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The AI Market Surge The race is very much on. Elon Musk's SpaceX, which makes AI models as well as space rockets, announced last week it is seeking a $1.77tn (£1.31tn) valuation on the US stock market while Anthropic, the startup behind the Claude chatbot, said it had filed for an initial public offering. OpenAI, the developer of ChatGPT, is expected to follow. AI Has Sent Stocks Soaring The S&P; 500, which tracks the 500 biggest US companies, has been on a tear over the past five years – rising by nearly 80%. That jump has been driven by big tech stocks with a stake in the AI boom, the “magnificent seven” of Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia and Tesla. Expenditure Is Growing at a Staggering Rate Spending on AI – from datacentres to chips – is racing ahead, from $765bn this year to $1.6tn in 2031, according to Goldman Sachs. The investment bank acknowledges there could be problems with this scale of commitment. What if the datacentres are delayed? Firms and Consumers Are Adopting AI at Pace Despite mixed reports on the benefits, the vast majority of companies are starting to use AI – up from 33% in 2023 to nearly 80% now, according to the consultancy group McKinsey. Usage among the general public is also high, with OpenAI's ChatGPT now reaching 1bn monthly active users, according to data from Sensor Tower – a record for any app. Claude Is Snapping at ChatGPT's Heels Anthropic began to gain ground on OpenAI late last year, when its Claude Code tool went viral among mostly San Francisco-area software developers, before spreading more widely. Claude Code represented a shift in how large language models – the core technology behind chatbots – are used, ushering in a transition towards autonomous AI agents that carry out tasks without human intervention, enabling even the non-tech-savvy to create software and do a wide range of tasks. AI Is Getting More Expensive to Use Every time an AI chatbot or agent issues a response, it is measured in “tokens” – building blocks of language that can be words, punctuation marks or syllables. The costs of these vary per model; OpenAI prices it at $5 a million input tokens for GPT-5.5, and $30 a million output tokens (ie the response given to your prompt). Datacentre Building Might Not Keep Pace with Demand Datacentre construction represents the central nervous system of AI products so growing development and use of AI tools must be matched by more capacity – otherwise there will be a compute crunch, which means rising costs for AI companies and users.

The Lead An air of unreality settled on a Westminster conference room last week, as Rachel Reeves, upbeat in a powder pink power suit, gave a speech about boosting jobs and growth along the "OxCam corridor." Despite her unpopularity, the UK's first woman chancellor is quietly implementing policies that could reshape the UK's economic landscape. Regional Investment Strategy Reeves arrived in post determined to reverse the chronic underinvestment widely acknowledged to be a significant factor in UK economic underperformance. She changed the fiscal rules to make room for significantly more borrowing, with generous settlements for social housing and net zero projects. The chancellor has brought public investment and political muscle to the "OxCam corridor," creating a powerful new Development Corporation for Greater Cambridge. The Political Challenges Reeves is irrevocably associated with some of Labour's most embarrassing reversals – on the winter fuel allowance and disability benefits cuts, as well as the quieter climbdown on farmers' inheritance tax. The increase in employer national insurance contributions she reached for to avoid busting Labour's ill-advised manifesto tax pledges cannot have helped the struggling jobs market. Polling suggests Reeves is the least popular senior politician, with 66% of respondents viewing her unfavourably. Economic Impact Analysis The chancellor's approach to regional development represents a significant shift in UK economic policy. By rewriting the Treasury's green book – the rules about which taxpayer-backed projects get the go-ahead - she has ensured it is no longer biased towards spending in London and the south. Earlier this week, she visited the site in Bedfordshire where Universal is planning a vast new theme park – with the help of £1.3bn in public investment, including in local transport infrastructure. Devolution and Future Outlook Treasury officials have been working on plans that would hand metro mayors a share of tax revenues, starting with income tax. This could allow mayoralties to borrow against future income, potentially freeing them to make decisions about new projects without regularly reverting to Whitehall. Reeves's time in the Treasury has set in motion the next phase of rebalancing the UK's London-centric economy, a policy approach that may outlast her tenure as chancellor.

