Anthropic Signs $45 Billion Compute Deal With Nscale
Bloomberg first reported it, Reuters confirmed it, and by midday Thursday the figure had become the talk of the AI infrastructure world: Anthropic has agreed to lease computing power worth…
Salesforce Shares Jump 13% on Earnings and Anthropic Tie-Up
The shares had been written off by a chorus of bears who argued that artificial intelligence would hollow out the software industry, that customers would stop paying for seats when…
Stability AI Raises $76 Million From Record Labels and EA
The three largest record labels in the world spent years suing AI companies over their catalogs. On Tuesday they put money into one. Stability AI, the London-based company best known…
AI Assistant Startup Instinct Raises $350 Million, Valued at $2.5 Billion
Noah Shinn was 23 when he founded Instinct last year, an AI assistant startup with a pitch that sounds simple and a valuation that does not: an agent that manages…
Activist Fund Bids 45% Premium for Samsung’s Stake in Security Firm S-1
The offer arrived with a premium attached and a message implicit in the arithmetic. Flashlight Capital Partners, an activist investment firm, has proposed buying Samsung Group’s entire 20.6 percent stake…
AWS Acquires DuckLabs, the Company Behind DuckDB
On Aug. 26, Amazon’s cloud unit announced it has acquired DuckLabs, the Amsterdam-based company behind DuckDB, the open-source analytics database that has become one of the most popular tools in…
TSMC Tilts Advanced Packaging Capacity Toward AMD
TSMC is reallocating capacity at its CoWoS advanced-packaging lines, giving AMD a larger share of the industry’s most sought-after AI packaging resource while trimming the allotment reserved for Nvidia, according…
Anthropic Closes San Francisco Office on Strike Warning
On Aug. 25, Anthropic told employees at its San Francisco headquarters to work from home after receiving notice that its security team could strike, an abrupt reminder of how quickly…
IBM Completes Acquisition of HRL Laboratories
On Aug. 26, IBM said it has completed its acquisition of HRL Laboratories, the research institution jointly owned by Boeing and General Motors, adding a storied name in quantum computing,…
Robot Startup Generalist Raises $200 Million at $3 Billion Valuation
On Aug. 26, Generalist, a robotics startup building foundation models for machines, said it has raised about $200 million in an extension of its Series B round, led by venture…
