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Microsoft targets Anthropic with new model releases
Microsoft targets Anthropic with new model releases Financial Times
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Anthropic to expand Mythos access to more than 15 countries
Anthropic to expand Mythos access to more than 15 countries Financial Times
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Anthropic files for blockbuster initial public offering
Anthropic files for blockbuster initial public offering Financial Times
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Anthropic offers EU access to Mythos
Anthropic offers EU access to Mythos Financial Times
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SoftBank pledges €75bn to build Europe’s biggest AI facility in France
SoftBank pledges €75bn to build Europe’s biggest AI facility in France Financial Times
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Elon Musk’s tweet undermines SpaceX’s claims about Anthropic data centre deal
Elon Musk’s tweet undermines SpaceX’s claims about Anthropic data centre deal Financial Times
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Anthropic finalises $65bn funding deal to surpass OpenAI’s valuation
Anthropic finalises $65bn funding deal to surpass OpenAI’s valuation Financial Times
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OpenAI’s foundation to spend $250mn on research into AI’s impact on economy
OpenAI’s foundation to spend $250mn on research into AI’s impact on economy Financial Times
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OpenAI’s foundation to spend $250mn on research into AI’s impact on economy
OpenAI’s foundation to spend $250mn on research into AI’s impact on economy Financial Times
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SpaceX, OpenAI and Anthropic IPOs set to test limits of AI boom
SpaceX, OpenAI and Anthropic IPOs set to test limits of AI boom Financial Times
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FirstFT: SpaceX, OpenAI and Anthropic IPOs to ignite trading frenzy
FirstFT: SpaceX, OpenAI and Anthropic IPOs to ignite trading frenzy Financial Times
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‘Fast entry’ SpaceX, OpenAI and Anthropic IPOs to ignite Wall Street trading frenzy
‘Fast entry’ SpaceX, OpenAI and Anthropic IPOs to ignite Wall Street trading frenzy Financial Times
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Anthropic on track for first profitable quarter
Anthropic on track for first profitable quarter Financial Times
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OpenAI readies IPO filing to list as soon as September
OpenAI readies IPO filing to list as soon as September Financial Times
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Document and sources: China banned Nvidia's RTX 5090D V2 chip, aimed at gamers and animators, while Jensen Huang was visiting China with Donald Trump last week (Financial Times)
Financial Times: Document and sources: China banned Nvidia's RTX 5090D V2 chip, aimed at gamers and animators, while Jensen Huang was visiting China with Donald Trump last week — Beijing aims to support domestic…
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Q&A with Harvey CEO Winston Weinberg on launching the legal AI startup in 2022, how AI could shake up law firm business models, legal AI competition, and more (George Hammond/Financial Times)
George Hammond / Financial Times: Q&A with Harvey CEO Winston Weinberg on launching the legal AI startup in 2022, how AI could shake up law firm business models, legal AI competition, and more — The co-founder of the…
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Sources: Nvidia's business development group, not its VC arm NVentures, has led much of its ~$90B dealmaking push across 145+ companies over the past 16 months (Financial Times)
Financial Times: Sources: Nvidia's business development group, not its VC arm NVentures, has led much of its ~$90B dealmaking push across 145+ companies over the past 16 months — Chipmaker's spending rivals Big Tech's…
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Filing and sources: PE firm Hg has spun out €500M worth of assets from its €19B software group Visma, whose London IPO remains shelved amid the "SaaSpocalypse" (Alexandra Heal/Financial Times)
Alexandra Heal / Financial Times: Filing and sources: PE firm Hg has spun out €500M worth of assets from its €19B software group Visma, whose London IPO remains shelved amid the “SaaSpocalypse” — Move by private equity…
