Author: Henry Kanapi

Anthropic is laying the groundwork for what could become one of the biggest stock market debuts in history. The San Francisco-based startup has hired law firm Wilson Sonsini to begin formal IPO preparations, a step that typically marks the start of a long march toward public markets for late-stage tech companies, reports The Financial Times. People familiar with the discussions say Anthropic is in talks for a new private funding round that would value the company between $300 billion and $350 billion, supported by a recent $15 billion commitment from Microsoft and Nvidia. Anthropic has also held early, informal conversations…

Google is giving phone users a new way to detect scam messages, adding an AI layer that checks suspicious texts with a simple screenshot or gesture. In a new update, Google says Circle to Search and Google Lens can now examine messages for telltale scam signals using AI and web information. The company says the feature is designed for the rising wave of fraud attempts that arrive through SMS, messaging apps and social platforms. “One trending tactic among scammers involves sending fraudulent text messages, either directly to your phone or through messaging apps and social media sites. These messages often…

Senator Bernie Sanders is issuing one of his strongest warnings yet on artificial intelligence, calling for immediate congressional action as he outlines a sweeping set of risks that need national attention. In a new video update, the Vermont senator says AI and robotics are now an emergency national blind spot, as the technologies are accelerating far faster than the political system is prepared to handle. He highlights that the public conversation about AI and robotics is dangerously behind the speed of technological progress. “Artificial intelligence and robotics will transform the world. It will bring unimaginable changes to our economy, our…

A new McKinsey analysis shows how the AI stack could become one of the largest economic engines on the planet, with three core layers already on track to generate trillions of dollars in annual revenue. In a new report, McKinsey looks at 18 “future arenas” that could power global growth, with three standing out as the backbone of the AI age: software, cloud and semiconductors. Together, those layers form the infrastructure behind every chatbot, data center, autonomous system and agentic workflow coming to market. McKinsey says each layer is expanding at its own pace, but they all share one trait:…

OpenAI chief executive Sam Altman has declared a companywide “code red” as competition intensifies and ChatGPT’s share of global generative AI traffic falls dramatically. In an internal memo, Altman tells employees the company needs to urgently improve ChatGPT’s speed, reliability and personalization while expanding the range of questions the chatbot can answer, reports the Wall Street Journal. Altman says OpenAI will pause work on several large initiatives so teams can redirect their focus to strengthening the core product. Altman says the directive is a response to the accelerating gains made by competing AI systems. Google’s latest Gemini update surpassed OpenAI…

Nvidia is giving its clearest signal yet of how much it plans to support OpenAI in the years ahead, outlining a combined allocation worth hundreds of billions of dollars once agreements are finalized. In an appearance at the UBS Global Technology and AI Conference, Nvidia CFO Colette Kress says the chipmaker has already committed a vast amount of Blackwell and Vera Rubin systems to OpenAI and the cloud providers supporting its expansion. She says the existing plans already reflect half a trillion dollars in hardware tied directly to OpenAI’s needs. “Today, and our focus, for example, on our half a…

OpenAI’s chief research officer, Mark Chen, says the public narrative about Meta pulling talent away from rival labs is missing a more complicated, and at times surprising, reality behind the scenes involving Mark Zuckerberg. In a new interview on the Core Memory Podcast, Chen says the media often portrays the hiring battle as a one-way flow from OpenAI to Meta. He says the actual dynamic is far more competitive and includes direct, personal efforts by Mark Zuckerberg himself. Chen adds that there’s a limited pool of talent in the AI space, and Meta’s aggressive recruitment efforts have targeted many leaders…

LinkedIn co-founder Reid Hoffman says the United States is entering a rare window of economic opportunity as AI pushes companies to invest in ways that benefit workers across the country. In a new post on X, Hoffman says public debate is overly fixated on job elimination and not nearly focused enough on the new, well-paid jobs emerging from the AI boom. He highlights a new Wall Street Journal report showing how AI is already boosting demand for skilled labor. The piece said the rapid expansion of data centers is creating a surge in domestic hiring and raising wages across construction…

HSBC is deepening its AI strategy with a partnership with Mistral built around one priority: keeping its data entirely in-house. The global bank has signed a multi-year deal with Europe’s Mistral AI to bring its models directly onto HSBC’s internal systems, avoiding external data pipelines and giving the bank end-to-end control over how its information is used. The agreement gives HSBC access to Mistral’s commercial models, including future versions, while allowing the bank to self-host them inside its own technology stack. HSBC’s internal engineering and AI teams will work alongside Mistral’s researchers to build tools that speed up workflows, improve…

DeepSeek says it has built two new AI models that can match or beat the most advanced systems from OpenAI and Google, marking another escalation in the global race for high-level machine intelligence. In a fresh update on X, the company introduces DeepSeek V3.2 and a more powerful version called V3.2 Speciale, positioning them as direct challengers to Chat GPT-5 and Google’s Gemini 3 family. DeepSeek shares data showing that their models are on par with GPT-5 and Gemini 3 in terms of reasoning. Reasoning is what separates a chatbot that answers questions from an AI that can think through…