AI stock Innodata crashes 25% on job cuts, lost contract
Innodata lost a quarter of its market cap after laying off nearly 550 workers in India over a "ramp-down" in a customer contract.
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Anthropic outranks most IPOs in history
Anthropic’s IPO filing is a mixed bag, setting nominal records among historical IPOs for losses, revenue retention, and accumulated deficit.
Anthropic IPO Live: 7 people will control voting power
Anthropic's IPO describes an entity by which 7 individuals will control the majority voting power over Anthropic.
Bank stocks crashed by $22 billion after AI access scare
Major banks lost $22.8B in combined market capitalization after reports of customers giving AI access to accounts spooked investors.
— AI, Cybersecurity
Remotely exploitable PHP bug found on 70% of world’s websites
PHP is trying to patch two remotely exploitable bugs that AI found hiding in the language behind up to 70% of the world’s websites.
Inside AMD and Anthropic’s ‘chips for shares’ deal
Anthropic wants to buy $20B of computational capacity from AMD. Conveniently, AMD commits to buy $5B of Anthropic stock.
CoreWeave halved since joining Nasdaq 100 as insiders sold $740 million
Insiders have dumped hundreds of millions of dollars of CoreWeave stock as shares have dropped more than 46% since it joined the Nasdaq 100.
Anthropic bans users from bullying Claude
Anthropic’s new usage policy bans “sustained and needless abusive or cruel behavior” toward its Claude AI, effective November 12.
Initiate ‘bunker mode’ to protect crypto from AI, says Justin Drake
Ethereum Foundation researcher Justin Drake has predicted that AI will “break” elliptic curve cryptography within “months.”
Tavus call bot sparks AI scam, psychosis fears
AI firm Tavus claims its new Griffin video call bot has passed the Turing test, sparking fears it could scam old people and cause psychosis.