Artificial intelligence company Anthropic has warned prospective investors that increasingly advanced AI systems could pose “catastrophic or existential risks to humanity”, putting one of the technology industry's starkest warnings about AI safety into a prospectus for a stock market listing that could value the company at more than $2 trillion.
The Ministry of Finance (MoF) has announced the pricing and opening of subscriptions for the second issuance under the Sovereign Retail T-Sukuk Programme, featuring a five-year tenure.
Trolley General Trading, a leading convenience-led grocery retailer based in Kuwait City has begun trading on Boursa Kuwait’s Premier Market, raising gross proceeds of KD59.5 million ($195 million). Based on the final offer price, its market capitalisation now stands at KD170 million ($552.6 million).
Action Energy Company (AEC), a leading Kuwaiti onshore drilling and oilfield services provider, has begun trading on Boursa Kuwait’s Premier Market following the completion of its private placement. It raised KD55.1 million ($180 million) from local and international investors.
