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The Lead Anthropic, the AI firm behind the Claude chatbot, has confidentially filed for an initial public offering on the US stock market. The company's valuation and offering terms remain undisclosed. IPO Filing Details The AI firm announced the filing on Monday, but did not disclose the valuation it will target on the stock market, nor did it make public other terms of the offering. This move comes after the company raised $65bn in funding to value the company at $965bn post-money, surpassing its previous valuation of $380bn in February. The Data Analysis Valuation: $965bn post-money (after recent funding) Previous valuation: $380bn (in February) Funding raised: $65bn The Impact Analysis This filing makes Anthropic the world’s most valuable AI startup, eclipsing its competitor OpenAI, which is expected to file for a public offering in the coming weeks. The financial stakes of the AI race are rising as several major players, including Elon Musk’s SpaceX, OpenAI, and Anthropic, are slated to go public this year. The Prediction With SpaceX also filing for a stock market float at a valuation of about $1.75tn, the AI and tech industries are poised for significant changes in the public market. The successful IPO of Anthropic could set a precedent for other AI startups looking to go public.

Three former YouTubers have turned the horror genre into a springboard for Hollywood breakthroughs, delivering box‑office results that rival big‑studio titles and prompting a fresh debate about the value of online platforms as training grounds for filmmakers. From YouTube Shorts to Box‑Office Hits: The 2026 Horror Surge In January, Markiplier (real name Mark Fischbach) self‑released the sci‑fi horror adaptation Iron Lung, which quickly outgrossed several major studio releases. By May, comedy‑sketch star Curry Barker debuted Obsession, a sub‑million‑dollar film that became the summer’s box‑office phenomenon, posting higher earnings in its second and third weekends than in its opening week. Simultaneously, 20‑year‑old visual‑effects artist Kane Parsons saw his internet‑meme‑inspired film Backrooms claim the top spot at the North American box office, surpassing titles such as Wuthering Heights, Scream 7 and the latest Pixar release. Box‑Office Numbers That Redefined Indie Success Obsession – budget under $1 million; weekend‑to‑weekend growth of > 30 % after debut. Backrooms – became the highest‑grossing A24 release of the year within weeks. Iron Lung – outperformed several mid‑tier studio titles in its opening weekend. Why Horror Became the Gateway for Online Creators The post‑pandemic market has favored horror for its low production costs and strong youth appeal. These creators, accustomed to rapid‑turnaround, click‑driven content, found horror’s emphasis on visceral reaction a natural extension of their YouTube skill set. Moreover, horror’s budget flexibility allows newcomers to experiment without the financial risk that studios typically attach to comedy or superhero projects. What the Next Wave of YouTube‑Trained Directors Might Look Like Industry observers expect more online personalities to test the feature‑film waters via genre projects that can be produced cheaply yet marketed aggressively through social platforms. As audiences continue to trust creators they follow online, studios may increasingly scout YouTube talent for horror, thriller and even genre‑blending hybrids, blurring the line between digital‑first and traditional cinema.

Kane Parsons' Historic Achievement Kane Parsons has become the youngest film-maker to open a film at number one at the North American box office for his directing debut Backrooms. The Success of Backrooms Parsons, 20, is seven years younger than the previous record holder, Josh Trank, who was 27 when his debut Chronicle recorded a $22m opening in 2011. Backrooms stunned industry observers by taking $81m in its first weekend in North America – which was also a record for its studio, A24. The Film's Background Backrooms, described by the Guardian’s chief critic Peter Bradshaw as “an icily brilliant and genuinely disturbing conceptual horror film” is based on Parsons’ YouTube series of the same name, inspired by the “creepypasta” of the same name, referring to a fictional space of infinite, interconnected spaces. Addressing Controversy Parsons’ age has led to claims online that he did not in fact direct the film, with actor Mark Duplass responding: ““Hmmm, with all due respect I don’t remember seeing you on set. When I was there, Kane was 100% in control. More so than many directors 3x his age.” Parsons himself also commented on the rumours, saying: “This is actually all true. They don’t tell you this, but 96% of all movies released in North America and Europe are actually directed by the same person. They call him ‘The Older Gentleman’. He has had all of Hollywood in a chokehold for decades now.” Comparison with Other Low-Budget Horror Films Backrooms' box office success follows that of another low-budget horror film, Obsession, directed by Curry Barker. Barker, at 26, is six years older; his film was released on 15 May with a $17.1m opening weekend in North America, and has now recorded $104.7m after four weeks.

