Tech
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Andrew Yang’s upstart cell phone business acquires Helium Mobile
Andrew Yang enjoys being a maverick. After a surprisingly strong showing in the 2020 Democratic presidential primary, where he stood out for wearing a “MATH” lapel pin during debates, Yang redirected his energy into business. In 2025, he decided to take on phone giants Verizon and AT&T with a low-cost mobile phone network, Noble Mobile.…
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Top analyst sees ‘opening of the floodgates for the IPO market’ after Anthropic’s filing as dotcom bubble comparisons fly
Artificial intelligence company Anthropic is moving toward going public on Wall Street, the latest chapter in its meteoric rise from a little-known research laboratory to one of the leading AI companies valued at $965 billion. Anthropic said Monday it has submitted a confidential filing with the U.S. Securities and Exchange Commission for a proposed initial…
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Jensen Huang says he pays Nvidia staff ‘as much as possible’ in bid to share the wealth from AI boom
Jensen Huang has done pretty well out of the AI boom: As the CEO of Nvidia, he now sits on a net worth of approximately $186 billion, and has made multiple members of his board billionaires by association. It’s a trend Huang seems keen to continue: Sharing the enormous wealth that is being generated by…
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The ‘godfather of AI’ says we’re not just creating new beings — they’ll be much smarter than us, and soon
Geoffrey Hinton almost didn’t believe he’d won the Nobel Prize. When the committee called in 2024, the 77-year-old computer scientist ran a quick calculation in his head. What are the odds, he asked himself, that a theoretical psychologist hiding in computer science gets the Nobel Prize in physics? “Well, maybe one in two million,” he…
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Anthropic confidentially files its S-1 first—but the IPO race with OpenAI is just beginning
Anthropic’s S-1 filing on Monday was confidential, but there’s much we already know about the $965 billion AI juggernaut. The nearly trillion-dollar startup (if it can be called such a thing) has gotten so big that it’s hard to hide in the markets the way a growth-spurting elephant is hard to hide in a zoo.…
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Harvard Law: Anthropic is about to sell a safety mission Wall Street can veto
Of the three companies that have ever installed investor-overriding mission guardians in a for-profit structure, one ended in spectacular failure, one already melted down once, and the third filed confidentially an IPO on Monday. A new Harvard Law paper, AI Corporate Governance and Ben & Jerry’s Risk, by professor Jesse Fried and S.J.D. candidate Idan…
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Florida sues OpenAI and CEO Sam Altman over allegations of marketing ChatGPT despite serious risks of user safety
The state of Florida filed a lawsuit against OpenAI and CEO Sam Altman on Monday, claiming the company knowingly released and aggressively marketed ChatGPT to the public while concealing serious risks. Florida Attorney General James Uthmeier said during news conference that the company suppressed internal safety warnings and deceived users about the true nature and…
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Anthropic confidentially files for IPO after raising $65 billion in a funding round at a $965 billion valuation
Anthropic PBC has confidentially submitted draft paperwork for a public listing as it races longtime rival OpenAI to make a Wall Street debut as soon as this fall. “The number of shares to be offered and the price have not yet been set,” the company said in a blog post Monday. The Claude maker recently…
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Jensen Huang says Nvidia is ‘reinventing the personal computer’ as it unveils new powerful AI chips
Nvidia on Monday unveiled new powerful chips that would bring advanced artificial intelligence functions into laptops and desktop computers, with the new personal computer models from brands including Microsoft and Dell set to roll out later this year. While Santa Clara, California-based Nvidia has already been massively successful in supplying high-end chips for data centers…
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The elderly and injured are using robots as home care support to help them get around their home
After outliving Booker T. Bones, their second service dog, Brenda and Brian Marquis still needed help with some of the more difficult parts of daily life. They found Robbie, a robot that rolls out of a hallway into their living room several times a day. “Do you want to exercise now? Please answer yes or…