The Lead: Bridging Climate Divides Through ConversationIn a world increasingly polarized by political and environmental views, a unique dinner conversation between Don, a retired Conservative-leaning IT project manager, and David, a biologist with far-left leanings, offers a rare glimpse into bridging ideological divides. Their discussion touches on climate change, political leadership, and generational perspectives on environmental action, revealing both fundamental differences and surprising common ground.The Event Details: A Meeting of Opposing MindsThe dinner took place at The Castle in Farnham, where Don and David shared a meal while discussing their differing worldviews. Don, 74, a retired IT project manager who previously voted Conservative but now considers himself "apolitical," and David, 56, a biologist from South Africa who identifies as "far left" and votes Green in local elections, found themselves in a conversation that transcended typical political divides.The Climate Debate: Urgency vs. PracticalityThe central focus of their conversation was climate change, with David emphasizing the existential threat and the need for immediate action, while Don questioned the feasibility of achieving net zero by 2050, suggesting 2060 might be more realistic. David argued that "the climate crisis is an existential threat that's already affecting the people least able to cope," while Don countered with economic concerns, stating "we're in the economic doghouse, people are more concerned with putting food on the table, a roof over their heads."The Political Landscape: A Crisis of LeadershipBoth men agreed that current political systems are failing to provide adequate leadership. David noted that "the political system is coming apart" and that "current political parties aren't offering clear, coherent leadership." Don added that "unless you have some strong-minded people to make all kinds of changes that lots of people aren't going to like, we're going to continue in the slough of despondency."The Generational Divide: Different Perspectives on TimeA fascinating aspect of their conversation was the generational difference in perspective. Don, at 74, admitted he's "more focused on what songs I want played at my funeral than what's going to happen by 2050," while David, with his background studying elephants in Botswana and orangutans in Sumatra, expressed concern for the long-term future. Don acknowledged this difference, stating "of course, I want him to have a happy, prosperous life, but they've got to take up the cudgels to create the world they want."The Path Forward: Finding Common GroundDespite their differences, both men found value in the conversation. David appreciated Don's willingness to engage despite their opposing views, while Don found David's perspective "very engaging." Their discussion highlighted the importance of dialogue across political divides in addressing complex issues like climate change, suggesting that understanding opposing viewpoints may be as important as policy solutions themselves.

The Intimate Concert: Shania Twain's Pub SurpriseIn a surprising move, country superstar Shania Twain performed an intimate concert at London's Shacklewell Arms pub, transforming the small venue into a saloon for approximately 200 lucky fans. The event marked a rare, up-close performance for the singer, who is better known for stadium shows, and served as a warm-up for her upcoming appearance at Wembley Stadium supporting Harry Styles.The Pub Transformation: From Local Bar to Country SaloonThe Shacklewell Arms underwent a remarkable transformation for the event, with the usual crowd of hipsters and indie music fans replaced by attendees dressed in leopard print, double denim, and cowboy hats. The venue featured a wall of complimentary cowboy hats and bandanas, creating an authentic saloon atmosphere. Fans traveled from across the UK to attend the once-in-a-lifetime gig, with some dedicated attendees making the journey specifically to see Twain perform in such an intimate setting.Fan Experience: A Personal Connection to Country RoyaltyThe concert created a unique fan experience that differed significantly from Twain's typical large-scale performances. Attendees expressed disbelief and excitement at seeing the bestselling female country artist in a "dingy back room." For many, the event represented a rare opportunity to see Twain up close and personal, with one fan noting that they "usually only get to see her in large concerts." The cozy atmosphere allowed Twain to interact with fans on a personal level, sharing stories about her early career and even asking the audience about their favorite songs.Career Significance: Returning to Her RootsFor Twain, the performance represented a meaningful return to her beginnings. The singer revealed that she started performing in small bars from the age of eight until her late 20s, long before securing her recording contract. This intimate show connected to her upcoming album, "Little Miss Twain," which focuses on the early phases of her life before fame. The event highlighted Twain's enduring appeal and her ability to maintain relevance across generations, with fans ranging from those who grew up with her music to younger attendees discovering her for the first time.Future Outlook: From Pub to StadiumThis intimate pub performance serves as both a nostalgic look back and a precursor to Twain's upcoming stadium shows. The singer is preparing to make her first appearance at Wembley Stadium, where she'll support Harry Styles during his 12-night residency. The contrast between the tiny pub venue and the massive stadium underscores Twain's remarkable journey from small-town bars to international stardom. As she enters her fifth decade in the music industry, Twain continues to demonstrate her ability to connect with audiences across different settings and generations, solidifying her status as a cultural icon in country and pop music.

