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ABC and SBS want AI companies to pay for Australian news

Australia’s public broadcasters, the ABC and SBS, want the country’s news bargaining incentive to cover AI companies. That would push them to strike commercial deals with Australian media to support journalism. The two broadcasters made the call in submissions to Parliament’s Joint Select Committee on Artificial Intelligence. Josh Butler reported the submissions for the Guardian […]

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Broadcom to lend Anthropic up to $42bn for its chips, Reuters reports

Broadcom has agreed to lend Anthropic up to $42bn to help pay for its AI infrastructure, Reuters reported on Thursday, citing Anthropic’s IPO prospectus. The loan could cover about a third of the $125.2bn Anthropic has committed to a five-year lease of tensor processing units (TPUs), the AI chips Google designs with Broadcom. Echo Wang, […]

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Kanu AI raises $11.7m to turn how staff work into software they own

Kanu AI has come out of stealth with $11.7m in funding. The Seattle startup builds software that runs inside a customer’s own cloud. Accel, BMW i Ventures and a16z speedrun joined a round led by Trilogy Equity Partners, the company said in a statement on Wednesday. “Companies have spent decades buying software built around someone […]

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