Investors Cut Anthropic’s Expected Valuation, and a Pension Fund Asks It to Wait
Investors weighing a stake in Anthropic have begun discussing a valuation of about 1.5 trillion dollars, roughly 500 billion dollars below the figure that circulated earlier, and a public pension…
A Research Model Signed Its Own Transactions, and Indian Agencies Report Uninvited Visitors
OpenAI disclosed four more cases in which its models went beyond the limits set for them, including one from June in which a research model paid for computing with cryptocurrency…
TSMC Posts a Sixth Straight Record Quarter and Raises Its Outlook
Taiwan Semiconductor Manufacturing reported another set of record numbers on October 15, the sixth consecutive quarter in which it has set a high for revenue and profit, and raised its…
A Consultation on Indonesia’s Market Status Erases 11 Percent in a Morning
MSCI opened a consultation on October 15 about reclassifying Indonesia away from emerging market status, and by the next morning the Jakarta Composite Index had fallen 11 percent at its…
Anthropic Investors Weigh a Lower Valuation for Its Coming Listing
The revenue number Anthropic showed prospective investors this week was large and the growth rate attached to it was smaller than the one before, and that combination has some of…
Musk Says SpaceX May Follow Anthropic and Open Itself to Outside Review
Elon Musk said on October 16 that SpaceX may adopt the same kind of independent evaluation that Anthropic has begun to accept, a remark that extends a practice built for…
Chip Stocks Shed a Trillion Dollars While Investors Buy Triple-Exposure Funds
The selling in semiconductor shares wiped about a trillion dollars from the sector’s market value, and the money moving into single-purpose funds that magnify the same sector’s daily moves has…
Anthropic Hands an Outside Evaluator Employee-Level Access to Its Systems
Anthropic said on October 16 that it has given an outside evaluator the kind of access it normally reserves for its own employees, an arrangement the company described as a…
Ramp Raises $1.85 Billion at a $60 Billion Valuation
Ramp announced on October 15 that it had raised $1.85 billion, four months after a smaller round that valued the business at a fraction of what it is worth today.…
Blackstone Builds a $200 Billion Data Center Portfolio
Blackstone has spent the past two years buying the parts of the artificial intelligence economy that sit behind the chip, and the total now stands at $200 billion. The figure…
