In Brief

Anthropic reportedly in talks to raise $2B at $60B valuation, led by Lightspeed

Fundraising /

OpenAI rival Anthropic is in talks to raise $2 billion in new capital in a funding round led by Lightspeed Venture Partners, according to The Wall Street Journal. The round, which The Journal reports would value Anthropic at $60 billion, would bring Anthropic’s total raised to $15.7 billion, going by Crunchbase’s data. It would also […]

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UK uses AI to tackle ‘bid-rigging’ collusion in public procurement contracts

AI /

The U.K’s competition authority already has a lot on its plate in terms of tackling Big Tech’s growing reach across the technological spectrum, but closer to home it’s dealing with a different kind of anti-competitive threat — one it reckons AI is well-equipped to address. As per a Financial Times’ report this week, the Competition

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Turo taps national security and counterterrorism experts after Cybertruck explosion

Transportation /

Two individuals rented cars from Turo, a peer-to-peer car-sharing platform, and used them to perform acts of violence earlier this week. First, a military veteran driving a Ford F-150 Lightning drove into a crowd of people, killing at least 15. Then, an active-duty Green Beret rented a Tesla Cybertruck, parked it in front of the

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Investigation exposes pedophilia in the child-influencer industry 

Apps /

A New York Times investigation found that dozens of potential pedophiles have prolifically exploited the child influencer industry, portraying themselves as photographers or social media experts to get close to the children. One such man, Michael Allen Walker, reportedly promised mothers that their daughters would gain large Instagram followings under his guidance. He ran his

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Nvidia completes acquisition of AI infrastructure startup Run:ai

AI /

Nvidia has completed its acquisition of Run:ai, an Israeli startup that helps manage and optimize AI hardware infrastructure. As part of the merger, Run:ai said its software, which currently only works with Nvidia products, will be open sourced, meaning Nvidia rivals like AMD and Intel will be able to adapt it for their hardware. “We

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UK antitrust watchdog launches review of IBM’s HashiCorp takeover

Enterprise /

The Competition and Markets Authority, the U.K.’s antitrust watchdog, has opened an investigation into whether IBM’s planned acquisition of cloud software vendor HashiCorp would affect competition. The CMA said Monday it was inviting comment on the merger from interested parties by January 16. The regulator set a provisional February 25 deadline to decide whether to

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Crypto industry groups sue IRS over broker reporting rule

Cypto /

Three crypto industry groups — the DeFi Education Fund, the Blockchain Association, and the Texas Blockchain Council — are suing the Internal Revenue Service to block new regulations that require decentralized finance (DeFi) entities to report customer information. The IRS has been finalizing crypto tax regulations as part of the Biden administration’s Infrastructure Investment and

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