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Standard Chartered plans to cut nearly 8,000 back-office positions by 2030, a 15%+ reduction in support functions in hubs like Bengaluru, amid growing AI usage (Arjun Neil Alim/Financial Times)
Arjun Neil Alim / Financial Times: Standard Chartered plans to cut nearly 8,000 back-office positions by 2030, a 15%+ reduction in support functions in hubs like Bengaluru, amid growing AI usage — Bill Winters says new…
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Sources: Demis Hassabis was an angel investor in Anthropic; PitchBook and Dealroom: former DeepMind researchers founded 12+ companies since 2021, raising $14B+ (Financial Times)
Financial Times: Sources: Demis Hassabis was an angel investor in Anthropic; PitchBook and Dealroom: former DeepMind researchers founded 12+ companies since 2021, raising $14B+ — Demis Hassabis, the founder of Google…
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Google DeepMind’s Demis Hassabis emerges as early Anthropic investor
Google DeepMind’s Demis Hassabis emerges as early Anthropic investor Financial Times
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Companies running bug bounty programs are tightening background checks and building AI agents to triage a flood of low-quality reports generated by AI (Jamie John/Financial Times)
Jamie John / Financial Times: Companies running bug bounty programs are tightening background checks and building AI agents to triage a flood of low-quality reports generated by AI — ‘Bug bounty’ programmes have seen a…
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Sources: Anthropic agrees to brief the Financial Stability Board on global financial system vulnerabilities found by Mythos, following a request by FSB's Chair (Financial Times)
Financial Times: Sources: Anthropic agrees to brief the Financial Stability Board on global financial system vulnerabilities found by Mythos, following a request by FSB's Chair — US tech group will discuss capabilities…
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Analysis: mass adoption of smartphones and social media may be a primary driver of declining birthrates globally, in part by reducing in-person socializing (John Burn-Murdoch/Financial Times)
John Burn-Murdoch / Financial Times: Analysis: mass adoption of smartphones and social media may be a primary driver of declining birthrates globally, in part by reducing in-person socializing — The demographic…
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Sources: DayOne, the spinoff of China's largest data center operator GDS Holdings, plans dual IPO in Singapore and NY, seeking to raise $5B at a ~$20B valuation (Owen Walker/Financial Times)
Owen Walker / Financial Times: Sources: DayOne, the spinoff of China's largest data center operator GDS Holdings, plans dual IPO in Singapore and NY, seeking to raise $5B at a ~$20B valuation — Please use the sharing…
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Developers say Chinese AI labs lead US rivals in video generation, as ByteDance and Kuaishou train models on vast short-form video libraries from their own apps (Eleanor Olcott/Financial Times)
Eleanor Olcott / Financial Times: Developers say Chinese AI labs lead US rivals in video generation, as ByteDance and Kuaishou train models on vast short-form video libraries from their own apps — Chinese artificial…
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King's Cross, where Google's new UK HQ is due to open later this year, has become London's new tech, VC, and AI hub, attracting OpenAI, Anthropic, and others (John Gapper/Financial Times)
John Gapper / Financial Times: King's Cross, where Google's new UK HQ is due to open later this year, has become London's new tech, VC, and AI hub, attracting OpenAI, Anthropic, and others — A formerly rundown area has…
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Professional services firm EY has withdrawn a study on loyalty rewards programs after researchers at GPTZero found apparent AI hallucinations and fake footnotes (Stephen Foley/Financial Times)
Stephen Foley / Financial Times: Professional services firm EY has withdrawn a study on loyalty rewards programs after researchers at GPTZero found apparent AI hallucinations and fake footnotes — Incident is latest…
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Ofcom says X has committed to implementing stronger protections for UK users, including reviewing illegal hate and terror content within 24 hours, after a probe (Daniel Thomas/Financial Times)
