Artificial intelligence company Anthropic on Monday said it's raised $3.5 billion, led by Lightspeed Venture Partners, at a $61.5 billion valuation. Why it matters: The numbers are staggering ...

Elon Musk's xAI will use the fresh capital to fuel its AI development efforts, including its large-scale data centre projects ...

Elon Musk's artificial intelligence company, xAI, has raised USD 10 billion in a mix of debt and equity funding, according to Morgan Stanley. The investment bank, which led the financing, announced ...

When former Bain Capital Ventures partner Sarah Smith raised a $16 million fund to back early-stage startups earlier this ...

The overarching narrative of the past two years has been that AI models are getting cheaper for customers.Just take a look at this chart, showing how the cost of purchasing access to a GPT-4 level AI ...

Anthropic is unveiling a financial sector-specific Claude version that will tackle data connectors and added rate limits for analysts.

Cognition CEO Scott Wu and interim Windsurf CEO Jeff Wang said they would start by integrating the AI-powered engineer Devin ...

Anthropic PBC is launching an initiative designed to support research into the economic impact of artificial intelligence and ways to address it.

A federal judge in San Francisco ruled late on Monday that Anthropic's use of books without permission to train its artificial intelligence system was legal under U.S. copyright law.

Anthropic didn't violate U.S. copyright law when the AI company used millions of legally purchased books to train its chatbot, judge rules.

Spokespeople for Anthropic and attorneys for the authors did not immediately respond to requests for comment on the ruling on Tuesday.

In a test case for the artificial intelligence industry, a federal judge has ruled that AI company Anthropic didn’t break the law by training its chatbot Claude on millions of copyrighted books.