Who decides what AI communicates? Campbell Brown, former head of news at Meta, thinks:
Campbell Brown has spent his career pursuing accurate information, first as a renowned television journalist and then as Facebook’s first and only full-time news chief. Today, we see the threat of history repeating itself as we watch AI change the way people consume information. This time, she’s not waiting for someone else to fix it. […]
Anthropic raises funding while Clio hits $500 million milestone
AI is now being applied to everything from healthcare to customer support, but no use case is yet as popular or profitable as writing code. Jack Newton, co-founder and CEO of Clio, a Canadian law firm management software company, believes legal tech is poised to be the next big winner of the LLM era. It’s […]
Notion turns your workspace into a hub for AI agents
Productivity software maker Notion is stepping into the agent era. In a livestreamed product announcement Wednesday, the company best known for its collaborative note-taking app expanded the capabilities of its custom AI agents, connected them with external agents, and introduced a new developer platform that lets teams build automated, multi-step workflows that can ingest data […]
Anthropic’s Cat Wu says that in the future, AI will predict your needs before you know them.
Anthropic is having a very good year as the tech industry focuses specifically on AI models. The company aims to raise tens of billions of dollars in a funding round that would value it at about $950 billion (OpenAI was valued at $854 billion in a March round), and enterprise customers are increasingly preferring Claude […]
Geothermal startup Fervo Energy gains 33% in IPO debut, driven by demand for AI data centers
Fervo Energy, a geothermal energy startup, achieved a market valuation of over $10 billion in its public market debut, driven by demand for AI data centers and the energy that can power them. Furbo raised $1.89 billion in an enhanced initial public offering Wednesday, which originally valued the company at about $7.6 billion. Demand for […]
Rivian spinoff Mind Robotics raises another $400 million
Mind Robotics, a Rivian spinoff company working to develop industrial robots that can further automate factory operations, has raised another $400 million just two months after raising $500 million. The funding round, first reported by the Wall Street Journal, was led by Kleiner Perkins. Volkswagen’s venture arm and Salesforce, which is partnering with Rivian in […]
Who would trust Sam Altman? |Tech Crunch
In May 2023, OpenAI CEO Sam Altman was sworn in and testified before Congress on regulating artificial intelligence. Sen. John Kennedy of Louisiana heard his thoughts on licensing advanced models and asked if Altman might be qualified to run a hypothetical AI regulator. “I love what I do now,” Altman said with a laugh. “You […]
Anthropic taps a new type of customer: small business owners
Anthropic is considering courting smaller companies. To that end, the company on Wednesday announced the launch of Claude for Small Business, a new suite of services designed for customers who are closer to their local hardware store or coffee shop than a Walmart or Starbucks. To date, many of the most intensive AI deployments have […]
Anduril raises $5 billion, doubles valuation to $61 billion
As the year began, Anduril again experienced a large influx of capital. A funding round that was rumored to be underway in March has officially closed. Anduril has raised a $5 billion Series H round at a valuation of $61 billion, led by returning investors Thrive Capital and Andreessen Horowitz, the company announced Wednesday. That’s […]
r/WallStreetBets hates the SEC’s proposal to weaken quarterly reporting
Last week, the Securities and Exchange Commission formally proposed relaxing quarterly reporting standards for publicly traded companies. So far, public comments submitted to financial regulators about the idea have been overwhelmingly negative. But the best objection was filed yesterday by the popular subreddit WallStreetBets. In an unsigned letter, a community of “approximately 18 million retail […]