Daniel Thomas / Financial Times: Ofcom says X has committed to implementing stronger protections for UK users, including reviewing illegal hate and terror content within 24 hours, after a probe — Social media platform…
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London-based edtech startup Multiverse raised $70M at a $2.1B valuation from Index and others as it pushes into AI training; it acquired StackFuel in January (Kieran Smith/Financial Times)
Kieran Smith / Financial Times: London-based edtech startup Multiverse raised $70M at a $2.1B valuation from Index and others as it pushes into AI training; it acquired StackFuel in January — Multiverse raises $70mn in…
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Sources: Anthropic has agreed to the terms of a $30B fundraising at a $900B valuation, with Sequoia, Dragoneer, Greenoaks, and Altimeter co-leading the round (George Hammond/Financial Times)
George Hammond / Financial Times: Sources: Anthropic has agreed to the terms of a $30B fundraising at a $900B valuation, with Sequoia, Dragoneer, Greenoaks, and Altimeter co-leading the round — AI lab has tapped…
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Anthropic agrees terms of $30bn funding deal at $900bn valuation
Anthropic agrees terms of $30bn funding deal at $900bn valuation Financial Times
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Ford stock jumped as much as 25% in two days after the launch of Ford Energy, a new subsidiary providing battery storage capacity to AI data centers (Christian Davies/Financial Times)
Christian Davies / Financial Times: Ford stock jumped as much as 25% in two days after the launch of Ford Energy, a new subsidiary providing battery storage capacity to AI data centers — New subsidiary pivots to energy…
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OpenAI considering legal action against Apple over iPhone AI deal
OpenAI considering legal action against Apple over iPhone AI deal Financial Times
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Sources: climate watchdog SBTi drops proposed rules that would limit tech companies' claims that gas-fueled data centers are covered by clean energy investments (Kenza Bryan/Financial Times)
Kenza Bryan / Financial Times: Sources: climate watchdog SBTi drops proposed rules that would limit tech companies' claims that gas-fueled data centers are covered by clean energy investments — Corporate climate…
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SoftBank reports Q4 net income up 3x to ~$11.6B, above ~$1.5B est., driven by a $25B gain in its OpenAI stake; by October, its OpenAI investment will hit $64.6B (David Keohane/Financial Times)
David Keohane / Financial Times: SoftBank reports Q4 net income up 3x to ~$11.6B, above ~$1.5B est., driven by a $25B gain in its OpenAI stake; by October, its OpenAI investment will hit $64.6B — Japanese group books…
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Q&A with Amazon head of devices and services Panos Panay on Alexa+, the company's focus on devices for the home, the Leo satellite broadband business, and more (Rafe Rosner-Uddin/Financial Times)
Rafe Rosner-Uddin / Financial Times: Q&A with Amazon head of devices and services Panos Panay on Alexa+, the company's focus on devices for the home, the Leo satellite broadband business, and more — Executive tasked…
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China's move to block Meta's Manus acquisition challenges the "Singapore washing" model, as major Chinese tech companies build significant Singapore presences (Owen Walker/Financial Times)
Owen Walker / Financial Times: China's move to block Meta's Manus acquisition challenges the “Singapore washing” model, as major Chinese tech companies build significant Singapore presences — Beijing's move to block…
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Analysts say AI fervor in the US and Asia has spread to Europe, boosting stocks like STMicro and Nokia as investors seek the AI boom's pick-and-shovel stocks (Financial Times)
Financial Times: Analysts say AI fervor in the US and Asia has spread to Europe, boosting stocks like STMicro and Nokia as investors seek the AI boom's pick-and-shovel stocks — Investors hunt for winners in market that…
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China's CSI AI Index, which tracks AI supply chain companies, is up 28%+ YTD, while HK's Hang Seng Tech Index, which includes Alibaba and Tencent, is down 8% (William Sandlund/Financial Times)
William Sandlund / Financial Times: China's CSI AI Index, which tracks AI supply chain companies, is up 28%+ YTD, while HK's Hang Seng Tech Index, which includes Alibaba and Tencent, is down 8% — Tencent and Alibaba…
