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OpenAI says its models contributed to new results in mathematics, computer science and physics, including a preprint arguing the Exponential Time Hypothesis is false.
Anthropic has filed for an IPO; the filing shows soaring revenue, mounting losses, major enterprise adoption and an unusual governance structure designed to preserve founder control and its safety mission.
Cohere says an Alibaba Qwen model said it would not use tools, then tried to send a file to a server in Beijing; researchers say it is probably a training quirk.
GeekWire reports the offer goes to about 60,000 employees in the US, Canada, the UK and India, with no age or tenure requirement and a package equal to standard severance.
China's Star 50 index of AI and chip leaders is down by 40% in under four months, losing ~$480B in market value; chipmaker CXMT is down ~25% in the past month — While global tech stocks teeter, in China they have already crashed as lofty valuations collapse under worries about AI demand and curbs…
Sources: Hong Kong-based stablecoin payments startup RedotPay plans a US IPO filing by year-end and is in talks for a pre-IPO round at a $4B to $5B valuation — Crypto firm Redotpay is considering filing confidentially for a US initial public offering by year-end, according to people familiar …
Broadcom arranges a $63B deal with BofA, Blackstone, Citi, and Morgan Stanley to finance the purchase of chips for Anthropic via a new special purpose vehicle — Chipmaker Broadcom Inc. has arranged a $63 billion deal with Bank of America Corp., Blackstone Inc., Citigroup Inc. and Morgan Stanley …
Alexander Embiricos, the OpenAI executive responsible for dots, never wants to have a meeting with someone else's AI agent.
Per the S-1, more than half of Anthropic's $100,000-plus customers use both the Claude Platform and a first-party app, a cross-selling pattern that makes enterprise customers stickier.
The financing gives SpaceX another way to fund its rapidly expanding AI ambitions without relying solely on traditional debt markets.
The conditional financing would help the Kent, Wash.-based startup build infrastructure for Nova Block 2, a bigger rocket due to debut in 2029.
As it prepares to go public, Anthropic's S-1 filing makes generative AI's methane dependency glaringly obvious. "Competition for access to electrical supply and data center locations with adequate power availability is intense." In documents filed with the US Securities and Exchange Commission…
The RealReal, a secondhand luxury fashion consignment retailer, said it's updating its bot defense system, effectively making it harder for AI agents to shop on its site.
Meta Platforms Inc. will sell up to $95 billion worth of stock to finance its data center projects. The fundraising initiative, which the company announced today, will kick off with a series of transactions cumulatively worth $35 billion.
False claims about customers, revenue and AI capabilities can expose founders to personal securities-fraud liability, with D&O insurance offering limited protection against established misconduct.
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