AI News & Insights on Artificial Intelligence
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By Chris Borden - Category: Industry
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Anthropic Raises $30B in Series G, Valuation Jumps to $380B
Anthropic has raised $30 billion in a Series G funding round, valuing the AI company at $380 billion post-money.
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By Daniel Mercer - Category: Industry
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xAI Co-Founders Depart as Musk’s AI Startup Faces Turbulence
Jimmy Ba, co-founder of Elon Musk’s AI startup xAI, has left the company. Ba was one of the twelve original founding members and previously served as an assistant professor at the University of Toronto, where he studied under AI pioneer Geoffrey Hinton.
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By Chris Borden
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Anthropic Faces Internal Backlash as AI Safety Lead Departs Over Value Drift
It appears that Anthropic is beginning to feel the “OpenAI effect.” Growing commercialization and the need to raise billions of dollars are forcing the company into compromises—such as accepting funding from authoritarian regimes, cooperating with the U.S. Department of Defense and companies like Palantir, or even offering explicit praise for Donald Trump.
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By Chris Borden
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Cango Sells 4,451 BTC to Cut Debt and Pivot Toward AI Infrastructure as NFN8 Files for Bankruptcy
Mining company Cango has sold 4,451 BTC on the open market. The sale represented roughly 60% of the firm’s bitcoin reserves, which previously stood at 7,476 BTC.
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