The Ban on Cenk Uygur and Hasan Piker US political commentators Cenk Uygur and Hasan Piker have been barred from entering the United Kingdom. British authorities cited their public comments about Israel as the reason for the decision. The Event Details Uygur, co-founder of The Young Turks, learned of the restriction while trying to board a flight to London. He was scheduled to attend the SXSW London festival and deliver a speech at Oxford University. Piker, a staunch supporter of Palestine and one of the internet's biggest political streamers, also had his UK visa revoked as he prepared to travel to the same event. The Reason Behind the Ban According to Uygur, British authorities told him he is considered "a serious risk to the public order" due to his criticism of Israel. He claimed that the government stated his comments about Israel's influence on the American government are antisemitic. Piker also stated that the UK used the terminology "not conducive to the public good" when denying him entry. The Impact on Free Speech The restrictions have sparked concerns about free speech and the influence of Israel advocacy organizations on public discourse. Piker stated that "Israel advocacy organisations have unbelievable amounts of power over what even the United Kingdom has to say and do; if you are an avowed anti-Zionist, your travel will be restricted." The Future Implications This incident comes weeks after British authorities barred US rapper Ye from entering the country, citing his history of anti-Semitic remarks. The decision has raised questions about the UK's stance on free speech and its relationship with Israel.

Australian Cycling History Made at Giro d'ItaliaJai Hindley has roared again in the "pinnacle of cycling", making history as just the second Australian to enjoy three overall podium finishes in Grand Tours as he rode home for a valiant third place in the Giro d'Italia. As new champion Jonas Vingegaard confirmed his place among the sport's all-time elite in Rome by completing his set of the three Grand Tour triumphs and dominating the 109th Giro with five magnificent stage wins, Hindley underlined why he is one of Australia's greatest.Hindley's Remarkable Comeback JourneyThe 30-year-old had been ill during the race, needing to take antibiotics in the second of the three weeks, yet recovered spectacularly to complete his own set of Giro podium finishes, having won in 2022, been runner-up in 2021 and now third. Only the great former Tour de France winner Cadel Evans has had more Grand Tour podium finishes among Australians, with five.The often unsung Perth rider Hindley said on the eve of the race from Bulgaria that he and his Red Bull BORA-hansgrohe team "aren't here to lick stamps". That was his 2026 version of his famous but bewildering affirmation "we're not here to put socks on centipedes" in the year he won. The translation was that he and his team weren't once again there to mess around, and after he proved stronger over the race than his talented young co-team leader Giulio Pellizzari to assume the role of main man, Hindley lived up to his promise."The second week was very hard for me, I was really quite sick. I even had to take antibiotics, but I seem to be back in time," Hindley had smiled after a remarkable third-week resurgence saw him move into third place overall on the 19th of the 21 stages.Australian Cyclists Dominate Final StandingsOn Sunday, the largely processional ride into the capital ended with Italian Jonathan Milan winning the final-stage sprint and Vingegaard clinching his fourth Grand Tour, having twice won the Tour de France and last year's Vuelta, where Hindley had signalled he was recovering his best form with a fourth-place finish. Hindley did suffer a mechanical mid-race on Sunday but swiftly got back to the peloton. He ended 6 minutes 25 seconds behind Vingegaard, and 1:03 behind runner-up, Austrian Felix Gall."I haven't had a good result in a Grand Tour for a long time, and to be fighting for the podium again was really nice," said Hindley. "For me, the Grand Tours are the pinnacle of cycling, and being competitive in them is what I train for."It was only the second Giro in a decade in which there wasn't a stage won by an Australian, following the early abandonments of the luckless Kaden Groves and Jay Vine with crashes, but, impressively, there were four Australian finishers in the top 17. Michael Storer (Tudor Pro) finished a career-best seventh at 10:13 down, Ben O'Connor (Jayco AlUla) was 16th at 24:12 and Chris Harper (Pinarello Q36.5 Pro) 17th at 30:43.Elevating Australian Cycling on World StageHindley's achievement places him among the elite of Australian cycling history, with only Cadel Evans boasting more Grand Tour podium finishes. His consistent performances across multiple Grand Tours demonstrate the growing strength of Australian cycling on the international stage. The presence of four Australians in the top 17 of the Giro d'Italia further highlights the depth of talent coming from Australia.Future Prospects for Australian CyclingWith Hindley establishing himself as a consistent contender in Grand Tours and younger Australian riders like Pellizzari showing promise, the future looks bright for Australian cycling. The country's ability to produce multiple top-tier cyclists suggests that Hindley's historic achievement may be just the beginning of a new era for Australian cycling excellence on the world stage.

