Anthropic, an AI company backed by Amazon and Google, is preparing for a major IPO potentially valuing it near $1 trillion. Co-founder Jack Clark cautions that the AI industry currently has no mechanism to slow development, likening it to having a gas pedal but no brake. He emphasizes the need for policymakers to have the ability to pause AI progress if it becomes too powerful or society needs time to adapt. Clark also revealed that 80% of Anthropic's code is now generated by its AI system Claude, significantly boosting productivity and raising questions about the future role of AI in software development.
Crédit Agricole S.A. announced it will repay its senior non-preferred bonds issued on June 3, 2021, totaling ¥84.2 billion JPY, on July 6, 2026. The repayment will be at 100% of the principal plus accrued interest up to the repayment date. This move ...
Crédit Agricole S.A. announced it will redeem all outstanding ¥84.2 billion Japanese Yen callable senior non-preferred bonds issued in June 2021 on July 6, 2026. The redemption will be at 100% of the principal amount plus accrued interest, ceasing bo...
In 2009, Nvidia CEO Jensen Huang predicted GPUs would surpass CPUs in computing importance, a vision now expanding as Nvidia launches new chips combining Arm-based CPUs and advanced GPUs. The RTX Spark Superchip aims to improve laptop battery life an...
Tesla has reduced its robotaxi fleet to about 20 vehicles despite expanding the Austin service area, raising safety concerns from former engineers. Meanwhile, SpaceX updated its IPO filing, indicating a lock-in period for Musk's shares and potential ...
Skeena Resources is shifting from a risky developer to a mid-construction precious metals producer, aiming to start production by Q2 2027. The company has secured all major permits, completed nearly half of the Eskay Creek project construction, and r...
