Anthropic’s lawyers probably spent the weekend preparing a lawsuit the company said it would file against the Department of Defense for designating the Claude AI maker as a “supply chain risk” and cutting off commercial ties to “protect national security.” The designation followed Anthropic’s request for special assurances its tech wouldn’t be used for fully autonomous weapons and mass domestic surveillance. (Read a full account of the affair here.)The Anthropic... Read more ›
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OpenAI is likely at least six months away from going public, and possibly longer. But as the company takes steps toward an initial public offering, investment banks trying to get a piece of the business are contacting public market investors to gauge how they’re thinking about OpenAI’s prospects as a public company, said one person who has been on the receiving end of the outreach. The mood is mixed. Investors... Read more ›
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The U.S. government is working on rules that would require American approval for all exports of AI chips, and on the conditions of stringent security promises and “matching” investments in American AI infrastructure, Bloomberg reported. The move would give Washington extensive control over how ... Read more ›
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Alphabet CEO Sundar Pichai is close to achieving billionaire status, thanks to his generous stock compensation—and he’s only likely to get richer. Alphabet revealed in a securities filing late Friday that it had awarded him several new grants of stock, to vest over the next three years, which could potentially be worth nearly $700 million. We say “potentially” because he’ll only get that much stock if Alphabet shares outperform most... Read more ›
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The war in Iran is complicating plans by Gulf nations to spend more than $300 billion on data centers, chips and other AI investments, crimping a potential source of funding for power-hungry tech companies. Countries such as the UAE and Saudi Arabia have become big destinations for data centers. Local firms are developing the projects, along with U.S. companies such as xAI, OpenAI, Microsoft, Amazon, Oracle and Google, which are... Read more ›
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Kalshi was sued by users for failing to pay $54 million to people who bet that Iranian Supreme Leader Ayatollah Ali Khamenei would leave office before March 1, after he was killed during the U.S. and Israeli airstrikes last month. After Khamenei’s death, Kalshi said it couldn’t pay out any ... Read more ›
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OpenAI’s robotics chief said Saturday that she was leaving OpenAI over its negotiations with the Department of Defense. “Surveillance of Americans without judicial oversight and lethal autonomy without human authorization are lines that deserved more deliberation than they got,” Caitlin ... Read more ›
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Welcome, Weekenders! In this newsletter:• The Big Read: Inside Anne Wojcicki’s plan to revive 23andMe• News Analysis: The week Anthropic went to war with OpenAI and the Pentagon• The Information Events: Tennis enters the analytics era at our Indian Wells retreat• Plus, Recommendations—our weekly pop culture picks: “Data,” “A Scandal in Königsberg” and “Paradise”No one in tech has ever gotten very far by running around talking about what they can’t... Read more ›
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Alphabet granted CEO Sundar Pichai new stock awards with a potential value of $686 million, the company said in a securities filing on Friday, citing his “strong performance” in the top job. It was the largest series of grants Pichai has received since he became CEO of Google in 2015. The ... Read more ›
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As the action unfolded at the BNP Paribas Open this week, The Information gathered dozens of tech and finance leaders for two days of tennis and tech conversations on the sidelines of the conference in Indian Wells, Calif., near Palm Springs. Read more ›
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There are fierce battles over principles, and then there are grudge matches. In recent days, Anthropic has engaged in an extraordinary mix of both. For over a week, the AI startup and its CEO, Dario Amodei, have been locked in an intense struggle with the Pentagon over Anthropic’s refusal to let the military use its technology for domestic surveillance and to control autonomous weapons systems. The Pentagon on Wednesday took... Read more ›
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SoftBank Group is working with four banks including JPMorgan Chase on a $40 billion loan to help fund its new investment in OpenAI, Bloomberg reported. The bridge loan would have a one-year tenor and be the largest U.S. dollar-denominated loan the Japanese company has ever taken out, Bloomberg ... Read more ›
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Oracle and OpenAI will not expand their data center footprint at their Abilene, Texas campus beyond the initial 1.2 gigawatts, at a site being developed by startup Crusoe, according to people with direct knowledge of the situation. Oracle has leased eight buildings in Abilene for OpenAI, with ... Read more ›
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Top technology banker Niall Cannon is leaving Citi to join Morgan Stanley as a senior investment banker focusing on software, according to people familiar with the matter. Cannon was most recently a vice chairman of Citi’s global technology investment banking and also served as its global ... Read more ›
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Microsoft will keep selling Anthropic models—and other products powered by its models—to most customers after the Pentagon said it was designating Anthropic a supply chain risk, Microsoft said late Thursday. The software-and-cloud giant said its lawyers determined that the Pentagon’s designation ... Read more ›
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When Anne Wojcicki was considering whether she should try to save her life’s work, genetic testing pioneer 23andMe, from bankruptcy last year, many within her inner circle offered the same advice. “There was no shortage of people who would come to me and say, ‘You can walk away: It’s fine,’” she recalled last month, seated on a sunny patio at 23andMe’s Palo Alto, Calif., headquarters, speaking at length about the... Read more ›
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Online retailer Quince is in talks with investors to raise a funding round that would value the company at above $10 billion after the investment, according to a person with knowledge of the plans. If the talks are successful, the buzzy online brand would more than double its valuation from its last funding round. The fundraise follows continued rapid growth at the eight-year-old company, thanks to heavy promotion on Instagram... Read more ›
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Anthropic CEO Dario Amodei on Thursday apologized for writing a memo to staff in which he said the Trump administration didn’t like Anthropic in part because the company hadn’t “given dictator-style praise to Trump.” Amodei said he apologized for “the tone of the post,” adding: “It does not ... Read more ›
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I’ve spent the last week talking to people who are in town for Morgan Stanley’s annual technology, media and telecom conference at the Palace Hotel this week. Even before the fireworks last week between the Pentagon and Anthropic, the gathering was sure to be buzzy, given the lineup of richly valued private startups—including OpenAI and Anthropic—and the havoc their growth has been wreaking on software stocks.Indeed, conference goers were so... Read more ›
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This wasn’t a fun day on Wall Street—the S&P 500 fell 0.5%—but one group of stocks bucked the downward trend. That would be those of several travel-booking and food-delivery firms, such as DoorDash, Booking Holdings and Expedia, which climbed between 3% and 13%. One likely reason is OpenAI’s astounding retreat from offering shopping directly in ChatGPT. While it wasn’t a travel-booking or food-delivery service, investors had clearly been worried it... Read more ›
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28.04.2026 21:03
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