The LeadMiddle East tensions are escalating on two fronts as Israel expands its military operations into Lebanon while simultaneously, the United States appears to be nearing a significant agreement with Iran. These parallel developments are reshaping the geopolitical landscape of the region and drawing international attention.Israel's Military Expansion into LebanonIsrael has launched what is being described as its largest advance into Lebanon in years, with airstrikes reportedly devastating areas including Tyre. This military expansion represents a significant escalation in the ongoing conflict between Israel and Hezbollah, the Lebanese militant group. The operation appears to be targeting positions held by Hezbollah along the border region, though the full scope and objectives of the invasion remain unclear.Global Condemnation and Diplomatic ResponseThe international community has reacted swiftly to Israel's actions, with France formally requesting an emergency meeting of the UN Security Council. This diplomatic move indicates growing concern among world powers about the potential for wider regional conflict. The Security Council meeting will likely focus on de-escalation efforts and humanitarian concerns as the violence continues to unfold.US-Iran Diplomacy DevelopmentsSimultaneously, diplomatic efforts between the United States and Iran are reportedly reaching a critical juncture. US President Donald Trump has announced that he is close to securing a 'very good deal' with Iran, though US media sources suggest that the administration is pushing for significantly tougher terms than in previous negotiations. These talks come amid heightened tensions between the two nations, with both sides attempting to establish new terms for their relationship.Regional ImplicationsThe parallel developments in Lebanon and Iran-US relations create complex dynamics across the Middle East. While Israel focuses on its northern border with Lebanon, the potential for a US-Iran agreement could reshape Iran's relationships with regional allies and adversaries. These simultaneous developments may be strategically linked, with each potentially influencing the other's trajectory.Future OutlookThe coming weeks will be critical in determining the outcomes of both situations. In Lebanon, the international community will be watching for any potential ceasefire agreements or further escalation. Meanwhile, the US-Iran talks could result in a new agreement that alters the geopolitical balance in the region. Both developments will likely have significant implications for Middle East stability and global security.

The LeadPlymouth Argyle has informed the vast majority of their women's first-team players that their contracts will not be renewed this summer, just weeks after they narrowly missed out on promotion to Women's Super League 2. The decision, communicated through an email from chief executive Paul Berne, has left players feeling undervalued despite their successful season.The Abrupt End to a Promising SeasonIn an email sent to almost all of the senior squad, Plymouth's chief executive, Paul Berne, explained that the "difficult decision" to let the players go reflected "the direction of the squad for next season" and went on to thank them and offer them job references. According to multiple sources, the club's decision to let so many players go is primarily a financial one, coming amid plans to significantly reduce the women's team's playing budget in the summer.The Financial Reality Behind the DecisionThe news follows the resignation of the team's head coach, Marie Hourihan, on May 28, and it is believed that the club's budget cuts were a contributing factor towards her decision to resign. The coach was understood to be popular with the players and the supporters. Plymouth finished second in the Southern section of the FA Women's National League this term, missing out on automatic promotion by just one point, behind the champions Watford, who were promoted.Player Response and Communication ConcernsIn a joint statement released on Sunday evening, Plymouth's players expressed their disappointment with how the decision was communicated. "The decision was communicated through a cold, impersonal email, providing us with no opportunity for open, honest or meaningful dialogue and preventing us from gaining clarity on the situation," the players stated. "We feel the staff and players who have given everything for the badge this season should have been treated with greater care, respect and empathy."The Playoff HeartbreakFinishing second saw Plymouth contest May 4's playoff decider against the Northern division runners-up, Wolverhampton Wanderers, who went on to secure a slender 1-0 win over Argyle in Burton, in a game in which Plymouth created several fine chances before hitting the woodwork late on. The vast majority of the squad were understood to be on one-year contracts – as is commonplace across the lower leagues in the women's game – but it was a shock for the players to learn that they were being let go this summer.Future Implications for Women's FootballThe situation at Plymouth highlights the ongoing financial challenges facing women's football, particularly at the lower levels of the game. With players having limited time to find new teams after the season ends, the abrupt nature of these cuts raises questions about how clubs can better support their athletes through transitions. The incident also underscores the importance of transparent communication between clubs and players during times of organizational change.

