AI's trillion-dollar bet

AI's trillion-dollar bet

Published: July 31, 2026

Duration: 7:47

Big Tech's spending on AI has now topped a trillion dollars and investors want to returns. Anthropic's Claude AI hacked three companies during testing. Plus, the yen remains under pressure despite intervention.

Today’s recommended read: Europe makes trillion-euro bet to revive its battered industry by Ron Bousso

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Read more from ⁠⁠⁠⁠⁠Amanda Cooper⁠⁠⁠⁠⁠ and⁠⁠⁠⁠⁠ Anna Szymanski⁠⁠⁠⁠⁠.

Produced by Eliza Davis Beard and Abisoye Osundairo.

Sound engineering and music by Sebastian and Josh Sommer.

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