Anthropic files for stock market IPO; Meta announces $95bn fundraising drive to pay for AI expansion – as it happened

Meta says share sale will support its “continued investment in AI infrastructure and personal superintelligence”, as Elon Musk warns some AI cloud computing firms face ‘guppy-level death’UK government borrowing costs are dropping this morning, a welcome sign ahead of Wednesday’s budget.The yield (or interest rate) on 10 and 30-year UK gilts have both dropped by around three basis points (0.03 of a percentage point) this morning.Issuing loans to public financial institutions creates a financial a