Good afternoon and welcome to Markets Desk, your midday read on the stories moving the conversation.
Dario Amodei, CEO of Anthropic, is making waves after telling CBS Sunday Morning that the AI industry has, in his words, lied about the technology's risks. This comes one day after he called on frontier AI labs to slow their research — a striking posture from one of the field's most powerful insiders, and one that will keep regulatory pressure squarely in focus.
On that front, Washington is running out of runway. The House is expected to recess in the coming days ahead of November's midterm elections, leaving an increasingly narrow window to pass any meaningful AI guardrails. Lawmakers have been scrambling, but the clock is working against them, and the industry knows it.
Meanwhile, on the global stage, Indian Prime Minister Narendra Modi used the BRICS summit in New Delhi to deliver a pointed message to member nations — warning that geopolitical tensions, supply chain fractures, and climate stress are taking a real toll on people across the Global South, and that it is time to move from agreements on paper to tangible action on the ground.
That's the tape. Markets Desk, signing off the floor.
