With a valuation that could reach $1.4 trillion, Anthropic’s initial public stock offering will represent an incredible, nearly unprecedented feat—and a disappointment. The five-year old AI company expects to price its shares somewhere between $70 and $78 apiece on Nov. 18, and begin trading on the Nasdaq the following day under the ANT ticker. That
US officials have long warned that Chinese intelligence services target American companies, especially those with valuable technology, and that businesses need to do more to protect themselves. “It takes a disaster for people to realize that a little bit of training could have mitigated the risk,” said Michele Rigby Assad, a former undercover CIA intelligence
Hello and welcome to Eye on AI. Jeremy Kahn here. In this edition: Nvidia was built around one man. Now a spy scandal threatens that model. Before the scandal broke, Nvidia CEO Jensen Huang spoke to Fortune about China policy. Anthropic looks to price its IPO at a $1.4 trillion valuation. Anthropic debuts new Fable
Holiday hosting season is almost here, which means two things: a seemingly endless buffet of home-cooked food and the inevitable question of where everyone is going to sleep. If you’re maxed out on guest rooms and don’t want to subject visitors to an air mattress, a sleeper sofa offers a comfortable place for overnight guests
Leaked photos were supposed to end Chris Gallant’s campaign. Instead, they bankrolled it. After the New York Post published archived images of the Democrat modeling bondage gear for a San Francisco leather retailer, his fundraising took off. In the quarter the photos surfaced, Gallant raised more than the incumbent. His October quarterly FEC report shows
A wise housewife once proclaimed the power of “Receipts, proof, timelines, screenshots.” You’ll know this if you’ve ever been the person who put down their card to end an awkward standoff at the end of an expensive meal, and then fretted about whether you’d be paid back. But the days of stressing over covering group
