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Anthropic will reportedly list days before the US midterm elections

Anthropic’s stock market debut has moved, and the new date puts it days away from a national election. Reuters reported on Friday that the company expects to start marketing its offering in mid-October at the earliest. The listing would then complete shortly before the US midterms in November. Echo Wang had the story from people […]

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Musk’s blow torch post is why X just lost the Twitter bird logo

On 22 July 2023, Elon Musk posted that X would “bid adieu to the twitter brand and, gradually, all the birds.” The next day he said the company was taking blow torches to the Twitter logo on the building. Three years on, both posts have cost him a trademark. Chief Judge Colm Connolly ruled on […]

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Authors say publishers want a cut of Anthropic’s payout, the NYT reports

Anthropic agreed to pay $1.5bn to the authors whose books it pirated. The money is now being counted out. Some of those authors are discovering that a share of it goes to their own publishers. The New York Times reported on Friday that authors and publishers have filed competing claims over the same titles. The […]

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Nscale is selling Figure $3.5bn of compute and buying a stake in it

Nscale has agreed to sell Figure at least $3.5bn of computing power. It has also bought a stake in Figure, which is the part worth looking at. The London company announced the partnership on 3 September in a statement also carried on PR Newswire. The deal covers up to 100,000 Nvidia GPUs running the Vera […]

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Nvidia now holds $99bn in shares of the companies that buy its chips

Nvidia sells the chips that the AI industry runs on. It now also owns $99bn of the industry. The figure sits in the company’s own quarterly filing. CNBC’s Kai Nicol-Schwarz pulled it out. Nvidia equity investments stood at $99bn as of 26 July. A year earlier the figure stood at about $7bn. Two years earlier, […]

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Thinking Machines is in talks to raise $6bn, The Information reports

Mira Murati’s Thinking Machines Lab is raising money again. The figure that travelled around the internet last week was the wrong one. The Information broke the story on 3 September. Its current version puts the raise at $5bn to $6bn, on a pre-money valuation of at least $40bn. Accel, an investor since the seed round, […]

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Oura’s $924m loss is the price of buying back its own shares

Oura filed to go public on Nasdaq on 3 September, and the coverage split within hours. Reuters reported that the smart ring maker had recently turned profitable. The Wall Street Journal told its readers the same. Bloomberg’s Subrat Patnaik led on a loss of $924.3m. Business Insider’s Kelsey Vlamis carried both figures without reconciling them. […]

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Uber put $100m into the company that hired Anthony Levandowski

Uber has put $100m into a company that just hired Anthony Levandowski. His theft of Google’s self-driving secrets cost Uber a fortune, and it helped end Travis Kalanick’s time as chief executive. The company is Atoms, Kalanick’s new venture. Rafe Rosner-Uddin reported the arrangement for the Financial Times on Sunday. He cited people familiar with […]

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Zoox asked NHTSA for permission and got it. Tesla certified itself, and now has a federal investigation.

Tesla shares fell around 6% after a Cybercab update that landed badly and after NHTSA opened an investigation into how the company certified a vehicle with no steering wheel, pedals or mirrors. Amazon’s Zoox petitioned for an exemption and was approved in July; Tesla self-certified and did not petition. The complication is that NHTSA is […]

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Zoox asked NHTSA for permission and got it. Tesla certified itself, and now has a federal investigation. Read More »

Every binding AI review Washington has proposed has come back voluntary. Zuckerberg reportedly rang Trump about the latest one.

Mark Zuckerberg raised concerns about a proposed national AI regulator in a previously unreported call with Donald Trump in mid-August, Politico reports. The two options still on the table are a FINRA-style body funded by the firms it would oversee and an MPA-style voluntary ratings scheme, so the debate is over how much self-regulation rather […]

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Every binding AI review Washington has proposed has come back voluntary. Zuckerberg reportedly rang Trump about the latest one. Read More »

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