OpenAI puts a 20% compute cost on its new AI safety monitoring
OpenAI puts a 20% compute cost on its new AI safety monitoring

OpenAI has put figures and detail on the slowdown it signalled this week. It paused some frontier training for two weeks, it said. It is also running a new monitoring system for the riskiest work. That system adds about 20 percent to the compute cost o…

Anthropic says Claude designed working protein binders, and beat human experts on some
Anthropic says Claude designed working protein binders, and beat human experts on some

Anthropic says its Claude models designed working protein binders and ran a chemical-analysis job in minutes. It published the two experiments on Tuesday. The company reported the results itself. It framed them as early evidence that Claude can speed u…

Anthropic’s revenue passed OpenAI’s for the first time last quarter
Anthropic’s revenue passed OpenAI’s for the first time last quarter

OpenAI grew more slowly than Anthropic last quarter, and for the first time its rival’s sales came in higher. OpenAI told investors its revenue rose 18 percent from the first quarter to the second, to $6.7bn, The Wall Street Journal reported. Its losse…

Anthropic’s AI watermark has already spawned tools to remove it
Anthropic’s AI watermark has already spawned tools to remove it

Anthropic’s push to label AI-written text has produced an immediate counter-move. Developers have started building tools to strip those labels off, according to Business Insider. Thibault Spirlet and Agnes Applegate reported that one remover has gone v…

Anthropic is preparing supervoting shares for its founders before the IPO
Anthropic is preparing supervoting shares for its founders before the IPO

Anthropic is preparing to give its founders shares with extra voting power before it goes public, according to The Information. The company is setting up the structure ahead of an initial public offering that could rank among the largest ever, Cory Wei…

Nvidia’s new financial strategy does not compute
Nvidia’s new financial strategy does not compute

April – 1805 Napoleon is master of Europe Only the British fleet stands before him Compute is now an asset class I see it is once again time to talk financial innovation. Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR are all working with Nvidia to put together $500 billion in financing to turn compute […]

AI-drafted bills are swamping the House office that writes US laws
AI-drafted bills are swamping the House office that writes US laws

Congressional staffers and outside groups are using Claude and ChatGPT to draft legislation. The lawyers who check that work cannot keep up. Owen Dahlkamp reported the strain on the House Office of Legislative Counsel for Politico on Monday. He drew on…

Situational Awareness ran two auctions at once, and one set of bidders never knew
Situational Awareness ran two auctions at once, and one set of bidders never knew

Situational Awareness lost roughly $30bn in July. The desk reported that three weeks ago. What happened inside those six days has not. Gregory Zuckerman, Juliet Chung and Peter Rudegeair have reconstructed it for the Wall Street Journal, and the sequen…

Anthropic’s revenue run rate tops $65bn, a source says, but a run rate is not revenue
Anthropic’s revenue run rate tops $65bn, a source says, but a run rate is not revenue

Anthropic has told investors that its annualised revenue run rate topped $65bn by the end of July, according to a person familiar with the company’s finances who was cited by Reuters. The distinction matters as a run rate takes revenue from a recent, s…

Anthropic’s annualized revenue surges to $65B

The model maker added $18 billion in annualized revenue in two months.