Emil Michael, who first made his name in Silicon Valley as a key player for the ride-sharing giant Uber, has now switched sides. In his current role as a senior official at the Pentagon, he is taking a leading position in the defense department’s contentious dispute with artificial intelligence company Anthropic. The negotiations center on […]
U.S. stocks are rebounding today after fears surrounding artificial intelligence disrupted the market in Monday’s trading session. While concerns about the technology’s impact remain a focus, investor sentiment got a boost from some positive news in the software sector. The AI startup Anthropic unveiled a host of new enterprise capabilities for its Claude AI. This […]
Defense Secretary Pete Hegseth has given a major AI company until Friday to comply with demands to remove safeguards from its artificial intelligence model or risk losing a significant Pentagon contract. The government also threatened to designate the company a supply chain risk, a move that could severely impact its business. At the heart of […]
Shares of U.S. software companies climbed on Tuesday, leading a rebound in a sector that had been hammered by fears about the disruptive impact of artificial intelligence. The rally was sparked by an announcement from an AI startup regarding new partnerships. The startup said it was developing new tools, so-called “plug-ins,” with its partners designed […]
Anthropic has unveiled a suite of new enterprise capabilities for its Claude AI platform, marking a significant push into the business software space less than a month after introducing plugins for the system. The announcement sent ripples through the market, putting pressure on shares of established software companies. The updated features include plugins designed for […]
A new fund is taking steps to offer everyday investors a chance to own a piece of major private companies like SpaceX and Anthropic. The fund, Powerlaw Corp., which holds stakes in several leading firms in artificial intelligence, defense, and space, has filed to sell its shares publicly in New York. This move is designed […]
