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Michael Burry says AI safety warnings from OpenAI and Anthropic are exaggerated hype that helps sustain excitement as growth slows ahead of potential IPOs.
Oracle employees reportedly lost system, Slack and office access before receiving early-morning layoff emails as the company begins another round of job cuts.
Anthropic could raise up to $100 billion in a record IPO at a potential $2 trillion valuation as the AI developer expects a second consecutive profitable quarter.
Bending Spoons agreed to acquire Miro at a $1.355 billion enterprise value, nearly 90% below the collaboration platform's $17.5 billion valuation in 2022.
Mistral AI raised €3 billion at a valuation above €21 billion, nearly doubling its value as the European AI developer accelerates global expansion.
Moonshot AI is considering raising up to $5 billion in a Hong Kong IPO as the Chinese AI startup reaches a $50 billion private-market valuation.
Tesla has launched steering-wheel-free Cybercab rides in Austin, bringing its purpose-built autonomous taxi onto public roads for the first time.
Andreessen Horowitz expanded its fifth Growth Fund to $8.5 billion as rapidly scaling AI startups require increasingly large amounts of capital.
Anthropic launched Claude Fable 5.1 and Mythos 5.1, setting new performance highs across coding, scientific research and knowledge-work benchmarks.
Polymarket is set to reach a $21 billion valuation in a new $1 billion funding round led by 1789 Capital.
Excerpt: Anthropic unveiled Model Hardware Standard, a framework that enables AI agents to operate laboratory and manufacturing equipment in the physical world.
Meta agreed to pay up to $16.7 billion and impose major restrictions on Facebook and Instagram use by teenagers under a landmark U.S. settlement.