News
Google Backstops $35 Billion Chip Deal to Keep Anthropic Running on Its TPUs
3+ hour, 48+ min ago (873+ words) Google has agreed to backstop lease payments for a $35 billion chip financing deal that keeps Anthropic running on its custom TPUs across five U. S. data centers, deepening the financial entanglement between two companies that are also AI competitors. The structure treats…...
Open AI Confidentially Files for IPO, Targeting $1 Trillion Valuation
3+ hour, 55+ min ago (1121+ words) Open AI has confidentially filed its S1 with the SEC, joining Anthropic and Space X in AI's publicmarket moment. The $852 billion company loses $1. 22 for every dollar of revenue but is targeting a Q4 2026 listing at up to $1 trillion. Builders should watch for…...
Anthropic Releases Claude Fable 5, First Public Mythos-Class AI Model
9+ hour, 40+ min ago (912+ words) Anthropic has released Claude Fable 5, the first Mythos'class AI model available to the general public. The model tops coding benchmarks with 80. 3% on SWE'Bench Pro and can perform codebase'wide migrations in a single day " but comes with new safety guardrails that…...
Microsoft AI Chief Warns Anthropic's Claude Consciousness Talk Is 'Really Dangerous"
5+ hour, 22+ min ago (1025+ words) Microsoft AI CEO Mustafa Suleyman publicly accused Anthropic of dangerously anthropomorphizing Claude, calling consciousness speculation 'really, really dangerous' in a rare public clash between top AI labs. The dispute reveals a growing rift over how AI companies should talk about…...
Salesforce Cuts Jobs for Third Time in Nine Months Despite $1. 2 B AI Revenue
7+ hour, 22+ min ago (729+ words) Salesforce laid off employees for the third time in nine months, with cuts hitting teams tied to its Agentforce AI product. The layoffs come just one month after the company reported Agentforce annual recurring revenue surpassed $1. 2 billion " a paradox that…...
Perplexity CEO Sets 2028 IPO Target, Betting AI Search Can Wait While Rivals Rush In
8+ hour, 35+ min ago (694+ words) Perplexity CEO Aravind Srinivas confirmed the AI search company will go public in 2028, deliberately waiting while Open AI, Anthropic, and Space X race to Wall Street this year. With $500 million in annualized revenue and 100 million monthly active users, Perplexity is…...
Open AI Files for IPO a Week After Anthropic as AI Giants Race to Wall Street
1+ day, 9+ hour ago (786+ words) Open AI confidentially filed for an IPO just one week after rival Anthropic. Open AI has confidentially filed a draft registration statement with the U. S. Securities and Exchange Commission for an initial public offering, the company announced Monday. The filing comes…...
AI Drives 40% of US Job Cuts in May as 97, 000 Positions Eliminated
1+ day, 4+ hour ago (993+ words) AI was cited as the primary reason for 40% of all US job cuts in May 2026, according to the Challenger Report, with 97, 006 positions eliminated overall. A separate Mercer survey found 99% of CEOs expect AI'driven layoffs within two years, as the technology…...
Trump Signs AI Security Order Requiring 30-Day Review of Frontier Models
1+ day, 5+ hour ago (854+ words) President Trump signed an executive order mandating a voluntary 30day prerelease cybersecurity review for frontier AI models, a direct response to Anthropic's Mythos model. The order creates a Treasuryled clearinghouse for vulnerability scanning and marks a shift from the administration's deregulatory…...
Anthropic Claude Code Creator Manages Tens of Thousands of AI Agents at Once
1+ day, 8+ hour ago (520+ words) Claude Code at Scale Boris Cherny, creator of Claude Code at Anthropic, has not written a line of code by hand in eight months. Instead, he orchestrates fleets of AI agents " sometimes tens of thousands at once " that write, review,…...