Anthropic just paid $400 million for a startup with fewer than 10 people
Anthropic just paid $400 million for a startup with fewer than 10 people

Anthropic has acquired Coefficient Bio, a stealth biotech AI startup founded barely eight months ago, in an all-stock deal worth just over $400 million. The acquisition brings a team of fewer than 10 people, nearly all former Genentech computational bi…

OpenAI is hiring ad-tech firms to make ChatGPT ads talk back to you
OpenAI is hiring ad-tech firms to make ChatGPT ads talk back to you

Six weeks was all it took. On 9 February, OpenAI switched on advertisements inside ChatGPT for free-tier users in the United States. By late March, the company disclosed that the pilot had crossed $100 million in annualised revenue, drawn more than 600…

Judge throws out Musk’s advertising boycott lawsuit against X’s former sponsors
Judge throws out Musk’s advertising boycott lawsuit against X’s former sponsors

A US federal judge has dismissed Elon Musk’s antitrust lawsuit against advertisers who pulled their spending from X, ruling that the company failed to state a valid legal claim and barring it from ever refiling the case. US District Judge Jane Boyle, p…

Xero partners with Anthropic to put small business finances inside Claude
Xero partners with Anthropic to put small business finances inside Claude

Xero, the New Zealand-founded accounting platform used by 4.6 million subscribers worldwide, announced on Wednesday a multi-year partnership with Anthropic that will embed Claude directly into its product and, more unusually, bring Xero’s financial dat…

Google’s new compression algorithm cut memory stocks within hours of publication
Google’s new compression algorithm cut memory stocks within hours of publication

Google published a research blog post on Tuesday about a new compression algorithm for AI models. Within hours, memory stocks were falling. Micron dropped 3 per cent, Western Digital lost 4.7 per cent, and SanDisk fell 5.7 per cent, as investors recalc…

Pepper acquires YC-backed Alima to bring AI to food distribution’s messy product catalogues
Pepper acquires YC-backed Alima to bring AI to food distribution’s messy product catalogues

Pepper, a New York-based technology platform for independent food distributors, has acquired Alima, a Y Combinator-backed startup that built ordering and procurement software for small food distributors in Latin America. The deal, announced on Tuesday …

The open-source AI red-teaming tool used by Fortune 500 companies is now part of OpenAI
The open-source AI red-teaming tool used by Fortune 500 companies is now part of OpenAI

The acquisition of Promptfoo, which counts more than 125,000 developers and 30-plus Fortune 500 companies among its users, is OpenAI’s most direct move yet into AI application security. Its technology will go into Frontier, the company’s enterprise age…

Opinion: Trusting an unverified AI agent is like handing your keys to a drunk graduate
Opinion: Trusting an unverified AI agent is like handing your keys to a drunk graduate

AI agents are now being embedded across core business functions globally. Soon, these agents could be scheduling our lives, making key decisions, and negotiating deals on our behalf. The prospect is exciting and ambitious, but it also begs the question…

Vibe coding is transforming software. Enterprise is the next frontier
Vibe coding is transforming software. Enterprise is the next frontier

Vibe coding is redefining who can build software. By enabling code generation through natural language prompts, it’s quickly gained traction among startups and indie developers. But the biggest opportunity lies ahead: the enterprise.   The rapid rise o…

Swedish startup unveils Starlink alternative — that Musk can’t switch off
Swedish startup unveils Starlink alternative — that Musk can’t switch off

A new pocket-sized Starlink alternative promises secure military communications — safe from interference by billionaire CEOs. The system, named the RU1, was unveiled today by Swedish startup TERASi. It’s billed as the world’s smallest and lightest mm-W…