look to Seize on Election Opportunity, Says Mara Rudman

Mara Rudman, senior fellow at the University of Virginia's Miller Center and former US State Department official, said that one of the challenges facing the United States is that President Trump sees himself as 'part of the club' of leaders including Putin and Xi. Rudman said that countries like Iran, China and Russia are looking to 'maximize the opportunities' they have to create instability during the US midterm elections and the presidential election in Israel.

Read more: Iran, China & Russia Look to Seize on Election Opportunity, Says Mara Rudman
Bloomberg
Financial

JPMorgan Brings JPM Coin To Ether For Clients

Bloomberg's Anna Irrera  joins joins Scarlet Fu and James Seyffart on "Bloomberg Crypto." JPMorgan Chase is launching its deposit token on Ether, extending the lender's push into blockchain payments. JPM Coin which represents US dollar deposits at the largest US bank will be made available to the company's institutional clients on the Ethereum network.

Read more: JPMorgan Brings JPM Coin To Ether For Clients
Bloomberg
Financial

Dems Line Up Legal Defenses as Trump Resurfaces Election Fraud Claims

Jim Messina, CEO of Fortius Global, said that he is watching voter enthusiasm numbers in the final two weeks leading up to the midterm elections and sees Democrats with a wide lead in those polls. Messina, a consultant who was former President Barack Obama's 2012 campaign manager, said Democrats are also preparing to defend the election results and are lining up lawyers 'to make sure that we actually have a free and fair election' as President Trump resurfaces election fraud claims.

Read more: Dems Line Up Legal Defenses as Trump Resurfaces Election Fraud Claims

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