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Anthropic, the company behind the Claude AI assistant, is heading toward a major public listing, planning to offer shares at between seventy and seventy-eight dollars each — a move that would value the company at sixty-four billion dollars. It's a significant moment for the AI sector, signaling that investor appetite for artificial intelligence infrastructure remains strong despite broader market uncertainty.
Shifting to a security concern that affects millions of iPhone users, Binance has raised the alarm over an iOS vulnerability being called the worse-query bug. A researcher disclosed the flaw just days before Apple's latest security update, and the concern is serious — it could potentially expose users' private cryptographic keys. Apple has not yet publicly confirmed the vulnerability, which is the kind of silence that tends to make security professionals nervous.
And staying in the crypto space, Binance is also cutting off transfers to and from the exchange MEXC, after the US Financial Crimes Enforcement Network linked the platform to sixteen billion dollars in suspicious financial flows. Binance says it will reject withdrawals to MEXC and hold incoming deposits for review — a significant escalation in regulatory pressure on smaller crypto exchanges operating in or near US markets.
That's your Tech Beat briefing for today. Keep surfing. Tech Beat out.
