Staff at top AI companies sign letter calling for more transparency about risks

Staff at top AI companies sign letter calling for more transparency about risks

The signatories say they believe in the potential of AI for solving many of humanity’s problems and to deliver unprecedented benefits, but believe that the profit motive is providing “strong financial incentives to avoid effective oversight,” adding that the “bespoke structures of corporate governance” are not up to the task. Companies cannot be relied upon …

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VCs are selling shares of hot AI companies like Anthropic and xAI to small investors in a wild SPV market

VCs are selling shares of hot AI companies like Anthropic and xAI to small investors in a wild SPV market

VCs are clamoring to invest in hot AI companies, willing to pay exorbitant share prices for coveted spots on their cap tables. Even so, most aren’t able to get into such deals at all. Yet, small, unknown investors, including family offices and high-net-worth individuals, have found their own way to get shares of the hottest …

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Anthropic’s Claude Lets Businesses Create AI Helpers

Anthropic’s Claude Lets Businesses Create AI Helpers

Anthropic, the startup behind the artificial intelligence (AI) assistant Claude, is launching a new “tool use” feature that could change how businesses interact with their customers. The new capability enables businesses to develop custom AI helpers, transforming how they manage customer support inquiries and optimizing their operational processes. It’s one of a growing number of …

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Airbnb Veteran Krishna Rao Joins AI Startup Anthropic as CFO

Airbnb Veteran Krishna Rao Joins AI Startup Anthropic as CFO

Artificial intelligence (AI) startup Anthropic has appointed Airbnb veteran Krishna Rao as its chief financial officer (CFO). In his new role, Rao will help shape Anthropic’s financial strategy and operations as the company grows and expands internationally, the company said in a Tuesday (May 21) press release. “As we continue to grow our footprint and expand our impact, Krishna’s deep expertise …

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Anthropic Launches AI Assistant Claude in Europe

Anthropic’s Claude Lets Businesses Create AI Helpers

Artificial intelligence (AI) startup Anthropic has launched its AI assistant Claude in Europe. The web-based version Claude.ai, the Claude iOS app, and the subscription-based Claude Team plan that allows businesses to access the Claude 3 model family, are now available across Europe, the company said in a press release. These offerings join the Claude API, which was launched in Europe earlier this year and allows developers to integrate …

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Deep Learning Lets AI Tackle Complex Tasks

Deep Learning Lets AI Tackle Complex Tasks

Scientists and engineers are teaching machines to think like humans, using a cutting-edge approach to artificial intelligence (AI) called deep learning. Deep learning is inspired by the intricate networks of neurons in the human brain. By creating artificial neural networks with multiple layers, researchers can train computers to automatically discover patterns in vast amounts of …

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Anthropic Says Partnerships Give It Greater Independence

Anthropic Says Partnerships Give It Greater Independence

Artificial intelligence (AI) startup Anthropic has defended its decisions to partner with Amazon and Google, saying that collaborating with two companies gives it greater independence than it would have if it teamed up with only one. “That independence and that choice is one thing that I think differentiates Anthropic from some of these other deals,” Anthropic Co-Founder and CEO …

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Amazon adds AI expert Andrew Ng, Google Brain founder and Baidu alumnus, to its board

Amazon adds AI expert Andrew Ng, Google Brain founder and Baidu alumnus, to its board

Amazon.com is adding artificial intelligence visionary Andrew Ng to its board of directors, a move that comes amid intense AI competition among start-ups and big technology companies. The Seattle company said Thursday that Ng, a managing director at the Palo Alto, California-based AI Fund, will replace a seat vacated by Judy McGrath, a former CEO …

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FTX’s Stake in Anthropic Draws Sovereign Wealth Fund Investors

FTX’s Stake in Anthropic Draws Sovereign Wealth Fund Investors

Investors are reportedly lining up to purchase FTX’s stake in artificial intelligence (AI) company Anthropic. But as CNBC reported Friday (March 22), sources say that while the company has received interest from sovereign wealth funds, it ruled out taking money from Saudi Arabia due to national security concerns. The shares in Anthropic are being sold as part of FTX’s …

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