Anthropic eases tensions with White House ahead of trillion-dollar IPO plans

On this week’s episode, host and the founder of AI advisory firm Intelligence Briefing Andreas Welsch brought together Maya Mikhailov, cofounder and CEO of Savvi AI, and Doug Shannon, generative AI and intelligent automation leader, to cover a handful of interconnected topics that practitioners are navigating right now: OpenAI’s push into personal finance, the role […]

Aitana Lopez, AI avatar by creative agency The Clueless. | Image: The Clueless This is The Stepback, a weekly newsletter breaking down one essential story from the tech world. For more on AI confusion, follow Robert Hart. The Stepback arrives in our subscribers' inboxes at 8AM ET. Opt in for The Stepback here. How it started At first, AI influencers were relatively easy to identify - and to ignore. Aside from the occasional bursts of hype, they didn't seem to change much about the way social media worked. The earliest virtual influencers - Lil Miquela with her blunt fringe and freckles, Imma with her bubblegum pink bob, and Shudu Gram with her flawless complexion - were obviously digital productions. Collaborations … Read the full story at The Verge.

Expenditure is growing fast and consumer take-up accelerating. But alarm bells are sounding The race is very much on. Elon Musk’s SpaceX, which makes AI models as well as space rockets, announced last week it is seeking a $1.77tn (£1.31tn) valuation on the US stock market while Anthropic, the startup behind the Claude chatbot, said it had filed for an initial public offering. OpenAI, the developer of ChatGPT, is expected to follow. This latest peak in the AI market comes amid a multitrillion-dollar spending spree on related infrastructure such as datacentres. Meanwhile, companies are attempting to deploy the technology in a way that makes investing in it worthwhile. Here’s a look at what stage the AI boom is at and six key charts that tell us how we got here. Continue reading...

Anthropic's Claude Opus 4.7 could revolutionize chemistry by simplifying NMR analysis, reducing reliance on specialized software and data. The post Anthropic’s Claude Opus 4.7 matches dedicated NMR software in chemistry tasks appeared first on Crypto Briefing.

AI's cost-saving potential could reshape mid-budget filmmaking economics, but scaling challenges and workforce impacts pose significant risks. The post Lionsgate vice chair Michael Burns says AI will save studio tens of millions annually appeared first on Crypto Briefing.

A roundup of headline AI developments from this past week is warranted, as fast-moving decisions from the White House to Anthropic demand immediate attention. Plus, a look at what may be the AI metric that matters most.

Backlash against AI is taking an extremist turn, following in the footsteps of earlier techno-pessimist militants Sign up for the Breaking News US newsletter email When a 20-year-old man from Texas was arrested earlier this year for allegedly trying to burn down OpenAI’s headquarters and Sam Altman’s house, authorities found an anti-AI manifesto alongside his lighter and a jug of kerosene. It was one of a spate of attacks that has caused alarm among researchers, the tech industry and law enforcement about the rise of anti-tech extremism. In April, an Italian “nature pilled” Instagram influencer was arrested in Rome and charged with plotting a series of anti-tech attacks that took inspiration from Ted “The Unabomber” Kaczynski. Two self-described “ecofascists” that carried out a deadly anti-Muslim attack on a mosque in San Diego last month also cited “AI slop” and JD Vance’s ties to Palantir as motivations for their violence in their manifesto. An Indianapolis city councilor woke up

Retailer’s embrace of artificial intelligence comes amid anxiety that the technology will create mass redundancies