Aug 22, 1997 12:08 PM

Friday Dive

A wave of technology selling, accelerated in part by an analyst dumping on Intel, sent both the Nasdaq and the Dow into a dive. In early-afternoon trading, the Dow was down 135.88 to 7758.07, Nasdaq down 23.60 to 1583.76, and most-active Intel was down $3.50 to $94.50.

Comments

Polymarket Halted International Trading After Hackers Drained Accounts

The company says an unnamed third-party provider was compromised. Trading has resumed, and Polymarket says affected traders will be made whole.

Kate Knibbs

Why Anthropic’s IPO Prospectus Is Missing So Many Key Figures

Anthropic’s S-1 filing is hundreds of pages long—and it leaves out quite a few financial details. “Anthropic owes investors more information,” one analyst tells WIRED.

Lauren Goode

WIRED Ghost Stories

Five hauntings from the other side of technology.

Mistral Says Its AI Model ‘Le Chonk’ Has Leapfrogged China in the Open-Weight Race

The French AI lab claims its latest release matches or outperforms even the best models from DeepSeek and Z.ai in coding and cybersecurity.

Joel Khalili

The $6.3 Billion Binance Hack Was Pulled Off in Just 20 Minutes

Multiple crypto-tracing firms say notorious North Korean hackers TraderTraitor may be behind the largest digital heist in history—with billions of crypto likely gone for good.

Matt Burgess

Mistral Says Its New AI Model ‘Le Chonk’ Is the Best Open-Weight Offering Outside of China

With the release of its new trillion-parameter model, Mistral is hoping to demonstrate it’s “still in the race” to build frontier-level artificial intelligence.

Joel Khalili

Anthropic’s IPO Prospectus Reveals What’s Under the Hood

Anthropic on Monday filed documents ahead of a blockbuster IPO that offers insight into the company’s financials, risk factors, and views on the future of AI.

Joel Khalili

The PHP Meltdown Shows How AI Makes Bugs More Exploitable

Security researchers used AI tools to help uncover years-old vulnerabilities in the PHP web scripting language. Then the AI-assisted attacks began.

Lily Hay Newman

These Midterm Races Will Decide Data Centers’ Political Fate

From the Senate to governors’ mansions, candidates are trying to outcompete each other to be the most anti–data center in races across the US.

Molly Taft

The MacBook Air Drops to Its Lowest Price Since June for Prime Day

At $1,099, the MacBook Air is $200 off its retail price for Prime Day, its lowest price in months.

Luke Larsen

Rural Data Centers Are in for a Big Federal Tax Break

Under the One Big Beautiful Bill Act, data center projects in rural areas could be eligible for major tax benefits starting next year. Some hyperscalers do not seem eager to take the free cash.

Molly Taft

A Supply Chain Attack Put Malicious Anthropic Claude Extensions on Thousands of Devices

Thanks to a lucky break, flawed code in a tainted Claude extension prevented the attacker from fully worming their way into some 5,000 developer machines.

Lily Hay Newman