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Who doesn’t love a good round of FOMO? From dot-com to Web 2.0, virtual reality to blockchain, the tech industry has had its share of being too afraid to miss out on a trend. The AI bubble is the big daddy of them all. Its first offspring — the rush to lock down power for data…
It’s about to become more expensive for Claude Code subscribers to use Anthropic’s coding assistant with OpenClaw and other third-party tools. According to a customer email shared on Hacker News, Anthropic said that starting at noon Pacific on April 4 (today), subscribers will “no longer be able to use your Claude subscription limits for third-party…
Anthropic has filed documents to create a new political action committee — a sign that, like its peers, the AI lab is committing significant resources toward influencing policy and regulation. AnthroPAC plans to make contributions to both parties during the midterms, including to current D.C. lawmakers and rising political candidates. The PAC will be funded…
A handful of OpenAI executives are transitioning into new roles, according to a report from Bloomberg. An OpenAI spokesperson confirmed the personnel changes to TechCrunch. CEO of AGI development Fidji Simo announced in a memo that Brad Lightcap, OpenAI’s COO, has a new job leading “special projects,” which will involve “complex deals and investments across…
Glen Anderson has been brokering trades in private company shares since 2010, back when the number of institutional investors focused on the late-stage private market could be counted on two hands. Today, he says, there are thousands. As president of the investment bank Rainmaker Securities, which focuses solely on private securities markets and facilitates transactions…
Anthropic has purchased the stealth biotech AI startup Coefficient Bio in a $400 million stock deal, according to The Information and Eric Newcomer. Sources close to the deal confirmed to TechCrunch that it closed, though declined to comment on the amount. The deal comes as Anthropic continues its push into healthcare and life sciences, following…
When Brett Levenson left Apple in 2019 to lead business integrity at Facebook, the social media giant was in the thick of the Cambridge Analytica fallout. At the time, he thought he could simply fix Facebook’s content moderation problem with better technology. The problem, he quickly learned, ran deeper than technology. Human reviewers were expected…
SoftBank has taken on a new $40 billion loan to help it cover its $30 billion commitment to invest in OpenAI as part the AI model maker’s record-breaking $110 billion raise last month, the Japanese conglomerate said on Friday. Most striking is that the loan is unsecured and has a 12-month term, meaning it must…
SK hynix, a South Korean memory chip giant already listed on the KOSPI, is laying the groundwork for a potential U.S. listing that could reportedly raise an estimated $10 billion to $14 billion. The company announced this week that it has confidentially filed a Form F-1 with the the listing, targeting the second half of…
Google announced on Thursday that “Live Translate,” its AI-powered Google Translate feature that lets you hear real-time translations in your headphones, is expanding to iOS and to more countries. With this expansion, the feature is now available on iOS and Android in the U.S., India, Mexico, Germany, Spain, France, Nigeria, Italy, the United Kingdom, Japan, Bangladesh,…