Anthropic investors expect the AI start-up to be the largest ever initial public offering, Britain is cutting direct aid from states such as South Sudan and Afghanistan, and US inflation edged lower to 3.4 per cent in July as petrol prices declined. Plus, Iranian businesses are increasingly resorting to “buy now, pay later” schemes as the cost of living spirals out of control.
Mentioned in this podcast:
Anthropic investors bet on $2tn valuation in record IPO
UK cut international aid by double its forecast last year
US inflation falls to 3.4% in July
Iranians opt to ‘buy now, pay later’ as cost of living spirals
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The FT News Briefing is produced by Victoria Craig, Sonja Hutson, and Saffeya Ahmed. Our show is mixed by Sam Giovinco and Alex Higgins. Additional help from Gavin Kallmann, Michael Lello, Peter Barber and David da Silva. Our executive producer is Topher Forhecz. Flo Phillips is the FT’s global head of audio. The show’s theme music is by Metaphor Music.