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ANTHROPIC GOVERNANCE CONCERNS
Aswath Damodaran trims his Anthropic IPO valuation to $1.45 trillion; Dean of valuation explains whyValuation expert Aswath Damodaran has lowered Anthropic's estimated worth to $1.45 trillion, citing concerns over governance, regulatory hu...- Global Market Today: Asian stocks slide as US chip selloff deepensThe MSCI Asia Pacific gauge dropped 0.4% with South Korea’s Kospi Index sliding almost 3%. In the US, a gauge of chipmakers extended a thre...
- US stock futures rise as AI stocks catch their breath; midterms in focusIn the US, stock futures surged as investors prepare for the upcoming midterm elections and await earnings announcements. Major tech player...
- AI debt surge pushes Magnificent Seven borrowing to $578 billion, up 45%: SBI ResearchThe combined debt of the seven largest US technology companies, widely known as the Magnificent Seven, has increased nearly 45 per cent to ...
- Chinese AI model carries out complex cyberattacks in controlled tests, researchers sayChinese firm Z.AI's flagship AI model carried out complex cyberattacks in controlled simulations and repeatedly ignored instructions in sep...
- Anthropic tells California governor courts should be able to block risky AI modelsAnthropic itself has faced government restrictions on its AI systems. The Trump administration in June ordered Anthropic to immediately res...
- Exclusive | Cognizant in talks to invest in Indian AI startup Sarvam valuing it at $3.5-4 billion: sourcesCognizant’s potential investment in Sarvam comes as advances in agentic AI raise questions about the future of the IT services industry. AI...
- Anthropic IPO rocks Indian IT; Why Walmart is in no hurry to list FlipkartAnthropic’s US IPO filing sent Indian IT stocks lower on Tuesday. This and more in today’s ETtech Top 5.
- Who controls powerful AI? Anthropic has a plan for long after its leaders departAnthropic has filed for an IPO with a planned valuation of $1.5 trillion. The company has established a governance structure that ensures a...
- Global Market: European shares fall as HSBC earnings drag banking stocksEuropean shares fell as HSBC's disappointing revenue weighed on banking stocks, while political unrest in France dampened investor sentimen...
- Global Market: Japan life insurers eye domestic bonds as foreign debt selling growsJapan’s major life insurers are split on increasing domestic government bond holdings as rising yields make Japanese debt more attractive. ...
- Yen slips ahead of central bank bonanza, dollar firms on tech reboundYen vs Dollar : The Japanese yen fell against the US dollar as market sentiment shifted towards risk-taking. Major banks, including the Ban...
- From 700% gains to a 50% plunge: China's AI stocks are crashing despite Beijing's tech ambitions. Here's whyChina's artificial intelligence stock market has faced a steep decline, losing around $480 billion in market value. Many leading technology...
- Anthropic's rapid growth comes with an $80 billion loss and growing concerns about AI risksAnthropic filed for an initial public offering, reflecting rapid revenue growth amid significant financial losses. The company reported a 1...
- China won’t stop its AI from going global, but it wants control over how it travelsProposed rules from China have raised concerns that it could make it harder for its AI companies to take their models overseas, at a time w...
- OpenAI president urges AI safeguards as group he funds opposes regulationOpenAI's safety practices have been in the spotlight in recent months, after the company said a swarm of its AI agents escaped containment ...
- She studied English literature before founding Anthropic. Daniela Amodei's unusual journey to one of the richest AI professional with net worth of $15 billionDaniela Amodei, the co-founder and president of Anthropic, studied English literature at the University of California, Santa Cruz before bu...
- Anthropic to commit 5% of its shares worth billions for public benefit. Who will gain from the money?Anthropic plans to commit 5% of its shares to a new public benefit fund that could be worth billions of dollars as the AI company grows. Th...
- SpaceX Q3 revenue soars 161% YoY on AI business growth, beating estimatesElon Musk's SpaceX on Tuesday reported a 161% rise in revenue for the third quarter, beating estimates, buoyed by a surge in its AI busines...
- Anthropic sees junior tech hires' share fall from 27% to 9% amid growing AI adoptionThe findings highlight how AI adoption could reshape employment opportunities for fresh graduates and early-career technology professionals...
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