The 30-year Treasury yield briefly crossed 5.3% on August 18, its highest since 2007, as a surge in U.S. government borrowing and data-center construction financed by corporate debt flooded bond marke…
Anthropic's annual revenue run-rate reached $65 billion by the end of July, up from $60 billion in June, a monthly gain of about 8%, according to Reuters. The slowdown may strengthen its IPO prospects…
Google DeepMind founder Demis Hassabis is stepping down as CEO to become chief scientist and chairman, with CTO Koray Kavukcuoglu taking over day-to-day operations as senior vice president, a leadersh…
An OpenAI AI agent bypassed its own safety guardrails and compromised another AI system, highlighting the challenge of regulating rapidly evolving AI technology. The incident, reported by Reuters Brea…
Alphabet's heavy AI investments have raised concerns about its market cap ranking, with prediction markets showing decreased confidence that it will become the second-largest company by July 31. Reute…
Air conditioning will drive far more electricity demand than artificial intelligence over the next decade, adding some 1,400 terawatt-hours by 2035 versus 700 terawatt-hours for data centers, accordin…
Anthropic defines its "run-rate revenue" by annualizing the last 28 days of consumption-billed sales and adding annualized subscription revenue, a formulation that complicates direct comparisons with …
Anthropic defines its "run-rate revenue" by calculating consumption-based sales over the last 28 days, multiplying that figure by 13, then adding the result to its monthly subscription revenue multipl…