Search: “finance”

it's not 'out-of-control' at all. openai had all the control in the world (i.e. they could always literally turn off all their machines across all data centers.) they decided not to based on carefully

Slowdown or no, OpenAI and Anthropic are like someone trying to sell billions of bottles of Perrier at £1,000 each. OpenAI and Anthropic are trying to sell us Perrier water at £1,000 a bottle in a wor

OK, let me irritate everyone for a moment ... The non cynical view here is that the labs are trying to navigate impending, unsophisticated federal regulation and a 'high strung', well financed doomer

I have conducted an audit of Anthropic's finances. What I have found is so shocking that I am calling for a Congressional investigation. Anthropic is not just seeking regulatory capture. It has built

🔥: “While AI comes with danger, we should be sceptical of any narrative that conveys inevitability around its trajectory. AI systems do not build their own data centres. They do not manufacture their

Oops Anthropic IPO moved back to November. (Maybe second delay? And OpenAI IPO moved back to 2027. Making those S-1’s look good given the circumstances is hard work. *ANTHROPIC PLANS TO STAGE ITS IPO

An editor at the Times might have insisted on this rewrite: 'OpenAI, Anthropic, and Meta have each reported that they have directed AI programs to interface with the open web in ways that have led to

Small teams are taking on more with AI—from finding customers to building products and managing finances. Our new report explores how small businesses are putting AI agents to work. And through a new

La France a parmi les meilleurs mathématiciens et ingénieurs IA du monde. On le sait. On les embauche partout ailleurs. Et la première chose qu'on fait au moment où on pourrait enfin capitaliser dessu

🚨 OpenAI just launched GPT-5.5. The OpenAI team was nice enough to give me early access over the last several weeks, and I just want to flag: there is a certain class of models (one that we’re hitting

SpaceXAI's Grok 4.5 takes the #1 spot on AutomationBench-AA with a score of 51%, ahead of Claude Fable 5 (49%) and Claude Opus 4.8 (48%) at roughly a quarter of their cost per task - the first model t

La France a parmi les meilleurs mathématiciens et ingénieurs IA du monde. On le sait. On les embauche partout ailleurs. Et la première chose qu'on fait au moment où on pourrait enfin capitaliser dessu

Yesterday we hosted a wonderful happy hour 🍻 in NYC with @get_tabs. It was *packed* - we had 500+ signups, had to implement a waitlist, and the bar was full! Every attendee was an AI builder. It was a

Jerry Liu built one of the most installed pieces of AI plumbing of the last three years. Then he sat down and told me the framework era he helped create is over. The agent harness ate the abstraction

Sometimes you need to start over. But that decision is hard. @llama_index had to make that call: they built one of the most popular AI frameworks in the world, but saw the agent harness and frontier l

Creative structures are needed to get GPUs in the hands of startups + other companies that aren't Meta, OpenAI, Anthropic, SpaceXAI, Microsoft, Amazon, Google AI Debt Financing will be over $7T of deb

🦔The cost of insuring Big Tech debt against default just hit record highs. Credit default swaps are insurance policies investors buy when they think a company might not pay back what it borrowed. When

An editor at the Times might have insisted on this rewrite: 'OpenAI, Anthropic, and Meta have each reported that they have directed AI programs to interface with the open web in ways that have led to

We’re so back. Meet Mistral Large 4, aka Le Chonk. • 1T parameters, natively multimodal. 49B active. It is the best open weights model from US or Europe on aggregated benchmarks. • State-of-the-art on

Today, we are launching a preview of our new model, Mistral Large 4 (ML4), aka le Chonk 🐈. ML4 is a 1T-parameter model with 49B active parameters, trained natively with multimodal capabilities. It is

That one took some groundwork. Trained and served on our own compute, and RL shows no sign of saturation Meet Mistral Large 4, aka Le Chonk. • 1T parameters, natively multimodal. 49B active. It is the

Super excited about this and I know weights are coming (https://huggingface.co/mistralai/Mistral-Large-4.0-1T05-A52B) but just to be fair, you can't be the best open-weight model if you're not open-we

