Anthropic’s IPO filing means Salesforce’s early AI bet is about to become its most profitable investment
Anthropic’s IPO filing means Salesforce’s early AI bet is about to become its most profitable investment

Salesforce has a stake in Anthropic worth approximately $5 billion after investing repeatedly in the Claude developer since early 2023, Bloomberg reported on Monday. The software company first participated in Anthropic’s fundraising with roughly $50 mi…

Florida becomes the first state to sue OpenAI, naming Altman personally and calling ChatGPT a defective product
Florida becomes the first state to sue OpenAI, naming Altman personally and calling ChatGPT a defective product

Florida has sued OpenAI and CEO Sam Altman in what appears to be the first lawsuit by a US state against the maker of ChatGPT. The civil complaint, filed Monday in state court by Attorney General James Uthmeier, accuses OpenAI of violating product liab…

Anthropic is finally giving the EU access to Mythos, ending weeks of standoff over the world’s most powerful cybersecurity AI
Anthropic is finally giving the EU access to Mythos, ending weeks of standoff over the world’s most powerful cybersecurity AI

Anthropic has agreed to give the European Union’s cybersecurity agency, ENISA, access to Claude Mythos, the AI model that has autonomously discovered more than 10,000 high- and critical-severity zero-day vulnerabilities across every major operating sys…

Berlin-based Contentful snapped up by Salesforce

Contentful, the German content management company, is to be acquired by US software giant Salesforce, the companies announced today. Berlin-based Contentful, founded in 2013, has developed an API-firs…

AI is crushing startup valuations for companies that raised before ChatGPT existed
AI is crushing startup valuations for companies that raised before ChatGPT existed

The AI boom has created a two-speed startup economy. Companies building on generative AI are raising at historically unprecedented valuations, while startups that last raised capital before ChatGPT launched in November 2022 are watching their worth col…

Gradient Labs raises fresh $13M

An AI startup that uses AI agents to help financial businesses eliminate repetitive tasks across customer operations has raised a fresh $13m in funding, doubling its Series A raise to $26m, it said to…

US export controls are pushing China’s AI chip industry away from GPUs and toward custom silicon
US export controls are pushing China’s AI chip industry away from GPUs and toward custom silicon

China’s AI chip industry is no longer trying to build an Nvidia clone. Under sustained US export controls that block access to the most powerful general-purpose GPUs, the country’s largest technology companies are pivoting toward application-specific i…

AI eclipsed nuclear weapons as the dominant threat at Asia’s premier defense summit
AI eclipsed nuclear weapons as the dominant threat at Asia’s premier defense summit

The dangers of artificial intelligence eclipsed nuclear weapons as the central concern at a strategic stability panel during the Shangri-La Dialogue in Singapore, with senior military officials warning that AI-driven systems are collapsing the time ava…

LG Electronics has quadrupled this year. The catalyst: a meeting with Jensen Huang about physical AI.
LG Electronics has quadrupled this year. The catalyst: a meeting with Jensen Huang about physical AI.

LG Electronics shares have quadrupled this year. The stock hit its 30% daily limit for a second consecutive session on Monday after reports that LG Group Chair Koo Kwang-mo will meet Nvidia CEO Jensen Huang on 5 June. The meeting will focus on expandin…

Nadella quietly dismantled Microsoft’s leadership structure. The SLT that ran the company for decades is gone.
Nadella quietly dismantled Microsoft’s leadership structure. The SLT that ran the company for decades is gone.

Satya Nadella has dismantled the senior leadership structure that ran Microsoft for decades. The company “quietly retired what’s known as the SLT,” a person close to the CEO told Business Insider. The senior leadership team, the powerful executives who…