Artificial Intelligence

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Anthropic could raise $100bn, ten times Europe’s largest listing in decades

Anthropic could raise around $100bn in a listing as early as October, exceeding SpaceX’s record, with backers modelling a valuation of at least $2tn. The Financial Times reports that senior executives have not set a valuation target even privately. Anthropic’s listing now has a figure attached to it. Reports put the raise at around $100bn, […]

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A 60-year-old geothermal company just became an AI infrastructure play

Ormat, a geothermal company founded six decades ago, has signed a power purchase agreement with Google for up to 150MW in Nevada and is running enhanced geothermal pilots with Sage Geosystems and SLB. Europe has the same demand problem and is meeting it with restraint rather than contracts. A company that has been drilling for […]

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Apple cuts more than 200 jobs across Siri and Vision Pro

Apple is cutting more than 200 jobs, roughly 100 from the Vision Pro organisation and 100 from Siri and software teams, largely shutting the headset’s gaming unit. The company says it is realigning teams and will create new roles. Apple is cutting more than 200 jobs across the teams that build Siri and the Vision […]

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Google says Gemma has passed a billion downloads

Google says its Gemma family of open models has passed a billion downloads. Developers have published more than 100,000 Gemma variants over the past two years, the company said in a blog post on Thursday. Clement Farabet, a vice president at Google DeepMind, and Olivier Lacombe, a product director there, wrote it. Google calls the […]

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Meta launched Pocket in the US, and the app it came from shut down the same day

Meta has launched Pocket across the United States. The app it is based on shut down the same day. Pocket had been testing quietly in Brazil since July. It is now available to everyone in the US. Pocket lets people type a prompt and get back a small interactive thing, which Meta calls a gizmo. […]

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Anthropic’s enterprise venture has bought its second consultancy in four months

Ode, the enterprise AI company Anthropic set up with Blackstone, has bought an AI consultancy called Casper Studios. Casper helps companies put Claude to work inside software their staff already use, Ode said on Thursday. The announcement gives no price. It is the second consultancy Ode has absorbed in four months. The company Anthropic built […]

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Meta pays Microsoft hundreds of millions a year to rent AI models

Meta is spending hundreds of millions of dollars a year buying access to AI models through Microsoft’s cloud. The company runs trillions of tokens a week through Azure, Bloomberg reported, citing a person familiar with the matter who asked not to be identified. That makes Meta one of Microsoft’s largest AI customers. Both companies declined […]

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Astromech raised $20mn at $3.8bn to forecast how biology breaks

Astromech has raised $20mn at a $3.8 billion valuation to build AI that predicts how living systems will change. The company says its models learn from 3.8 billion years of biological history. The valuation and the training window are the same number, and nobody has said whether that is a coincidence. Bob Nelsen led the […]

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Google wants publishers to install a button that makes readers pick them

Google is giving publishers a button to put on their own websites. Clicking it adds that publisher to a reader’s preferred sources on Google. It is one of three personalisation changes the company announced on Thursday. The other two are a chatbot for tuning the Discover feed, and topic controls for audio news briefings. Mrinalini […]

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AI doesn’t need to replace humans to weaken human capability

Artificial intelligence is becoming one of the fastest ways to remove friction from knowledge work. A 2025 field experiment termed Shifting Work Patterns with Generative AI involving 6,000 workers found that access to generative AI reduced time spent on email, with some users spending 25% less time on it each week. Another research study titled […]

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