Anthropic said in its IPO prospectus that rogue AI agents could trigger legal claims from customers and users, even as the legal framework governing such cases remains unclear. The company warned that autonomous agents with deep access to customer systems could cause real-world harm through errors, misalignment or security exploits. It also noted that contractual limits on its liability may not prove enforceable or sufficient. Meta has previously agreed to pay $18 billion over a decade to settle similar claims brought by U.S. states.

OpenAI’s annual recurring revenue is nearing $70 billion, Axios reported, citing people familiar with the startup’s finances. Enterprise sales have more than doubled since July. The company’s annualized revenue run rate has risen more than 70% since the start of the third quarter. OpenAI has not provided an official comment on the figures.

Global cotton prices have weakened, with New York ICE December cotton futures falling from a late-August peak of 93 cents per pound to about 80.13 cents per pound. India’s domestic cotton prices have eased to ₹64,500–65,500 per candy, while Cotton Corporation of India auction rates have been cut by about ₹1,200 over the past two days. Cottonseed prices have also declined by ₹300–400, as arrivals rise and demand remains subdued.

Anthropic’s confidential IPO prospectus shows the AI developer posted a net loss of nearly $42 billion in 2025, while its operating loss widened to $8.06 billion. Revenue was nearly $4.6 billion, about 12 times its 2024 total. Compute and infrastructure spending reached $7.33 billion, and the company said it has committed to hundreds of billions of dollars in additional related spending, with a potential IPO valuation that could exceed $2 trillion.

Anthropic says in an IPO prospectus obtained by Reuters that its AI models could pose a “catastrophic or existential risk” and may be capable of “resisting shutdown.” The company is seeking to go public within the next year, with a valuation that could reach $2 trillion. The filing also says the company lost $42 billion in 2025 and plans up to $518 billion in cloud-computing and infrastructure obligations over the coming year. It adds that nearly a quarter of last year’s revenue came from two customers.

Brazilian sugar mills are expected to base how much sugar they make primarily on weather conditions rather than market prices. El Nino-driven wet conditions have limited mills’ ability to lift sugar output, with only 42.5% of cane allocated to sugar by early July. Even after sugar futures jumped 21% in August and sugar’s profit advantage over ethanol widened to about 20%, the market has cut expectations for Center-South Brazil sugar production to below 40 million metric tons.

AMD said it will acquire AI model developer World Labs in an $8.2 billion deal to expand its expertise in artificial intelligence. Wall Street responded positively to the announcement. AMD shares rose following the deal news.

The South African rand was little changed on Tuesday, trading at 16.4050 per dollar. Investors weighed falling oil prices, a firmer gold price and local economic indicators. The South African Reserve Bank reported foreign direct investment inflows of 49.8 billion rand in the second quarter of 2026, while formal sector employment slipped 0.1% quarter on quarter to 10.425 million, according to the statistics agency.