Seven people quit OpenAI to cofound Anthropic in January 2021. Five-and-a-half years later, each of them owns almost exactly the same slice of the AI company that just officially released…
Read article →Anthropic’s S-1 IPO filing is officially out, and aside from warnings about “catastrophic or existential risks to humanity,” it includes an alphabet soup of varying classes of stock. Recommended Video…
Read article →Anthropic’s 318-page IPO prospectus, which the company made public today, makes one thing clear: Compute is essential to Anthropic’s business, and not securing enough of it is a significant risk…
Read article →The AI boom has been propping up U.S. growth for more than a year. But Goldman Sachs chief economist Jan Hatzius says that support is about to crest, and Apollo…
Read article →Pumpkin patches can be fun, but what if you don’t have time, you’re allergic to hay, or you accidentally snap the stem off every pumpkin you try to pick up?…
Read article →Switzerland has long been famous as a haven for wealth, with Swiss bank accounts drawing money from rich people across the globe. Recommended Video On a per-capita GDP basis, the…
Read article →Bill Gates plans to give away roughly $200 billion before his foundation closes in 2045. Even that won’t cover what rich governments just cut. Recommended Video Official development assistance from…
Read article →Around 9 a.m. on Oct. 26, Anthropic unveiled one of the most eagerly awaited documents in Big Tech history: its prospectus for an initial public offering. Now that the Claude…
Read article →The average interest rate for a 30-year, fixed-rate conforming mortgage loan in the U.S. is 7.231%, very slightly down from the day before, according to data from Mortgage Research Center.…
Read article →Next Tuesday, Californians will vote on Proposition 40, which would impose a one-time 5% tax on the state’s billionaires. It would apply only to people whose primary residence was in…
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