Business
The money and strategy behind AI: deals, funding, launches and how companies are putting AI to work.
Stories
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Anthropic’s IPO filing pairs an “age of miracles” with extinction warnings
Anthropic’s filing to go public pitches investors on a world-changing mission while warning at length that its technology could cause catastrophic harm and that it may never turn a profit.
Source: The Verge
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Anthropic’s IPO filing shows a profitable AI lab betting on AGI
On The Verge’s Decoder, a SemiAnalysis analyst walks through Anthropic’s filing to go public, which finally shows how a leading AI lab makes and spends its money.
Source: The Verge
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Marvel’s VisionQuest shows how sci-fi shapes the hype around rogue AI
A Verge critic argues that Marvel’s new series about a thinking robot highlights how tech firms borrow science fiction to make AI seem more powerful than it is.
Source: The Verge
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Kevin Roose on why AI labs’ belief in AGI shapes the whole industry
Former New York Times reporter Kevin Roose tells The Verge’s Decoder that true believers drive the race to build AGI, and that belief shapes the labs’ business choices.
Source: The Verge
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SpaceX and Tesla weigh a merger as Musk pitches shared AI ambitions
SpaceX and Tesla have set up special committees to discuss combining, a move that could hand Elon Musk voting control of both and reshape his AI plans.
Source: The Verge
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Zuckerberg bets Meta’s future on a network of Muse AI agents
On Meta’s earnings call, Mark Zuckerberg described a future where people’s Muse agents shop, work and deal with each other, but gave few details on how it will work.
Source: The Verge
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Spotify pulls 50 million AI ‘slop’ tracks from its recommendations
Spotify says it has stopped recommending a flood of low-quality AI and spam songs and changed its algorithm to favour music by human artists.
Source: The Verge
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Data center demand is driving a US fossil fuel building boom
A new report finds the US is planning more gas and other fossil fuel power than it has in a decade, as data centers push electricity demand up and renewable growth slows.
Source: The Verge
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CoreWeave’s debt worries are spreading across the AI industry
Investors have grown nervous about AI cloud provider CoreWeave’s heavy borrowing, and the jitters have spread to other companies that took on debt for the AI buildout.
Source: The Verge