Judge Approves Anthropic’s $1.5 Billion AI Copyright Settlement
A U.S. federal judge in San Francisco has granted final approval to Anthropic’s landmark $1.5 billion settlement in a class-action copyright lawsuit brought by a group of authors who accused the artificial intelligence company...
CuspAI Raises $450 Million to Accelerate AI-Driven Materials Discovery
British artificial intelligence startup CuspAI has raised $450 million in a Series B funding round led by Kleiner Perkins and NEA, reaching a valuation of $2.6 billion. The round attracted major investors including the...
Portugal Joins Global HealthAI Network Ahead of EU AI Rules
Portugal has become the first European Union member state to join HealthAI’s Global Regulatory Network (GRN), marking a significant step in strengthening international oversight of artificial intelligence in healthcare. The agreement between Portugal’s healthcare...
Csquare Raises $1.05 Billion in U.S. IPO Amid Strong AI Infrastructure Demand
Data center provider Csquare raised $1.05 billion in its U.S. initial public offering (IPO), highlighting continued investor confidence in companies poised to benefit from the artificial intelligence boom. The Dallas-based firm sold 50 million...
Flex Raises $70 Million, Hits $1.2 Billion Valuation
AI-powered fintech startup Flex has raised $70 million in a funding round led by Halo Fund, the venture firm co-founded by Utah Jazz owner Ryan Smith and Accel partner Ryan Sweeney. According to a...
Reflection Signs $1 Billion AI Compute Deal With Nebius
AI startup Reflection has signed a computing infrastructure agreement worth more than $1 billion with Nebius, securing access to Nvidia’s latest AI chips as demand for computing power continues to surge. The deal expands...
James Mathew: The Quiet Force Behind Bold Businesses
Vision. Integrity. Possibility. These three principles have shaped James Mathew’s distinguished career for more than three decades. As a respected financial leader, entrepreneur, and trusted advisor, he continues to redefine the role of modern...
Newspapers Seek Sanctions Against OpenAI in Copyright Lawsuit
A group of newspapers, led by The New York Times and the New York Daily News, has asked a federal court in Manhattan to impose sanctions on OpenAI, alleging the company misled the court...
Meta to Begin AI Chip Production in September to Boost Computing Power
Meta Platforms plans to begin manufacturing its in-house artificial intelligence chip, code-named Iris, from September as part of its strategy to expand AI computing capacity to 14 gigawatts by next year, according to an...
CISA Uses Anthropic’s Mythos AI to Strengthen U.S. Cybersecurity
The U.S. Cybersecurity and Infrastructure Security Agency (CISA) is using Anthropic’s artificial intelligence model, Mythos, to identify vulnerabilities in government software, according to sources familiar with the matter. The AI model is being deployed...