London Mayor Set to Pursue High-Risk Investment in Struggling AI Firm Amid Global Scrutiny

London’s mayor has taken an interest in investing millions of pounds in embattled artificial intelligence firm Anthropic, sparking concerns about the city’s tolerance for high-risk ventures. The development comes as the US government prepares to designate the company a supply chain risk due to its alleged ties to China and alleged intellectual property theft. In response to this designation, London Mayor Sadiq Khan is taking steps to strengthen his city’s regulatory framework in order to better manage emerging technologies with potentially high stakes. This move underscores the mayor’s willingness to take calculated risks on cutting-edge initiatives that may also pose significant challenges.