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Delivery Hero says founder Niklas Östberg plans to step down as CEO by March 2027, as the German food delivery group faces mounting activist investor pressure (Financial Times)
Financial Times: Delivery Hero says founder Niklas Östberg plans to step down as CEO by March 2027, as the German food delivery group faces mounting activist investor pressure — Founder Niklas Östberg will leave German…
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Sources: the Trump administration is quietly debating whether to ban Chinese "cellular modules", as the US FCC pushes measures to reduce Beijing's threats (Demetri Sevastopulo/Financial Times)
Demetri Sevastopulo / Financial Times: Sources: the Trump administration is quietly debating whether to ban Chinese “cellular modules”, as the US FCC pushes measures to reduce Beijing's threats — FCC chair Brendan Carr…
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Sources: some Amazon employees are using in-house OpenClaw-like tool MeshClaw for unnecessary tasks to inflate AI token use after Amazon set weekly AI targets (Financial Times)
Financial Times: Sources: some Amazon employees are using in-house OpenClaw-like tool MeshClaw for unnecessary tasks to inflate AI token use after Amazon set weekly AI targets — In-house MeshClaw tool enables employees…
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Sources: German defense tech startup Helsing is set to raise $1.2B led by Dragoneer and Lightspeed at a valuation of about $18B, up from $14B in June 2025 (Financial Times)
Financial Times: Sources: German defense tech startup Helsing is set to raise $1.2B led by Dragoneer and Lightspeed at a valuation of about $18B, up from $14B in June 2025 — German company backed by Spotify's Daniel Ek…
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Brookings: clerical and administrative workers, 85%+ of whom are women, are among the most exposed to AI-driven displacement and least equipped to navigate it (Taylor Telford/Financial Times)
Taylor Telford / Financial Times: Brookings: clerical and administrative workers, 85%+ of whom are women, are among the most exposed to AI-driven displacement and least equipped to navigate it — Female-dominated…
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Investor letter: TCI, one of the world's biggest hedge funds, cut almost all of its $8B Microsoft stake, citing AI risks primarily for Office and some for Azure (Costas Mourselas/Financial Times)
Costas Mourselas / Financial Times: Investor letter: TCI, one of the world's biggest hedge funds, cut almost all of its $8B Microsoft stake, citing AI risks primarily for Office and some for Azure — TCI has cut its…
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Analysis: the combined free cash flow of Amazon, Alphabet, Microsoft, and Meta is expected to fall to ~$4B in Q3 and hit its lowest full-year level since 2014 (Financial Times)
Financial Times: Analysis: the combined free cash flow of Amazon, Alphabet, Microsoft, and Meta is expected to fall to ~$4B in Q3 and hit its lowest full-year level since 2014 — Silicon Valley giants have transformed…
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Fintech app Toss, used by ~66% of South Korea's 51M people, says its FacePay service, available at 330K retail outlets, has attracted 4.8M users since September (Song Jung-a/Financial Times)
Song Jung-a / Financial Times: Fintech app Toss, used by ~66% of South Korea's 51M people, says its FacePay service, available at 330K retail outlets, has attracted 4.8M users since September — Toss aims to ‘eliminate…
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Sources: Anthropic weighs raising as much as $50B at a ~$900B pre-money valuation, likely closing within two months; its annualized revenue is nearing $45B (Financial Times)
Financial Times: Sources: Anthropic weighs raising as much as $50B at a ~$900B pre-money valuation, likely closing within two months; its annualized revenue is nearing $45B — Start-up behind Claude tool is fielding…
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Goldman Sachs: Alphabet and Amazon generated "other income" totaling $53B in Q1, or ~60% of their Q1 income; $49B was due to equity stakes in private companies (Robin Wigglesworth/Financial Times)
Robin Wigglesworth / Financial Times: Goldman Sachs: Alphabet and Amazon generated “other income” totaling $53B in Q1, or ~60% of their Q1 income; $49B was due to equity stakes in private companies — The AI…