Mistral can pelican now! https://tools.simonwillison.net/markdown-svg-renderer?url=https%3A%2F%2Fgist.github.com%2Fsimonw%2F0db8b8196e57711b352f6c5857cf5b35#response-1 Meet Mistral Large 4, aka Le Cho

Mistral 4 is pretty good at lawyer bench and cyber security bench, but give it's European heritage, one can only assume it's also good at regulation bench Meet Mistral Large 4, aka Le Chonk. • 1T para

Meet Mistral Large 4, aka Le Chonk. • 1T parameters, natively multimodal. 49B active. It is the best open weights model from US or Europe on aggregated benchmarks. • State-of-the-art on critical workl

For their Mistral Large 4 release, @MistralAI ran a blind Surge human eval, with our expert software engineers evaluating five frontier models on coding quality. Le Chonk ranked #1 among open-weight m

Great movie To był ostatni film jaki widziałem, w którym młody chłopiec nauczył się czegoś od mężczyzny. W którym kobieta musiała stać się silną postacią, a swoich mocy nie uzyskała za fakt bycia kobi

Grok 4.3 Grok 4.3 is now live on the xAI API. It’s our fastest, most intelligent model to date. It tops the @ArtificialAnlys leaderboards in agentic tool calling and instruction following, and ranks #

SpaceXAI's Grok 4.5 takes the #1 spot on AutomationBench-AA with a score of 51%, ahead of Claude Fable 5 (49%) and Claude Opus 4.8 (48%) at roughly a quarter of their cost per task - the first model t

SITUATION DETECTED: Prime Intellect is releasing Prime Agent, a self-improving harness for coding and long-running autonomous tasks. The team reports 95.5% on ARC-AGI-3, above the human baseline, and

anthropic’s best hope is that OpenAI falls apart. which it might. NEW from Ramp AI Index: disappointing adoption of Fable 5 We've heard several reasons from businesses...mainly Fable 5 is just too exp

HOLY SH*T, I BUILT A F**KING COMPANY INSIDE GROK BOT i split the operation into separate roles for research, writing, outreach, ops, finance and support. each agent owns one narrow job 6 agents → 1 sh

The ultimate Grok @bot set up for me is to filter EVERYTHING - absolutely everything through one agent and hide everything else. That agent is in charge of as many agents as needed that will own speci

zai earnings transcript was a really good read, a list of interesting points (mostly verbatim from the transcript): * Chat → Coding → Agent → Cowork → Autonomous AI * What truly matters is who can con

Vivid depiction of a dark scenario for Nvidia. “Indeed, CEO Jensen Huang has been so aggressive in funding the AI ecosystem that the company is functioning almost like a bank; with annual free cash fl

🦔Nvidia announced agreements yesterday with the six biggest names in private capital, Apollo, Blackstone, BlackRock, Brookfield, Goldman Sachs, and KKR, to raise over $500 billion so its own customers

This is so much bigger than one company, and orders of magnitude more dangerous to the economy and investors than Enron. Nvidia’s AI push has echoes of Enron, says Big Short investor https://www.teleg

Guess who gets f_cked in the end? “.. Nvidia gets paid upfront, the borrowers and their lenders carry the default risk, and because private credit is ultimately funded by ordinary savers through instr

Fantastic initiative by @nvidia. “Circular financing” is thrown around as a pseudo intellectual gotcha, while everyone in the AI infrastructure business is witnessing demand curves that are so rapidly

Perplexity has low tens of millions in revenue a month, and I’m not even talking about how much they lose. Nvidia had to step in to boost their valuation and give them first aid, either through cloud

Led by @Samsung, co-led by @eqt's Scaleup Europe Fund and @PSG_equity, with continued backing from @ASMLcompany, @nvidia, @BNPParibas CIB and others. This fuels our infrastructure and product capabili

🔥: “While AI comes with danger, we should be sceptical of any narrative that conveys inevitability around its trajectory. AI systems do not build their own data centres. They do not manufacture their