Anthropic called for a slowdown in global AI development, saying that its models were increasingly capable of autonomously designing and developing their own successors. Claude now writes 80% of Anthropic’s code, the firm said, and proposes research directions and solves open-ended problems. AI safety thinkers have long warned of “recursive ...
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Immigration funding passes Senate, surveillance bill blockedImmigration funding passes Senate, surveillance bill blocked
Senate Republicans passed their $70 billion funding bill for Trump’s immigration enforcement agencies shortly before the sun rose on Friday, with Alaska Sen. Lisa Murkowski the lone Republican in opposition. The 52-47 vote sent the bill to the House for consideration and ended a long, convoluted saga in the Senate ...
Chip stocks fall after extended rallyChip stocks fall after extended rally
US chip stocks tumbled on Thursday as fresh doubts surfaced over the sustainability of the AI spending boom. The selloff, which hit firms like Broadcom and Micron Technology, comes after a historic rally for semiconductor stocks. “We’re due for a rest,” one strategist said, adding that markets are often “two ...
DeepSeek nears $7B haul in first raiseDeepSeek nears $7B haul in first raise
Chinese AI phenom DeepSeek is closing in on a $7.4 billion funding round, at around a $52 billion valuation, in one of the country’s largest startup raises. Tech giant Tencent and battery pioneer CATL are reportedly among the investors in the maiden fundraise, along with a state-backed AI investment fund. ...
Data center energy challenges mountData center energy challenges mount
Ballooning electricity demand from AI data centers in the US is pushing companies and regulators to consider unorthodox — and aggressive — solutions. Federal officials have suggested breaking up the country’s largest electric grid operator over rising power bills and its failure to keep pace with demand; one regulator said ...
Hezbollah rejects Israel ceasefireHezbollah rejects Israel ceasefire
Hezbollah rejected a ceasefire in Lebanon on Thursday shortly after it was announced, denting hopes for peace in the region. Israel pounded southern Lebanon with strikes just before the truce — which was brokered by the US following Israel-Lebanon talks a day earlier — took effect, leading to a “grimly ...
Nations race to protect undersea cablesNations race to protect undersea cables
Australia, the UK, and the US agreed new measures to protect undersea cables and pipelines from sabotage, including the deployment of autonomous submarine drones. Marine cables carry more than 95% of the world’s intercontinental telecommunications data and ever more electricity. Australia’s defense minister said these “arteries of modern civilization” are ...
Hyperscalers are strapped for cashHyperscalers are strapped for cash
Liz’s view The AI bill is coming due. For years, Alphabet did what most big companies do when flush with cash: It bought back stock. But after averaging $14 billion per quarter in buybacks over the past five years, the most profitable company in the US didn’t buy back a ...
The ‘Jensen effect’ is the new ‘Trump bump’ for stocksThe ‘Jensen effect’ is the new ‘Trump bump’ for stocks
Jensen Huang’s magic touch isn’t limited to Nvidia. Shares of AI infrastructure provider Nebius, chip design company Cadence, and hyperscaler CoreWeave all rose as much as 10% this week after Nvidia CEO Jensen Huang complimented them on stage at a company event in Taiwan, according to an analysis from market-intelligence ...
A soccer team bet against itself. This is the (good) future of prediction markets.A soccer team bet against itself. This is the (good) future of prediction markets.
The Scoop The owners of a top-tier Spanish soccer team had to move fast. Coming into the final game of the season, the club was on the brink of getting kicked down to a lower league, which would have meant millions in lost ticket and broadcast revenue. So they turned ...