Latest Updates Around The World
Dario Amodei said Thursday that Anthropic plans to challenge in court the Defense Department’s decision to label the AI company as a supply chain risk, a designation he has called “legally unsound.” The statement comes just hours after the ministry officially designated Anthropic as a supply chain risk following a weeks-long dispute over how much […]
Many users are switching to Claude after a series of controversies surrounding ChatGPT and its parent company OpenAI. The tipping point came after Anthropic, the company behind Claude, refused to allow the Defense Department to use its AI models for mass domestic surveillance or fully autonomous weapons. In response, President Trump ordered all federal agencies […]
Anthropic was unveiled on Tuesday its new enterprise agents programthe most aggressive effort yet to integrate agentic AI into everyday workplaces. In an official briefing, Anthropic’s head of Americas Kate Jensen told reporters that the new system would finally deliver on the promise of agentic AI. “2025 was intended to be the year agents would […]
Shares of major information technology companies came under pressure on February 24, falling as much as 8%, following a sharp decline in IBM among restive investors on Wall Street. The stock fell 13%, its worst single-day drop in 25 years, after AI startup Anthropic said its Claude tool can help streamline COBOL code.COBOL, short for […]
Veteran valuation expert Aswath Damodaran said in a recent interview with The Prof G Markets that he would choose Anthropic as an investment choice over OpenAI if either company were to go public, not because of fundamentals, but because of leadership dynamics.Damodaran, a professor at NYU’s Stern School and a respected voice on valuation and […]
The recent partnership between Infosys and US-based AI startup Anthropic has created buzz on the streets, but industry experts are urging investors to separate hype from long-term fundamentals.Speaking to ET Now, Sumit Pokharna of Kotak Securities described the partnership as “a step in the right direction” and “the need of the hour.” He explained: “The […]
The Pentagon is pushing AI companies to allow the US military to use their technology for “all lawful purposes,” but Anthropic is pushing back, according to a new report in Axios. The government is reportedly making the same requirement for OpenAI, Google and xAI. An anonymous Trump administration official told Axios that one of those […]
Anthropic is in the final stages of raising $20 billion in new capital at a valuation of $350 billion, according to Bloomberg reportswith investor demand leading to the company raising twice as much funding as it wanted to obtain. The company raised $13 billion in equity financing just five months agobut intense competition between border […]
The Super Bowl takes place this Sunday in Silicon Valley, and the Patriots-Seahawks game at Levi’s Stadium will be chock-full of tech money. YouTube CEO Neal Mohan is expected to attend. Tim Cook from Apple too. (He’s become a Super Bowl fixture since Apple Music began sponsoring the halftime show several years ago.) Longtime VC […]
Wall Street’s ‘Software Mageddon’ has had a snowball effect. Now investors are debating whether it’s time to warm up to beaten-down stocks.The fallout for the software industry, which includes a handful of signature stocks from the recent bull market, reflects growing concerns about the potential disruption caused by artificial intelligence as investors increasingly divide the […]
