Cloud computing company Lambda is raising as much as $4 billion in a funding round that will value the company at $14.5 billion, excluding the money raised, the Wall Street Journal reported Tuesday (Oct. 6), citing unnamed sources. Lambda is raising this funding in a final round before a...
Anthropic expanded its Claude Startups program to more founders, the company said via its Claude account in a Tuesday (Oct. 6) post on social platform X. The Claude Startups program is expanding to more founders. Members can get a year of Claude Team, API credits,...
Artificial intelligence (AI) has become a mainstream consumer technology. But paying for it remains a much narrower habit. The consumers who do spend heavily on AI, however, are opening their wallets at levels that look less like entertainment subscriptions and more like business software budgets....
JPMorgan CEO Jamie Dimon says cybersecurity risks soared when Anthropic released its Mythos AI model. Threats related to artificial intelligence (AI) “went up 10-fold after Mythos,” Dimon said in an interview Tuesday (Oct. 6) with Bloomberg TV. “AI created vulnerabilities that we didn’t know about, and we always worried about cyber before...
Meta’s Muse AI assistant could reportedly generate revenues of more than $27 billion by 2030. That’s according to a Tuesday (Oct. 6) report by Reuters, citing an analysis by Citi which argues Muse is increasingly serving as the “front door to the internet.” The artificial intelligence (AI) assistant is...
The President Donald Trump administration’s new artificial intelligence task force is coming under pressure to demonstrate that it can address powerful AI systems without relying solely on the industry to police itself. President Donald Trump announced the Super Intelligence Force Sunday (Oct. 4), putting Director of...
Uber is paying $2.3 billion to acquire catering and workplace meal platform ezCater, according to a Tuesday (Oct. 6) news release. The all-cash deal is designed to combine ezCater’s catering and B2B expertise, Uber Eats’ global reach among consumers and restaurants, and Uber for Business’s...
Insurance companies are reportedly anticipating multimillion-dollar claims related to so-called “rogue” artificial intelligence (AI) agents. That’s according to a report Tuesday (Oct. 6) by the Financial Times (FT), which says the situation has insurers and their attorneys worried that CEOs such as Sam Altman of...
The biggest financial risk from an artificial intelligence agent won’t come from it making numbers up. It will likely come from an agent that does exactly what it has permission to do. As enterprises connect AI agents to email, procurement software, ERP systems, bank accounts...