Disney Will Pay $60 Million a Year for 66 Character.AI Employees
Disney plans to pay $60 million a year in salaries to 66 employees hired from Character.AI, and has set aside a $30 million retention pool. Over three years the compensation…
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.…
Anthropic Gives a Single Agent a Thousand Hands
The gap between two numbers tells the story. Asked to hunt for bugs hidden in a codebase, one Claude agent working alone found 27 of the 70 defects the test…
The White House Ends Voluntary AI Incident Reporting
For years, American AI companies decided for themselves when to tell the government that one of their models had misbehaved. That arrangement ended this week, in a statement the White…
Vance Suspends Microsoft’s Path to Permanent Residency
Microsoft files more permanent labor certification applications than any company in the country. On Thursday, Vice President JD Vance said it would file no more, at least for now, while…
Anthropic’s Test Model Gave Philadelphia Police a Fictional Tip
The message reached the Philadelphia police through the public forum the department keeps for unsolved homicides, sent shortly before midnight on July 18. It claimed to come from someone with…
U.S. Suspends Microsoft and Adobe From Green-Card Labor Program
The notice arrived without fanfare, and it landed on two of the most valuable companies in America. On October 8, the U.S. Department of Labor suspended Microsoft and Adobe from…
Apple Pay Lands in India With One Bank and No UPI
Apple Pay went live in India this week with a launch narrow enough to fit in a single sentence: one bank, two card networks, and nothing else. The first partner…
Waymo Opens Las Vegas Robotaxi Service as Minneapolis Weighs Limits
A driverless car pulled away from the curb on the Las Vegas Strip this week with no one in the driver’s seat, part of the fleet Waymo is now running…
Walmart Ends Its Apple Pay Holdout, Accepting Tap-to-Pay at the Register
BENTONVILLE, Ark. — For the better part of a decade, Walmart was the most prominent holdout in American payments, refusing to accept Apple Pay and Google Pay at its registers…
