Anthropic Files Confidentially for IPO, Setting Up a Test of AI Valuations
SAN FRANCISCO — The paperwork has not been made public, and the company has said almost nothing, but the filing landed this week and it is the most anticipated document…
Huang’s RTX Spark Launch in Taipei Redraws the Map of the AI Hardware Business
TAIPEI — The keynote began with a countdown and a crowd that had queued since before dawn, and Jensen Huang did not open with a slide. He walked onto the…
Alphabet Raises $80 Billion in Its Largest-Ever Share Sale to Fund AI Buildout
MOUNTAIN VIEW, Calif. — The news arrived in a regulatory filing rather than a keynote, and it was the largest equity raise in Google’s history. Alphabet announced plans to sell…
Bitcoin Slides Toward a Halving From Its Peak as Four Pressures Converge
NEW YORK — The sale was small, thirty-two coins, worth a few million dollars, and it would have been invisible in any other week. But the seller was Strategy, the…
U.S. Job Openings Jump to a Two-Year High, Complicating the Fed’s Rate Path
WASHINGTON — The labor market was supposed to be cooling by now. Instead, the April numbers landed like a warning: job openings rose to 7.62 million from 6.89 million in…
Wharton Researchers Warn AI Could Produce Everything and Sell Nothing
PHILADELPHIA — The paper is an academic exercise, a mathematical model of an economy where machines do the work and people do the buying, and its conclusion is a paradox…
Singapore Court Clears Path to Extradite Tycoon in Indonesia’s E-ID Graft Case
SINGAPORE — The defendant is 71 years old, holds passports from several countries, and has spent the past two years fighting with every legal tool available. This week, Singapore’s High…
Anthropic Files Confidentially for an IPO, Stepping Ahead of OpenAI
The announcement landed on a Monday morning with the understated cadence of a compliance notice, and it changed the shape of the year’s biggest listing season. Anthropic, the artificial-intelligence company…
Hackers Used Meta’s AI Support Bot to Seize Instagram Accounts
Over the weekend, the Instagram accounts of the Obama White House and the Chief Master Sergeant of the U.S. Space Force briefly displayed pro-Iranian images and messages. The defacements were…
Alphabet Plans $80 Billion Equity Raise to Fund Its AI Buildout
Alphabet said on June 1 that it plans to raise $80 billion through equity offerings to finance the expansion of its artificial-intelligence infrastructure, an amount larger than the sovereign wealth…
