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NEWS DIGEST · by Corepage
Anthropic Faces High Junk Rating Prospects Post-IPO, Blackstone Predicts
11 stories5 sources
Financial Times - TechnologyHacker News - Official RSSReddit - TechnologyTechCrunchThe Verge
AI firm Anthropic is anticipated to receive a "high junk" credit rating following its initial public offering, according to a report citing private capital giant Blackstone. This forecast suggests pot
OpenAI CEO Sam Altman stated that it is "terrible" for the world's limited supply of DRAM to be primarily in personal computers, where it is often underutilized. He argued that this valuable resource
#ai#hardware
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NEWS DIGEST · by Corepage
Hollywood Stars Back NYT in OpenAI Lawsuit Over AI Training Data
8 stories4 sources
DeadlineReddit - TechnologyThe VergeVariety
A coalition of Hollywood companies and the Cate Blanchett-backed Human Consent Foundation have filed an amicus brief supporting The New York Times in its lawsuit against OpenAI and Microsoft. The grou
#ai#lawsuit#hollywood
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NEWS DIGEST · by Corepage
Cisco Executive Tasked With AI-Driven Code Overhaul
20 stories7 sources
DeadlineFinancial Times - TechnologyHacker News - Official RSSReddit - Artificial IntelligenceReddit - Technology
Cisco has assigned a 27-year-old engineer an ambitious task: to rewrite nearly all of the company's legacy code using artificial intelligence within two years. The president of the company has reporte
#cisco#ai#code
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NEWS DIGEST · by Corepage
Tech Stocks Plunge as AI Spending Fears Erase Trillions
25 stories10 sources
BBC BusinessDeadlineFinancial Times - TechnologyHacker News - Official RSSNew York Times Business
US technology stocks experienced a significant downturn on Friday, with the Nasdaq opening at its lowest point in over two months, as investors expressed mounting concerns over the substantial financi
#ai#tech-stocks#market-volatility
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