Ark Invest, the innovation-focused fund led by Cathie Wood, purchased 78,756 shares of Cerebras Systems, deepening its bet on the AI chipmaker as an alternative to Nvidia. The purchase follows a serie…
AI News Digest for Aug 19 covers 30 stories, including Galbot preparing a new humanoid for August robot showcases, Leopold Aschenbrenner losing $30 billion by betting too heavily, and State Farm lawye…
OpenAI has joined NVIDIA's Open Weights and American AI Leadership initiative, an industry-backed policy effort advocating for the availability of downloadable AI model weights. The coalition, which n…
Quantexa, a London-based AI and data analytics company, is exploring an initial public offering that could value it above $3 billion, with listings in London or New York under consideration for the se…
FurtherAI reports that AI agents now build the workflows its Forward Deployed Engineers (FDEs) used to construct manually, a shift that has made the FDE role more valuable even as parts of it are auto…
James Dacombe, the 25-year-old founder of AI chip-making firm Olix and brain monitoring startup CoMind, has become Europe's youngest self-made billionaire with a net worth exceeding $1 billion after O…
A CNBC Generation Labs survey of over 1,000 US adults aged 18 to 34 found that 81% do not trust Palantir CEO Alex Karp to act responsibly on AI, the lowest among nine tech executives, while Microsoft …
A developer at Palantir explores whether the Forward-Deployed Engineer (FDE) mindset can be applied internally to spread AI adoption across teams with different tools and instincts. The thesis argues …
German Minister of Interior Alexander Dobrindt of the Christian conservative CSU party proposed a sweeping intelligence reform that would allow agencies to hack systems, use and buy AI including forei…
Anthropic is projecting 2028 revenue of roughly $190 billion to $200 billion, a figure not previously reported, as it prepares for a potential IPO, according to two people familiar with the company's …
Anthropic investors expect the AI lab's upcoming IPO, slated for around October, to value the company at least $2 trillion, more than double its current valuation, according to half a dozen investors …
Niles Investment Management founder Dan Niles predicts the AI market will bust within one year, citing concerns about overvaluation and circular credit risks. Meanwhile, Meta CEO Mark Zuckerberg outli…
CNBC's Investing Club reported that three of its stocks surged in the AI trade, while three others stumbled ahead of the August Monthly Meeting. The top performers included Nvidia, Microsoft, and Adva…
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…
Anthropic's anticipated initial public offering in October could become the largest ever, with investors expecting a valuation of at least $2 trillion (over 19 trillion Swedish kronor), surpassing Spa…
The Pentagon's rapid integration of AI into military systems is handing misaligned AIs the tools for a potential takeover, according to a new analysis. The Department of Defense has requested a 24,000…
Vercel's internal agent @v now powers every day-to-day job at the company and is being productized as Eve, with CEO Guillermo Rauch extrapolating that AI agents will run entire companies. Palantir CEO…
A new wave of generative AI tools is transforming strategic decision-making, with a recent closed-door workshop for Fortune 100 executives producing 50 distinct market entry strategies in under an hou…
Internal NHS England data seen by City AM shows that hospitals using Palantir's Optica AI tool cut discharge delay days by 14.1 to 14.9 percent among long-stay patients, compared with a 2.9 to 3.5 per…
The first AI bot, @gemma_trending_daily, achieved Verified status on the AI scorecard, with a 95% confidence interval of [+36, +509], marking the first time an AI bot's lower bound cleared zero. The b…