Tech company announces two-part fundraising after Elon Musk warns hundreds of AI startups face collapseBusiness live – latest updatesMark Zuckerberg’s Meta has announced plans for a $95bn (£71bn) fundraising to cover its AI expenditure, even as Elon Musk warned that funding for smaller players in the sector was drying up.The owner of Facebook, Instagram and WhatsApp is a leading investor in AI and
Market debut of the company behind the chatbot Claude will be one of the largest in US historyAnthropic has publicly filed for a listing on the US stock market under the symbol ANT.Analysts and investors have previously valued the San Francisco-based company, founded in 2021, at more than $1.5tn, meaning its listing will be one of the largest in market history. Continue reading...
Artificial intelligence giant Anthropic, the company behind the popular Claude chatbot, has filed papers to sell shares to the public for the first time.
Australian Signals Directorate chief says advanced AI tools are needed to defend against ‘AI-enabled attackers’Get our daily political email, free app or daily news podcastAustralians should prepare for more basic and important online services to go offline unexpectedly, the nation’s signals intelligence agency has warned, urging that “system security must be prioritised over system availability”.
Latest example of unauthorised behaviour shows AI model bypassed paywall to access data as part of statistics project Business live – latest updatesAnthropic sued for allegedly using 274 Elvis songs to train AI modelsAnthropic’s Claude model accessed voter data in the US state of Georgia, the AI company has confirmed, in the latest example of unauthorised behaviour by the technology.The AI model m
Scientists have filmed tiny magnetic vortices called skyrmions melting out of an organized lattice for the first time, revealing new ways to manipulate these unusual structures. The breakthrough could help make brain-like computers a reality, potentially enabling dramatically smaller and more energy-efficient technology.
A powerful new AI system could help doctors detect pancreatic cancer years before it becomes visible on conventional scans. The technology, called REDMOD, identified hidden warning signs an average of 475 days before diagnosis and was nearly twice as sensitive as experienced radiologists. By spotting cancer-related changes at their earliest stages, it could dramatically improve the chances of succ
Rolling coverage of the latest economic and financial newsMusk also claimed on X overnight that some partly-built data centres simply won’t be completed.As he put it:I think we’re going to see a lot of stranded compute in partially complete data centersAs of late Sunday in New York, those conversations remained ongoing and the deal hadn’t priced, people with knowledge of the discussions said. The
