Anthropic co-founder says soaring AI costs are pushing the company toward an IPO

Technology secretary promises to support people whose jobs are swept away by automation Liz Kendall has insisted Labour will make artificial intelligence “work for workers”, and not abandon people whose jobs are swept away by its rapid advance. With public fears mounting about the impact of AI on employment, particularly for young people, the technology secretary claimed that the government could shape the way it is adopted. Continue reading...

SpaceX's IPO could reshape market dynamics, challenging traditional banking roles and influencing future tech IPO strategies globally. The post SpaceX sets $135 per share for historic $75B IPO amid Wall Street support appeared first on Crypto Briefing.

SpaceX's IPO could reshape investment dynamics in space tech, influencing market valuations and U.S. space-security policy integration. The post SpaceX to go public next week, potential windfall for employees: WSJ appeared first on Crypto Briefing.

We're now deep into developer conference season, and one of the themes so far is the relentless conviction from Big Tech companies that AI is going to change everything about how we do everything. Nvidia's Jensen Huang made that clearer than anyone this week, when he described a completely new way of using our laptops - and a completely new kind of laptop made to support it. It's all very interesting, but it raises the same question we have around so many AI products: Does anyone actually want this? On this episode of The Vergecast, Nilay and David run through a lot of the products coming out of Microsoft Build and Google I/O, from Gemini S … Read the full story at The Verge.

S&P blocks fast index entry for SpaceX, OpenAI, and Anthropic, delaying potential billions in passive fund demand. The post S&P keeps SpaceX, OpenAI, and Anthropic out of fast index entry appeared first on Crypto Briefing.

I got tired of copying files into an AI chat just to get feedback. So I built a pure Python MCP server that gives AI tools direct access to my local project—no frameworks, no dependencies. It runs over stdio for local use and switches to HTTP/SSE for concurrent clients with a single flag. The result: 5 clients, under 50ms, and a design that stays simple without sacrificing capability. The post My AI Couldn’t See My Files — I Built a Zero-Dependency MCP Server appeared first on Towards Data Science.

Fidelity's move democratizes access to high-profile IPOs, potentially reshaping retail investment dynamics and increasing market participation. The post Fidelity slashes SpaceX IPO minimum investment from $500K to $2,000 appeared first on Crypto Briefing.

Projection, much? Microsoft’s head of AI has accused a rival’s AI service of being too pricey, just as the introduction of usage-based pricing for GitHub Copilot begins to hit developers using its own services. “Anthropic is extremely expensive and I think many people are urgently looking for alternatives,” Mustafa Suleyman, CEO of Microsoft AI, told Bloomberg News. The spotlight is on the cost of AI services at the moment, with so many different parts of the business using the technology while at the same time many businesses are finding it hard to report any meaningful ROI. This week, Microsoft at its annual Build conference looked to fight back against this when it announced seven new AI models, emphasizing the lower cost. The company hopes that cheaper AI models will mean more enterprises find that AI projects are viable. In 2025, Gartner reported that many such endeavors would be cancelled by 2027: cheaper implementations could be the way forward. Microsoft clearly sees its own AI