Nvidia’s new financial strategy does not compute
Nvidia’s new financial strategy does not compute

April – 1805 Napoleon is master of Europe Only the British fleet stands before him Compute is now an asset class I see it is once again time to talk financial innovation. Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR are all working with Nvidia to put together $500 billion in financing to turn compute […]

AI-drafted bills are swamping the House office that writes US laws
AI-drafted bills are swamping the House office that writes US laws

Congressional staffers and outside groups are using Claude and ChatGPT to draft legislation. The lawyers who check that work cannot keep up. Owen Dahlkamp reported the strain on the House Office of Legislative Counsel for Politico on Monday. He drew on…

Situational Awareness ran two auctions at once, and one set of bidders never knew
Situational Awareness ran two auctions at once, and one set of bidders never knew

Situational Awareness lost roughly $30bn in July. The desk reported that three weeks ago. What happened inside those six days has not. Gregory Zuckerman, Juliet Chung and Peter Rudegeair have reconstructed it for the Wall Street Journal, and the sequen…

Anthropic’s revenue run rate tops $65bn, a source says, but a run rate is not revenue
Anthropic’s revenue run rate tops $65bn, a source says, but a run rate is not revenue

Anthropic has told investors that its annualised revenue run rate topped $65bn by the end of July, according to a person familiar with the company’s finances who was cited by Reuters. The distinction matters as a run rate takes revenue from a recent, s…

Anthropic’s annualized revenue surges to $65B

The model maker added $18 billion in annualized revenue in two months.

Anthropic explains how Claude’s invisible text watermarks will work
Anthropic explains how Claude’s invisible text watermarks will work

Anthropic has clarified how it’s planning to apply invisible watermarks to Claude-generated text in order to comply with Europe’s AI transparency rules. On Friday, Anthropic announced that Claude’s text marking system is “a version of the SynthID-Text approach” – an open-source watermarking technology developed by Google DeepMind that creates detectable patterns using wording probabilities. This […]

Anthropic’s near-$2tn IPO rests on a revenue forecast for 2028
Anthropic’s near-$2tn IPO rests on a revenue forecast for 2028

According to a Reuters exclusive, the AI lab’s initial public offering hinges on an internal forecast that it will book between $190bn and $200bn of revenue in 2028, a previously unreported figure that bankers and investors are already leaning on to ju…

Dario Amodei admits AI companies have not delivered on their promises
Dario Amodei admits AI companies have not delivered on their promises

Dario Amodei wrote on X that the most accurate criticism of AI companies including Anthropic is that they have not yet delivered on their promises, and that only genuine breakthroughs will win public trust. It lands as Anthropic prepares a listing that…

Anthropic CEO says AI backlash is ‘fundamentally a crisis of trust’

Dario Amodei is pushing back against the idea that he’s been painting an overly pessimistic picture of AI.

Anthropic shares more details about how Claude’s new watermarks will work

How will the watermarking actually work? Can it be hidden with editing? And how does this affect code?