The Rise of Anti-Tech Extremism in the AI AgeWhen a 20-year-old man from Texas was arrested earlier this year for allegedly trying to burn down OpenAI's headquarters and Sam Altman's house, authorities found an anti-AI manifesto alongside his lighter and a jug of kerosene. This incident is part of a spate of attacks that has caused alarm among researchers, the tech industry and law enforcement about the rise of anti-tech extremism.In April, an Italian "nature pilled" Instagram influencer was arrested in Rome and charged with plotting a series of anti-tech attacks that took inspiration from Ted "The Unabomber" Kaczynski. Two self-described "ecofascists" that carried out a deadly anti-Muslim attack on a mosque in San Diego last month also cited "AI slop" and JD Vance's ties to Palantir as motivations for their violence in their manifesto. An Indianapolis city councilor woke up earlier this year to gunshots being fired into his home before finding a note that read "NO DATA CENTERS".The growing public backlash to the tech industry's rapid rollout of artificial intelligence has taken many, mostly-non violent forms such as local communities organizing against datacenters and political candidates promising increased oversight. Yet at the fringes, researchers say grievances against the AI industry and its leaders are animating old violent extremist movements and fomenting new ones."AI is becoming this driver of political violence, and that's a very new phenomenon," said Jordyn Abrams, a researcher at the Program on Extremism at George Washington University.AI as a Unifying Factor for Extremist GroupsWhile much of the early public discussion around generative AI and extremism focused on how malign actors like terrorist groups could misuse products such as ChatGPT for propaganda purposes or plotting attacks, there is more recent attention given to how the AI industry as a whole can radicalize people. What motivates someone to extremist violence might not be a conversation with a chatbot, researchers say, but the society-wide disruption, narrative of existential threat and lack of accountability that has come with the AI boom.In the same way that AI has come to pervade many facets of modern life, the technology has also filtered into the way that extremists think about the world. Whether it is violent anti-government groups opposing mass surveillance, ecofascists with environmental grievances, neo-Nazi accelerationists bent on collapsing critical tech infrastructure or the man who allegedly targeted Altman's house worried about superpowerful artificial intelligence destroying humanity, AI has become a fixation across the extremist spectrum."It really transcends these left-right dichotomies," said Yannick Veilleux-Lepage, an associate professor at the Royal Military College of Canada. "We're seeing a lot of different groups, a lot of different ideologies being framed through a lens of anti-AI."The Unprecedented Speed of AI TransformationThe modern anti-tech movement has a long lineage. Periods of technological change are historically accompanied by backlash from the people most affected, with researchers often pointing to the early 19th-century luddite rebellion of British textile workers smashing automated knitting machines as they demanded more labor rights. The next 200 years brought waves of violent labor disputes and political violence that accompanied tech's market disruptions, uneven accumulation of wealth and disenfranchisement of workers.In the 1990s, there was cultural pushback against the rise of the personal computer and the fear of how it would disrupt society. Common complaints included fears of replacing human workers, environmental harm and crumbling healthy social structures."Haven't you heard? It wants your job. It peddles you smut. It corrupts your kids. It's cold, sterile, inhuman. Suddenly, it's okay to hate your computer," read a New York Magazine cover story from 1995 on the "New Luddites".The same year as New York Magazine ran its cover story, the Washington Post and the New York Times published the Unabomber's anti-tech manifesto, a 35,000-word screed against industrial society that has proliferated online in the years since and become the closest thing that anti-tech extremism has to a foundational text.What separates anti-AI extremism from these previous waves of tech backlash, researchers say, is partly the speed and scale of how AI is bringing about economic, social and political change."Not only are these whole-of-society changes and not only are they really disruptive, they're happening really quickly," Veilleux-Lepage said. "There isn't time for people to build resilience or to inoculate