Anthropic’s next funding round is reportedly growing larger. Anthropic, which makes the AI chatbot Claude, is finalizing a $3.5 billion fundraising round that values the company at $61.5 billion, according to The Wall Street Journal. Anthropic initially set out to raise $2 billion, but investors...

Edtech company Chegg has sued Google claiming that the tech giant’s AI summaries of search results have hurt Chegg’s traffic and revenue. In the suit, filed in the U.S. District Court for the District of Columbia, Chegg accuses Google of unfair competition — specifically reciprocal...

Anthropic used Pokémon to benchmark its newest AI model. Yes, really. In a blog post published Monday, Anthropic said that it tested its latest model, Claude 3.7 Sonnet, on the Game Boy classic Pokémon Red. The company equipped the model with basic memory, screen pixel input,...

Anthropic is releasing a new frontier AI model called Claude 3.7 Sonnet, which the company designed to “think” about questions for as long as users want it to. Anthropic calls Claude 3.7 Sonnet the industry’s first “hybrid AI reasoning model,” because it’s a single model...

Elon Musk’s AI company, xAI, released Grok 3, its long-awaited flagship AI model, last week. Grok 3 powers the Grok chatbot apps for mobile and the web, as well as the Grok experience on the Musk-owned social network X. Given that there’s so much competition...

AI-powered search engine Perplexity says it’s building its own web browser. In a post on X on Monday, the company launched a signup list for the browser, which isn’t yet available. It’s unclear when it might be — or what the browser look like, even....

For decades, patents have been a bone of contention in the technology world, seen by some as a way to protect intellectual property, but by critics as a blunt weapon against innovation. In the age of AI, they are once again getting revisited. New York...

Meta has formally expanded Meta AI to the Middle East and North Africa (MENA), opening the AI-enabled chatbot to millions more people. Back in October, Meta announced it was launching Meta AI in six additional markets, including Brazil and the U.K. At the same time,...

Larry Ellison’s leap into farming with his company, Sensei Farms, serves up a classic reminder: being a genius in one arena doesn’t mean success in another. As the WSJ reports, the Oracle co-founder set out to reinvent agriculture on Hawaii’s Lāna‘i Island, which he scooped...

Google has quietly revealed the pricing of Veo 2, the video-generating AI model that it unveiled in December. According to the company’s pricing page, using Veo 2 will cost 50 cents per second of video, which adds up to $30 per minute or $1,800 per...

Debates over AI benchmarks — and how they’re reported by AI labs — are spilling out into public view. This week, an OpenAI employee accused Elon Musk’s AI company, xAI, of publishing misleading benchmark results for its latest AI model, Grok 3. One of the...

The National Institute of Standards and Technology could fire as many as 500 staffers, according to multiple reports — cuts that further threaten a fledgling AI safety organization. Axios reported this week that the US AI Safety Institute (AISI) and Chips for America, both part...

Welcome back to Week in Review. This week we’re looking at the internal chaos surrounding HP’s $116 million acquisition of AI Pin maker Humane; Mira Murati’s new AI venture coming out of stealth; Duolingo killing its iconic owl mascot with a Cybertruck; and more! Let’s...

Apple on Friday released its first developer beta for iOS 18.4, which adds a new “Priority Notifications” feature, powered by Apple Intelligence. The addition aims to help users manage their notifications by prioritizing important alerts and minimizing distractions from less important ones.  These priority notifications...

Nvidia founder and CEO Jensen Huang said the market got it wrong when it comes to DeepSeek’s technological advancements and its potential to negatively impact the chipmaker’s business. Instead, Huang called DeepSeek’s R1 open source reasoning model “incredibly exciting” while speaking with Alex Bouzari, CEO...

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