Author: franperez66q@protonmail.com

Anthropic is now the most valuable artificial intelligence company in Silicon Valley. The AI giant announced a $65 billion Series H financing at a $965 billion valuation on Thursday. The financing puts its value above rival AI lab OpenAI. CNBC reported in late April that Anthropic was in talks to raise capital.The newest round was led by Altimeter Capital, Dragoneer, Greenoaks, and Sequoia Capital, and almost triples its valuation from February, when it was worth $380 billion. OpenAI was valued at $852 billion in late March after closing a record-breaking $122 billion funding round. Anthropic’s revenue has exploded thanks to its popular…

Read More

Spencer Pratt’s campaign for Los Angeles mayor began as a celebrity long shot. Days before Tuesday’s primary, the former MTV reality star is threatening to force incumbent Mayor Karen Bass into a November runoff.Pratt, best known for “The Hills,” is polling at 22% among likely voters in a new UC Berkeley-Los Angeles Times poll, just behind Bass at 26% and City Councilmember Nithya Raman at 25%. Pratt and Raman each gained eight percentage points since March, according to the poll.Los Angeles mayoral elections are nonpartisan. If no candidate wins more than 50% in Tuesday’s primary, the top two finishers advance…

Read More

When Leopold Aschenbrenner published a sprawling manifesto last year warning about the breakneck race toward artificial superintelligence, he quickly became one of Silicon Valley’s most closely watched voices on AI. Now the former OpenAI researcher is drawing attention on Wall Street, too. Shares of Nebius Group surged Thursday after Aschenbrenner’s hedge fund, Situational Awareness, disclosed a major stake in the Dutch cloud computing provider, giving investors a fresh glimpse into how one of the AI industry’s emerging thinkers is betting on the sector’s future. Born in Germany, Aschenbrenner was for a short time a researcher at OpenAI before leaving the…

Read More

Illinois had “no choice” but to intervene Democratic Rep. Daniel Didech, who sponsored the bill in the Illinois House, told NBC News that the “legislation is designed to put up some guardrails and make sure we have some safeguards in place to protect against some of the worst catastrophic risks.” Didech made it clear in that interview, however, that he never would have sponsored the bill if the federal government hadn’t delayed implementing meaningful protections. “The states shouldn’t be doing this,” Didech said. “The best way to regulate these types of catastrophic risks would be a federal approach.” But “the…

Read More

An Eli Lilly & Co. Zepbound injection pen arranged in the Brooklyn borough of New York, US, on Thursday, March 28, 2024.Shelby Knowles | Bloomberg | Getty ImagesCVS Health on Thursday said it will restore coverage of Eli Lilly’s blockbuster weight loss injection Zepbound and start covering its new obesity pill on its standard drug plans – a win for the drugmaker and certain patients who will be able to access more treatment options.CVS will add Zepbound coverage on Oct. 1, and start covering Lilly’s newly approved Foundayo pill on June 1. The move will boost Lilly’s efforts to maintain…

Read More

Is now the time to step and buy shares of Meta Platforms ? If concerns about the monetization of artificial intelligence investments and the wait for new revenue streams were keeping you on the sidelines, then two major updates from the company may have just given you the green light. The first came during Meta’s annual shareholder meeting late Wednesday, when CEO Mark Zuckerberg was asked about the possibility of entering the public cloud space. His response? “It’s definitely on the table.” He added that “almost every week there are different companies that come to us from outside asking us…

Read More