themselves from these changes".The AI industry's longstanding talking points – that the technology will revolutionize the world, if not end it – also lend themselves to a radicalizing narrative that AI poses an existential threat and must be stopped at all costs. When Veilleux-LePage gives talks to policymakers about anti-tech extremism, one of his slides simply features a series of quotes from CEOs."In order to radicalize people, you don't actually need to have theorists or ideologues that are calling people to violence against AI, because the tech CEOs are doing a pretty good case," Veilleux-LePage said.Corporate Response and Security ConcernsAltman has often framed the changes AI will bring as something that may be difficult, but is ultimately both positive – above all, he describes the change as inevitable."I expect some really bad stuff to happen because of the technology which also has happened with previous technologies," Altman said on venture capital firm Andreessen Horowitz's podcast last year.While tech CEOs are publicly optimistic about the resilience of society and the change that AI will bring about, it is also clear that they are privately concerned with the threat of political violence. Spending on personal security for executives has ballooned over the past five years amid incidents such as the killing of UnitedHealthcare CEO Brian Thompson, while tech leaders such as Elon Musk now pour millions into their own protection. SpaceX revealed in its IPO filing earlier this year that it paid $4m last year to Musk's private security firm, double what it had spent only two years before.There are signs over the past year that the AI industry is shifting its rhetoric as it grapples with widespread public distrust. Altman claimed last month that AI would probably not lead to the "jobs apocalypse" that he once discussed, even as companies like Meta lay off tens of thousands of workers. OpenAI and Anthropic have meanwhile both announced funds and thinktanks this year aimed at helping civil institutions adapt to AI, with OpenAI's non-profit organization committing $250m to grants for programs that help workers navigate AI upheaval.Major AI firms are hiring national security, intelligence, and weapons experts to monitor threats and misuse of their technology, including some with a background in extremism and counter-terrorism research. OpenAI's head of intelligence previously worked as one of the foremost academic experts on the Islamic State and wrote a book on the group's belief that it was bringing about the apocalypse. OpenAI and Anthropic did not respond to requests for interviews with their intelligence or security experts.The Accountability Gap and Future RisksThe closing off of legitimate avenues to address public opposition to AI, as well as the feeling that the technology is being forced upon society, is creating what researchers describe as a gap in accountability that can further incentivize terrorism and political violence.Donald Trump, in alignment with tech leaders, issued an executive order last year attempting to block any state-level legislation that would rein in AI development and has said that nothing will slow down the US in the global AI race. Tech billionaires are also pouring millions of dollars into lobbying and political spending in an attempt to prevent regulation of AI."When authorities are too busy, or just don't care enough, to regulate and take action, then people affected are going to take action," said Mauro Lubrano, a lecturer at the University of Bath and author of Stop the Machines: The Rise of Anti-Technology Extremism.Federal law enforcement documents acquired by Wired and the Intercept show that US authorities are increasingly monitoring anti-tech movements, while authorities have declared they will aggressively prosecute violent attacks. Following the attempted arson at Altman's house earlier this year, authorities vowed that "the FBI will not tolerate threats against our nation's innovation leaders".Yet researchers warn that authorities risk conflating the nationwide protests and calls for increased regulation of AI with more fringe, anti-tech extremist views, which is both inaccurate and counterproductive. Programs aimed at mass surveillance and attempts to silence nonviolent anti-AI movements will inevitably backfire, Lubrano says, further pushing people to the violent fringes if they feel their legitimate grievances aren't being addressed."We have this opportunity to be proactive in this while avoiding mistakes that we've made in the past when responding to other forms of extremism," Lubrano said. "Something tells me that we're not off to a great start".

