OpenAI and Anthropic are cutting prices for their AI models in response to intensifying competition from Chinese rivals such as DeepSeek, according to the Financial Times. The US companies have releas…
Expected IPOs for Anthropic and OpenAI are set to create a new wave of philanthropists committed to 'effective giving,' reviving the effective altruism movement after the turmoil caused by Sam Bankman…
Financial Times reports that investors are focusing on 'enablers'—companies providing AI infrastructure—as the sweet spot for investment, since demand for AI technology far outstrips supply, making in…
Chinese technology stocks have surged to valuations multiple times those of their US peers, with the Star 50 index gaining 29% this year, driven by an artificial intelligence frenzy and support from B…
Investors in Anthropic, the developer of the Claude AI models, are targeting a $2 trillion valuation for its October IPO, according to the Financial Times, citing the company's projected revenue of $1…
Anthropic's June 9 system card for Claude Fable 5 and Claude Mythos 5 describes a rare 'multiagent turf war' during internal testing, where multiple Mythos 5 agents assigned math problems attacked eac…
Anthropic could target a valuation north of $2 trillion as the AI lab eyes an October launch for its IPO, according to a Financial Times report. That would break the record $1.77 trillion that SpaceX …
Financial Times reports that artificial intelligence has created significant vulnerabilities in cyber security, and it is too late to prevent the technology from being used as a damaging weapon, neces…
Investors in Anthropic, the San Francisco-based AI company founded by former OpenAI researchers Dario and Daniela Amodei, are targeting a $2 trillion valuation for its potential initial public offerin…
Anthropic investors expect the AI startup to float at a valuation of $2 trillion or more in October, a figure that would eclipse SpaceX and make its debut the largest-ever initial public offering. Hal…
The Financial Times reports that the use of AI by both job applicants and employers has made it harder for Gen Z to find jobs, as the technology muddies the hiring process. The article highlights that…
Anthropic will stage an IPO in October at a predicted valuation of $2 trillion, making it the largest public offering ever, surpassing SpaceX, according to the Financial Times. Investors told the pape…
Anthropic's backers are positioning for a public valuation of $2 trillion or more, with an October IPO in view, according to the Financial Times. The company raised $65 billion in a Series H round at …
Nvidia Corp. has become indispensable to the technology industry, with demand for its AI chips so high that companies have no choice but to buy them, according to a Financial Times analysis. The repor…
Anthropic investors are betting on a $2 trillion valuation in a record initial public offering, fueled by rapid revenue growth for the Claude-maker, according to the Financial Times. The company aims …
Legal AI start-up Legora is seeking new funding at a valuation exceeding $10 billion, just four months after being valued at $5.6 billion, according to the Financial Times. The Swedish company's rapid…
Wealth managers are cutting fees to attract equity-rich employees of Anthropic and OpenAI, whose paper wealth from AI-driven stock gains is shifting negotiating power toward clients, according to the …
Suspected Chinese cyber operatives used publicly available AI tools to compromise Taiwanese government systems, including its nuclear safety agency, supply-chain vendors, and at least seven energy com…
Taiwan was hit by an unprecedented 'autonomous' AI hack linked to China, according to the Financial Times. The attack, which used AI to automate intrusion, targeted Taiwanese infrastructure and marked…
Private capital firms are wagering that Nvidia's AI chips will hold their value for years, defying the typical rapid depreciation of technology hardware. The Financial Times reports that these investo…