Bank of England Governor Andrew Bailey highlights emerging risks associated with frontier AI models during a central banking conference in Iceland. He also addresses recent apprehensions regarding the private credit market and discusses the central bank's proposals for stablecoins in a conversation with Bloomberg's Stephanie Flanders.
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AI RisksStablecoinsPrivate CreditCentral Banking
Bank of England Governor Addresses AI Risks and Financial Concerns at Conference
Bloomberg Technology· Andrew Bailey· Sunday, May 31, 2026
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Startup FundingGenerative AIAI ValuationAnthropic
Anthropic Secures $65 Billion Funding, Valuation Surpasses OpenAI at $965 Billion
Anthropic has successfully raised $65 billion in a funding round, bringing its total valuation to $965 billion, surpassing that of its competitor OpenAI for the first time. The development marks a significant milestone in the AI sector, as reported by Bloomberg's AI reporter Shirin Ghaffary during an interview with Tim Stenovec on 'Bloomberg Tech.'