
OpenAI, Anthropic, Amazon and Microsoft are bankrolling a new nonprofit to retrain American workers for the AI economy. RAISE US, led by Gina Raimondo, has already raised more than $500m. The biggest names in AI agree on at least one thing. The technol…

Steve Jarrett, Orange’s chief AI officer since 2019, will join the Claude maker in Paris in late August to adapt its products for European and African markets. The head of artificial intelligence at the French telecoms group Orange is leaving to join A…

Two leading artificial intelligence researchers at Google are planning to leave for Anthropic, according to a Bloomberg report on June 24, the latest departures from the team behind Gemini and the second pair to head for the Claude maker inside a week….

By 2028, the AI tools a developer uses could cost more than the developer’s salary, Gartner warns. AI coding costs are climbing fast, and most companies cannot even see what they are spending. The AI coding boom has a bill, and it is growing fast. By 2…

Menlo Ventures has raised $3bn, the biggest haul in its 50-year history. It is funded, in effect, by a single bet on Anthropic that is now worth about $14bn. Most venture funds are sold on a promise. Menlo Ventures’ new $3bn is sold on a receipt. The f…

A 2,000% rally has handed Beijing’s Zhipu a rare fundraising window, and Anthropic’s vanished Fable 5 widened it. The harder question is whether a deeply unprofitable lab can turn the moment into a durable business. Six months ago, Zhipu was a Chinese …