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Temporal raises $550m at $12.55bn to keep AI agents from failing

Artificial Intelligence, Business, Digital Marketing, Investors and funding, SEO Tips, Startups and technology, Technology, United States /

Temporal has raised $550m in a Series E round that values it at $12.55bn. That is more than double its valuation seven months ago. The company announced the round on 14 September. Lightspeed Venture Partners led the round. Wellington Management, Growth Equity at Goldman Sachs Alternatives and Tiger Global were co-leads. T. Rowe Price and […]

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Anthropic expects a second straight quarter of adjusted operating profit

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Anthropic has told shareholders it expects positive adjusted operating income for a second straight quarter, the Financial Times reported on Sunday, citing several people with knowledge of the matter. CNBC reported the same on Monday, citing two people familiar with the matter. The FT also reported that Anthropic’s gross margins are above 80%. That figure […]

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SoftBank shares slide up to 13% as AI stocks fall on slowdown calls

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SoftBank Group shares fell as much as 13% in Tokyo on Monday, their steepest drop since 17 July. AI-linked stocks sold off worldwide that day. Over the weekend, the heads of Anthropic and OpenAI had called on the industry to slow the development of more capable models. The same day, Bloomberg reported that SoftBank had […]

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Anthropic is Rum Group’s $13.7bn compute customer, The Information reports

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Anthropic is the unnamed customer behind a $13.7bn, six-year computing contract that Rum Group disclosed last month, The Information reported on Sunday. Rum Group owns the video platform Rumble. Reporters Valida Pau and Phoebe Liu cited one person familiar with the matter. Neither Anthropic nor Rum Group had publicly confirmed the report at the time […]

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Hundreds of contractors are reportedly reading real ChatGPT conversations

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OpenAI is paying hundreds of contractors to read real ChatGPT conversations and rate the chatbot’s replies under the internal codename Project Lily, and did not answer when asked where it had told users. The Court of Justice held last September that a controller’s duty to inform applies at collection and does not depend on whether […]

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Anthropic has built a Claude tool for financial advisers

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Anthropic has launched Claude for Financial Advisers, wiring the chatbot into portfolio and research tools from BlackRock, Vanguard, Charles Schwab and iCapital, and says it will not give investment advice. Under MiFID II advice turns on a five-part test in which suitability can be implied rather than stated, and ESMA has told firms that using […]

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xAI dismisses its Apple claims, with no terms disclosed and the OpenAI case still live

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xAI and X Corp asked a Texas judge to dismiss their antitrust claims against Apple over the integration of ChatGPT into the iPhone, while keeping their monopolisation claims against OpenAI. The Digital Markets Act lists virtual assistants as a core platform service, no assistant has ever been designated, and the Commission’s April review declined to […]

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Microsoft’s new AI rulebook rejects the research its $5bn partner is doing

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Microsoft published an AI code of conduct for its own models on Monday. One passage rejects the idea that a model could deserve welfare or hold rights. Anthropic runs a research programme on that exact question. The two companies are business partners, and Microsoft has $5bn invested in Anthropic. The Code of Conduct governs the […]

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