A phase‑3 trial of retatrutide, a once‑weekly triple‑hormone injection, showed patients with type 2 diabetes cut HbA1c by up to 1.9 percentage points and shed up to 15 % of body weight after 40 weeks.Triple‑Hormone Mechanism Sets Retatrutide ApartThe drug combines analogues of GLP‑1, GIP and glucagon, targeting appetite, glucose regulation and energy expenditure simultaneously. Unlike Ozempic or Wegovy (GLP‑1 only) and Mounjaro (GLP‑1 + GIP), the added glucagon activity aims to boost metabolic rate.Trial Numbers Reveal Double‑Digit HbA1c Cuts and 15% Weight Loss930 adults with type 2 diabetes, BMI ≥ 23, not on other diabetes meds.Randomised to 4 mg, 9 mg or 12 mg retatrutide or placebo for 40 weeks.HbA1c reduction: 1.7‑1.9 pp vs 0.8 pp placebo.Weight loss: 11.5‑15.3 % vs 2.6 % placebo.Improvements in cholesterol and blood pressure observed.Serious adverse events in 14 participants (including 2 on placebo); most side effects were mild gastrointestinal issues.Potential Shift in Diabetes‑Obesity Treatment LandscapeExperts say the dual impact on glycaemic control and weight could reshape management pathways. Dr Kath McCullough (Royal College of Physicians) called the results “life‑changing,” while Dr Marie Spreckley (University of Cambridge) cautioned that head‑to‑head data against existing agents are still needed.For health systems such as the NHS, a drug delivering both outcomes may reduce long‑term cardiovascular complications and associated costs, but pricing and safety profiles will drive adoption.Next Steps: Head‑to‑Head Comparisons and Long‑Term SafetyFurther phase‑3 studies are planned to compare retatrutide directly with semaglutide and tirzepatide. Regulators will scrutinise the balance of metabolic benefits against gastrointestinal adverse events before approval.

The Road to World Cup 2026 The wait is almost over as the FIFA World Cup 2026 kicks off on Thursday, June 11. The tournament promises to be an exciting event with many top star players participating. Top Star Players to Watch From the legends of the game to emerging stars, here are the top 10 players to watch at the World Cup 2026: Lionel Messi (Argentina) Four years ago, Messi fulfilled a childhood dream when he lifted the elusive World Cup, the missing piece in his vast collection of trophies. Now, aged 38, the star forward returns for a joint-record sixth appearance at the finals, as Argentina look to successfully defend the title won in Qatar. Lamine Yamal (Spain) Yamal may be only 18 years old, but the winger shows maturity far beyond his years. After playing a key role in guiding Spain to the Euro 2024 title, Yamal heads to his maiden World Cup, with fans and critics eager to see which new tricks he will pull out of his hat. Kylian Mbappe (France) The 2022 World Cup was bittersweet for Mbappe, who narrowly missed out on the title despite scoring a sensational hat-trick in the final. Now, with more experience under his belt, the Frenchman heads to the 2026 World Cup with his eyes firmly on the prize. Erling Haaland (Norway) One of the most lethal strikers in European football, Norway’s Haaland will make his World Cup debut this summer. Leading Norway’s promising “golden generation”, Haaland was the standout performer in UEFA qualifying, finishing as the top scorer with 16 goals. Cristiano Ronaldo (Portugal) The 2026 World Cup could be Ronaldo’s last dance. At 41, the forward is in the twilight of his career, though he continues to defy age with his remarkable fitness levels. Having guided Portugal to continental glory, Ronaldo will hope to finally replicate that success on the global stage. Harry Kane (England) Fresh off the high of lifting his second Bundesliga title with Bayern Munich, striker Kane heads to the World Cup in some of the best form of his career. The England captain will bring sublime attacking firepower to the Three Lions, one of the pre-tournament favourites. Vinicius Jr (Brazil) What a difference four years can make is best reflected in Vinicius Jr’s remarkable journey. At the 2022 World Cup, he had only just broken into the side. Now, Vinicius arrives as one of the biggest stars in world football. Antoine Semenyo (Ghana) After joining Manchester City at the beginning of the year, winger Semenyo has quickly impressed with his playmaking ability. At the World Cup, Semenyo could build on that form and even emerge as the poster boy of the Ghana team. Arda Guler (Turkiye) The Crescent Stars will rise again at a World Cup after more than two decades, and Turkish fans will rest all their hopes on a promising squad, headlined by star winger Arda Guler. Mohamed Salah (Egypt) One of the greatest icons of African football, Salah has broken countless individual records and won almost every major club honour, but the 33-year-old has yet to lift a title with his nation. A muscle injury threatened to derail his World Cup campaign, but fans will be relieved to know the “Egyptian King” will be leading their charge in North America.

