If there’s one thing that AI companies are known for, it’s their fondness for seemingly incomprehensible numbers. Over the last few years, the industry has seen eye-watering salaries, unprecedented adoption figures, and never-before-recorded capital expenditure. Now come total addressable market estimates—known as TAMs—worth roughly 40% of the entire US equity market. AI lab Anthropic, reportedly
Your AI Slop Bores Me is brilliant in its simplicity. There are two tabs: human and LARP as an AI. On one side you enter a request. On the other, you submit an answer. But the important thing is that there’s a human on both sides of the equation. Prompts can request a response as
OpenAI CEO Sam Altman recently said that it may be time to “pace the rate of AI development” so that society can “harden around some of these new capability levels.” On the latest episode of TechCrunch’s Equity podcast, Kirsten Korosec, Sean O’Kane, and I discussed how Altman’s comments were probably prompted by a recent hack
Although new Prime Minister Andy Burnham is undergoing an extensive cabinet reshuffle, current Culture Minister Lisa Nandy will remain in office. Nandy, who has been a Member of Parliament since 2010 representing the Wigan constituency, was appointed Secretary of State for Culture, Media and Sport by former First Minister Keir Starmer in July 2024, shortly
Databricks announced a new funding round Thursday that values the company at $188 billion. The round was led by Coatue. Databricks did not reveal exactly how much it raised; He said the money is not yet in his hands and the round will close later this summer. (Other outlets have since reported the increase to