Alphabet’s stake in Anthropic could yield $210B if IPO hits $3T valuation

US authorities are getting decidedly twitchy about frontier AI models. Just a couple of weeks after ordering Anthropic to prevent foreign companies from getting hold of its latest release, Mythos/Fable 5, it’s been putting the squeeze on another AI company.. Now, the Trump administration is asking OpenAI to hold back on the general release of GPT-5.6, according to a report from Bloomberg. OpenAI CEO Sam Altman reportedly told employees that the government is asking that the model be released only to a short list of trusted partners, initially 20, before being more widely disseminated. Altman reportedly told staffers that the administration was getting nervous about the capabilities of the latest AI tools. It didn’t go as far as forbidding access to foreign users but it’s clear that the White House is looking to act as the power of the new models becomes more apparent. The administration’s actions will undoubtedly cause some anxiety among AI companies, particularly in light of OpenAI’s

US authorities are getting decidedly twitchy about frontier AI models. Just a couple of weeks after ordering Anthropic to prevent foreign companies from getting hold of its latest release, Mythos/Fable 5, it’s been putting the squeeze on another AI company.. Now, the Trump administration is asking OpenAI to hold back on the general release of GPT-5.6, according to a report from Bloomberg. OpenAI CEO Sam Altman reportedly told employees that the government is asking that the model be released only to a short list of trusted partners, initially 20, before being more widely disseminated. Altman reportedly told staffers that the administration was getting nervous about the capabilities of the latest AI tools. It didn’t go as far as forbidding access to foreign users but it’s clear that the White House is looking to act as the power of the new models becomes more apparent. The administration’s actions will undoubtedly cause some anxiety among AI companies, particularly in light of OpenAI’s

BitGo cuts nearly 15% of its workforce as the crypto custodian shifts focus to AI, stablecoins, trading, and settlement. Crypto custodian BitGo is reducing its workforce by nearly 15% as it narrows its business focus. The company said the decision follows changes in the digital asset market and financial services sector. BitGo said it will […] The post Crypto Custodian BitGo Cuts Jobs as It Bets on AI and Stablecoins appeared first on Live Bitcoin News.

Anthropic’s Claude is gaining significant ground with paying consumers, according to credit card transaction data from Indagari, which analyses anonymised spending patterns across approximately 28 million US consumers. The data, covering weekly transactions from 2025 through May 2026, shows Claude’s paying consumer base and associated revenue growing roughly 75% since January 2026, with gains continuing […]

SpaceX's stock volatility post-IPO highlights the challenges of market valuation and investor sentiment, impacting future trading dynamics. The post SpaceX faces mechanical buying pressure as stock loses momentum after IPO appeared first on Crypto Briefing.

AI reliability startup Pramaana Labs has raised $27 million in seed funding led by Khosla Ventures, with participation from Accel, BoldCap, Nexus Venture Partners, Premji Invest, and Unbound. The company is applying formal verification techniques to large language models, targeting industries where AI errors carry serious legal, financial, or medical consequences. Co-founder and CEO Ranjan […]

AI's ability to autonomously reimplement complex software suggests a transformative shift in software development, with economic implications. The post MirrorCode evaluates AI’s long-horizon coding capabilities with 22 open-source tasks appeared first on Crypto Briefing.

Crypto custodian BitGo is cutting approximately 15% of its workforce, CEO Mike Belshe announced Thursday, as the company refocuses on stablecoins, settlement, and AI infrastructure following a difficult post-IPO stretch.