The way to read the latest Anthropic financing is to notice who is not borrowing the money. Apollo Global Management and Blackstone are arranging roughly $36 billion of debt, but the loan does not sit on Anthropic’s balance sheet. It buys chips, and…
Lees meerDevelopers of agentic AI have been making some big claims. The promise has been of autonomous systems that can do everything, from booking our flights and keeping an eye on competitors in real time to handling entire procurement cycles , all without…
Lees meerSpaceX is targeting a valuation of at least $1.8 trillion in its initial public offering, down from the $2 trillion-plus it was aiming for as recently as April, according to Bloomberg. The target was adjusted after consultations with advisers and in…
Lees meerIndependent research by DutchBasecamp and Ogni, based on 150+ founder perspectives acrossEurope, will be revealed at an exclusive Amsterdam event co-hosted with CCIA Europe on June 30. Across Europe, startup and scale-up founders are increasingly wa…
Lees meerAsana has acquired Stack AI, a no-code platform for building AI agents that operate across enterprise systems like Salesforce, Slack, and Google Workspace. The deal, reported at $75 million, was announced on 28 May after market close, timed to coinc…
Lees meerBlue Origin’s New Glenn rocket exploded during a static fire test at Cape Canaveral Space Force Station on Thursday night, sending a fireball into the sky and destroying the vehicle along with critical launch pad infrastructure. The explosion occurr…
Lees meerBYD has unveiled the Xuanji A3, which it calls China’s first automotive-grade 4-nanometre chip for self-driving vehicles. CEO Wang Chuanfu announced the chip at an event at BYD’s Shenzhen headquarters on 28 May, saying it delivers the lowest power c…
Lees meerAnthropic has released Claude Opus 4.8, an upgrade to its flagship AI model that the company says is more honest, more reliable in agentic tasks, and better at catching its own mistakes. The model is available immediately at the same price as its pr…
Lees meerWaymo has started offering rides to select passengers in its new Ojai robotaxi, the first vehicle purpose-built for autonomous ride-hailing rather than retrofitted from an existing car. The Ojai runs on Waymo’s sixth-generation Driver system and is …
Lees meerEvery finance vendor with a pulse has slapped “AI-powered” on their homepage in the last 18 months. Most of them are exaggerating, not maliciously, but loosely. They’re calling forecasting “modeling,” trend extension “intelligence,” and pattern matc…
Lees meerThe formal opening of Anthropic’s sixth European office lands the same week as Pope Leo’s AI encyclical, with the company naming a roster of Italian enterprise deployments. nthropic formally opened its Milan office on Wednesday, the sixth European l…
Lees meerThe May estimate is twice the bank’s January figure, and the workforce cuts are already happening at UBS, ABN Amro and HSBC. Morgan Stanley has doubled its forecast for AI-driven job losses across the European banking sector, estimating that as much…
Lees meerWix is laying off approximately 1,000 employees, roughly 20% of its workforce, in the largest round of cuts in the company’s history. CEO and co-founder Avishai Abrahami announced the decision on 28 May in a message posted publicly on X and sent sim…
Lees meerMeta is on track to dethrone Google as the world’s largest digital advertising business by the end of 2026, according to Emarketer. The market research firm projects Meta’s global net ad revenues will reach $243.46 billion this year, edging past Goo…
Lees meerMeta’s $7.99-and-$19.99 chatbot tiers and OpenAI’s push into advertising mark the moment the AI revenue-model question becomes a cross-cutting collision. Meta’s decision to begin selling consumer subscriptions to its Meta AI chatbot at $7.99 and $19…
Lees meerArtificial intelligence is entering healthcare at a pace that, according to Donna R. Cryer, risks outpacing the governance structures needed to support it responsibly. Cryer believes hospitals, payers, pharmaceutical companies, and digital health or…
Lees meerTransition Ventures, the London-based early-stage firm led by Unity co-founder David Helgason, has closed a $150m second fund, bringing the platform’s assets under management to over $300m. Fund II will continue Transition’s thesis that the most con…
Lees meerThree days after the Vatican called for AI to be ‘disarmed’, the Mistral CEO defended his company’s defence-AI work, arguing Europe cannot afford unilateral restraint. Arthur Mensch, the chief executive of French AI startup Mistral, pushed back dire…
Lees meerAt its first annual conference in Paris, Mistral formally rolled out the physics-aware AI stack it built around the Emmi acquisition, with Airbus, BMW and EDF as launch customers. Mistral AI used its first annual conference in Paris on Thursday to f…
Lees meerLiu Qiangdong’s pledge to safeguard JD.com’s workforce from automation sits uncomfortably with his own ‘unmanned era’ vision and a flagship warehouse already running on four employees. Liu Qiangdong, the founder of Chinese e-commerce giant JD.com, v…
Lees meerSpaceX did not commit to a multi-year lease of its Memphis Colossus 1 cluster to Anthropic, Elon Musk said on Wednesday, describing the agreement as 180 days with a 90-day mutual cancellation right. Elon Musk has clarified that SpaceX did not commit…
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