Madison Mills
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AI's most powerful CEOs are splitting into warring camps over whether their own technology will gut white-collar work or supercharge it β but the truth probably lies somewhere in the middle. Why it matters: The two leading AI labs are trading in hype and doom, making it nearly im
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Corporate leaders are starting to question whether soaring AI spending is delivering meaningful returns. Why it matters: Companies that rushed to embrace AI are now confronting ballooning IT costs, uncertain productivity gains and growing employee skepticism. Driving the news: M
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Anthropic raised $65 billion in a Series H funding round, valuing the AI lab at $965 billion post-money, in one of the largest private funding rounds in tech history. Why it matters: With the round, Anthropic leapfrogs OpenAI, which was most recently valued at $730 billion. Driv
π axios.comSource
From Axios: Anthropic bites back in the compute wars with Amazon partnership