Record‑Breaking Crowd Gathers in Mexico CityOn 7 June 2026, streets surrounding the Estadio Azteca filled with an estimated 200,000 fans, creating a visible human wave that stretched for several city blocks. The event, organized by local fan clubs and amplified through social media, turned the capital into a live‑screen celebration of the forthcoming World Cup.Fans Mobilize for the Pre‑World Cup Human WaveThe wave was coordinated via popular messaging apps, with participants instructed to start at a designated time and move in a synchronized ripple. Key facts:Location: Plaza de la Constitución and surrounding avenuesOrganizers: Mexican Football Federation fan liaison office and grassroots supporter groupsPurpose: Demonstrate national support and generate global media attentionAttendance Estimates and Economic RipplePre‑event surveys and aerial footage suggest the crowd size ranged between 150,000‑250,000. The influx generated immediate economic activity:Food and beverage sales rose by 12% in the vicinityMerchandise vendors reported a 18% increase in sales compared with a typical weekendLocal hotels saw a 5% uptick in bookings for the following weekImplications for Mexico’s Tourism and Security PlanningAuthorities view the wave as a litmus test for crowd‑control capabilities ahead of the tournament’s opening match. Lessons include:Need for expanded public‑transport capacity during peak fan movementsEnhanced coordination between municipal police and private security firmsOpportunities to showcase Mexico’s cultural attractions to an international audienceWhat the Surge Signals for the Upcoming TournamentThe massive turnout underscores a high domestic demand for World Cup tickets and related events, suggesting:Potential sell‑out of remaining ticket allocations within weeksIncreased sponsorship interest from global brands targeting the Latin American marketHeightened expectations for fan‑experience infrastructure in host cities

Lead: A Century‑Long Timeline for Social HousingResearch by the housing charity Shelter reveals that, if the current delivery rate continues, it will take 119 years to clear England’s social‑housing waiting list. The findings underscore a widening gap between demand and supply, with profound social implications.Shelter's Study Reveals 119‑Year Timeline to Clear Social Housing WaitlistThe charity examined the latest building figures and waiting‑list data across England. Key observations include:More than 1.3 million households are on the waiting list for a social home.Only 12,198 new social homes were completed in 2025 by councils, housing associations, and private developers.This translates to an average of 110 households waiting for each new home delivered.Numbers Behind the Crisis: 1.3 Million Households, 12,198 New Homes, 110‑to‑1 RatioHistorical trends highlight a steep decline in construction:In the past 15 years, annual delivery of new social‑rent homes has fallen by 64%.Homeless households in temporary accommodation have risen by 155% over the same period.In 20% of council areas, no social homes were built in the last two years; in 30% fewer than ten were built.Why England’s Housing Shortfall Threatens Communities and Increases HomelessnessChief Executive Sarah Elliott warned that “none of us alive today will live to see the end of the housing emergency” if the pace does not change. The report links the shortage to:£29 bn of housing debt transferred to local authorities in 2012, which hampers financing for new builds.Right‑to‑buy sales that reduce council stock while interest payments on the debt consume resources.Private landlords converting family homes into high‑cost temporary accommodation.Stakeholders, including Suzanne Muna of the Social Housing Action Campaign, describe the situation as a “systemic failure of successive governments”.What Needs to Happen to Shorten the Waitlist: Policy Shifts and Debt ReliefThe government has pledged a “council housing revolution” with a target of 300,000 new social and affordable homes, of which 180,000 would be social rent. To meet this ambition, experts call for:Forgiveness or reduction of the £29 bn council housing debt.Increased annual delivery to at least 90,000 social homes for the next decade.Policy reforms that protect council stock from excessive right‑to‑buy discounts and ensure sustainable rent rates.Without such interventions, the projected 119‑year clearance timeline will persist, deepening the housing emergency for future generations.