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Reuters Morning Bid

AI's trillion-dollar bet

July 31 · 7 min
0:00-7:47

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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

Subscribe to Mike Dolan's Morning Bid⁠⁠⁠⁠ newsletter,⁠⁠⁠ and check out his columns on⁠⁠⁠⁠ Reuters Open Interest⁠⁠⁠⁠.

Read more from ⁠⁠⁠⁠Amanda Cooper⁠⁠⁠⁠ and⁠⁠⁠⁠ Anna Szymanski⁠⁠⁠⁠.

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