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The Verge published a satirical, fictional article claiming that SpaceX and Tesla have formed a special committee to discuss a merger, even jokingly mentioning speculative details such as SpaceX planning to borrow $40 billion to purchase NVIDIA chips. The piece contains no factual basis and is presented as humorous commentary on AI and tech culture.
OpenAI is acquiring Orchestra Bio to bring AI-powered operations to life sciences R&D, helping biopharma teams accelerate drug development and advance new treatments.
This week, Character.AI filed for bankruptcy, a move that has been revealed as a key step in its deal with Disney: Disney will acquire its core team and technology through a “divestiture-style acquisition,” while declining to assume responsibility for several pending lawsuits and regulatory investigations related to the safety of minors.
Anthropic tells investors quarterly revenue up nearly 50% to $16.8bn ahead of IPO The phrase "told investors" appears four times in this FT article, which reports on Anthropic's day of hosting investors on Wednesday. Lots of details in here from "people with knowledge of the matter". Key things I learned from the article: Q1 revenue (Jan/Feb/Mar) was "about $4.8bn" Q2 (Apr/May/Jun) was $11.5bn Q3 (Jul/Aug/Sep) was $16.8bn In Q3: $1.70 in revenue for every $1 spent on "computing power" Adjusted operating margins (excluding stock-based compensation) were 11% This point about distillation is worth quoting in full (highlight mine): The start-up has also clamped down on “distillation” — a controversial practice whereby rival AI labs train their models on the outputs of more advanced ones. When
Cooley built GO Public with ChatGPT Work to bring intelligence to the IPO process, helping lawyers surface issues earlier and focus judgment where it matters most.
Our decision to wind down our contract providing OpenAI models to Cursor following its acquisition by SpaceX.