The Socceroos' World Cup Squad Revelation The Socceroos have named two uncapped attackers in their World Cup squad for this month’s World Cup, as coach Tony Popovic rolls the dice in a bid to find an attacking spark. New Faces in the Squad Winger Cristian Volpato, the former Italy youth international, has been rushed into the squad after the paperwork allowing his change of allegiance was only completed in the past week. Towering striker Tete Yengi has also won a place after a strong year with Japanese club Machida Zelvia. The Selection Process Coach Tony Popovic said selecting 26 players was not easy. “A range of factors has gone into selecting this final World Cup squad. Some difficult decisions had to be made – that’s the nature of major tournaments,” Popovic said. “But it’s also a credit to all the players involved over the past few weeks who worked extremely hard during an extended and challenging pre-camp. Players Who Missed Out Popovic had to cut four players from his training squad to meet the 26-player limit. The unfortunate four are goalkeeper Joe Gauci, defender Kye Rowles and forwards Brandon Borrello and Martin Boyle. Key Players in the Squad Selection in a second World Cup caps an unlikely comeback for Harry Souttar, who suffered an achilles injury in December 2024 and has only just returned to the field. The 27-year-old provides a physical presence in both goalboxes, highlighted by his improbable international goalscoring rate of better than one every four matches. A Young and Experienced Mix The group includes striker Mo Toure and forward Nestory Irankinda, defender Alessandro Circati and fullback Jordy Bos. All are 23 or under, and all have proven themselves effective already in some of Europe’s toughest leagues. Their presence is balanced by veterans Mathew Leckie and Maty Ryan, Jackson Irvine and Aziz Behich. Squad List Goalkeepers: Patrick Beach (Melbourne City), Paul Izzo (Randers), Mat Ryan (Levante) Defenders: Aziz Behich (Melbourne City), Jordan Bos, (Feyenoord), Cameron Burgess (Swansea City), Alessandro Circati (Parma), Milos Degenek (APOEL), Jason Geria (Albirex Niigata), Lucas Herrington (Colorado Rapids), Jacob Italiano (Grazer AK), Harry Souttar (Leicester City), Kai Trewin (New York City) Midfielders: Cameron Devlin (Hearts), Jackson Irvine (St Pauli), Mathew Leckie (Melbourne City), Connor Metcalfe (St Pauli), Aiden O’Neill (New York City), Paul Okon-Engstler (Sydney FC) Attackers: Ajdin Hrustic (Heracles Almelo), Nestory Irankunda (Watford), Awer Mabil (Castellon), Mohamed Touré (Norwich City), Nishan Velupillay (Melbourne Victory), Cristian Volpato (Sassuolo), Tete Yengi (Machida Zelvia)

The Lead: Anthropic's Historic ValuationAnthropic, the AI firm behind the Claude chatbot, announced on Thursday it had raised $65bn in funding to value the company at $965bn post-money. The move makes Anthropic the world's most valuable AI startup, eclipsing its competitor OpenAI.The Rise of a New AI PowerhouseThe deal marks an exceedingly successful period of growth for Anthropic, which was once considered to be a smaller player in the global AI arms race. The widespread adoption of its products by large enterprise businesses, especially following its release of powerful coding assistants late last year, has turned it into a dominant player in the industry.Financial Impact: A Reshuffled AI IndustryAnthropic's new valuation cements a reshuffling of the AI industry's power dynamics, putting a dollar figure on Claude's increased cultural and commercial prominence. The deal is also likely to have implications for this year's blockbuster slate of initial public offerings, which includes rivals OpenAI and SpaceX.Industry Implications: Safety Focus vs. Market DominanceIn addition to orienting its business more towards enterprise and coding services than some of its consumer-forward competitors, Anthropic has also postured itself as a more safety-focused company. One of Anthropic's co-founders was present earlier this month at Pope Leo's release of a more than 43,000-word encyclical which warned against the dangers of AI and called for a reining-in of the technology.The firm is also still locked in a legal battle with the Pentagon following its refusal earlier this year to remove safeguards that would allow Claude to be used for mass domestic surveillance or lethal autonomous weapons systems, which could kill people without human input.Future Outlook: Geopolitical and Political InfluenceThe White House was forced to ease its feud with Anthropic somewhat in recent weeks, however, after the company announced that it was withholding the release of its latest Mythos model over cybersecurity concerns. The episode sparked a small-scale geopolitical crisis as nations worried about vulnerabilities to financial systems and critical infrastructure.Anthropic is additionally set to be an influential force in the US midterm elections, pouring millions into lobbying efforts and Super Pacs aimed at candidates and legislation that aligns with its views on regulating AI. The firm has called for more government oversight of the technology, breaking with other tech industry leaders and OpenAI which advocate for a more lax regulatory framework.The AI Funding Race ContinuesThe company's valuation underscores the enormous amounts of money still flowing into the AI industry, despite widespread public distrust of the technology. Anthropic's valuation follows OpenAI raising $122bn in March to be valued at $852bn, with the possibility it will seek a $1tn IPO later this year.