[ad_1] Anthropic is nearing a funding round led by Iconiq Capital that would value the company at $170 billion, injecting fresh capital needed to stay competitive with OpenAI, Bloomberg and CNBC reported Wednesday. The new funding round would more than double Anthropic’s current valuation of $61.5 billion. The AI company is expected to raise between […]
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[ad_1] This seems to be the bloodiest July ever for working professionals in the tech industry. The industry that was once known for rapid innovation, sky-high salaries, amenities, job security, and more is undergoing a monumental shift. July began with Microsoft announcing that it is laying off 9,000 from its workforce, a part of the […]
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[ad_1] Nearly a month after Meta invested $14.3 billion in Scale AI for a 49 per cent stake, the latter seems to have let go of a large part of its workforce. The company, which is known to be a training data provider for AI companies, has reportedly fired 14 per cent of its workforce, […]
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[ad_1] Apple executives have held internal talks about potentially bidding for artificial intelligence startup Perplexity, Bloomberg News reported on Friday, citing people with knowledge of the matter. The discussions are at an early stage and may not lead to an offer, the report said, adding that the tech behemoth’s executives have not discussed a bid […]
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