Anthropic’s $60 billion valuation would obscure a stark reality in AI

The stock market is at the same valuation as when Greenspan made his ‘irrational exuberance’ comment

Stocks by one valuation measure are at the exact same place they were when former Fed Chair Alan Greenspan made his infamous “irrational exuberance” comment.

MarketWatch - 36m

Biden administration planning new AI chip export limits that would hit Nvidia, report says

The White House is finalizing additional restrictions on the export of artificial intelligence microchips that would hit companies including Nvidia and Advanced Micro Devices, according to a report.

MarketWatch - 53m

Would Trump really go to war with Europe for Greenland?

Also in this newsletter: French and German business spar over green rules

Financial Times - 4h

NFL: Would move Vikings-Rams to AZ if necessary

As wildfires continue to devastate several areas across Los Angeles, the NFL is preparing for Monday night's wild-card playoff game between the Vikings and Rams to take place as scheduled at SoFi ...

ESPN - 5h

Anthropic in Talks for $2 Billion Funding Round

The financing efforts follow new funding rounds by Elon Musk’s xAI and the market leader, OpenAI, which is now valued at $157 billion.

The New York Times - 11h

Infinite Reality raises $3B to increase its immersive tech portfolio

Infinite Reality has raised $3 billion from a private investor, which it plans to put towards expanding its network and product offerings.

VentureBeat - 12h

Shutterstock and Getty Merge to Meet AI Challenge in $3.7 Billion Deal

The two big players in the licensed visual content will pair up to counter threats from artificial intelligence tools like Midjourney.

Inc. - 14h

AI Startup Anthropic Plans to Raise $2 Billion at a $60 Billion Valuation

The new funding round, led by Lightspeed Venture Partners, sees the company at more than triple its 2024 valuation of $18 million.

Inc. - 14h

A ‘Deeply Uncomfortable’ Reality: Notre Dame Football Is Likable Now

The closest you’ll get to America’s college football team at the moment is the Fighting Irish, a columnist for The Athletic writes.

The New York Times - 16h

A Far-Right Government in Austria Would Be a Jolt, but Not Unexpected

The Freedom Party and its leader, Herbert Kickl, have steadily built support by demonizing immigrants, while entering Austria’s political mainstream.

The New York Times - 23h

The First US Bird Flu Death Is a Stark Warning

A Louisiana patient is the first person in the United States to die as a result of H5N1 infection. One expert likens what happens next to Russian roulette.

Wired - 1d

AI Startup Anthropic Raising Funds Valuing It at $60 Billion

The Amazon-backed OpenAI rival was valued at $18 billion last year.

The Wall Street Journal - 1d

Peter Yarrow of '60s folk trio Peter, Paul and Mary dies at 86

The singer and songwriter who helped popularize folk music in the 1960s died of bladder cancer at his home in New York.

Los Angeles Times - 1d

Microsoft Plans to Invest $3 Billion on AI, Cloud Infrastructure in India

The company plans to grow the company’s Azure cloud business in India and set up new data centers.

The Wall Street Journal - 2d

Quantum-computing stocks sink as Nvidia CEO delivers a reality check

Shares of Rigetti Computing, Quantum Computing, IonQ and D-Wave fell sharply after Nvidia’s Jensen Huang said that “very simple quantum computers” could be 20 years away.

MarketWatch - 11h

Consider flipping your 60/40 portfolio to 40/60 as bonds become more attractive than stocks

It’s no longer the glory days for the classic 60/40 investment strategy.

MarketWatch - 13h

Why would Trump want Greenland and the Panama Canal?

Donald Trump says the U.S. needs control of Greenland and the Panama Canal "for national security." Here's why both places are so important.

CBS News - 15h

Ange: Even Salah would struggle at Tottenham

Ange Postecoglou has said that even Liverpool forward Mohamed Salah would struggle in his Tottenham side.

ESPN - 18h

A Legacy From Carter That Democrats Would Prefer to Escape

For decades, Republicans have reveled in invoking Jimmy Carter’s name to deride Democrats as weak — mockery that has influenced the way Democrats present themselves to voters.

The New York Times - 19h

Ozempic maker Novo Nordisk, after trial disappointment, expands AI deal in potential $4.6 billion pact

At least four analysts weighed in on the prospects for Europe’s second-largest company, Novo Nordisk, after the Danish drugmaker reported disappointing results for its next-generation weight-loss ...

MarketWatch - 21h

Anthropic’s $60 billion valuation would obscure a stark reality in AI

Anthropic may be joining rival OpenAI with its own eye-popping valuation, but the hefty valuations for the two biggest AI startups obscure the fact that, for now, these companies are burning ...

MarketWatch - 1d

Even Salah would struggle at Spurs - Postecoglou

Ange Postecoglou says even in-form Liverpool forward Mohamed Salah would find life a struggle at the moment in the Tottenham team he manages.

BBC News - 1d

Anthropic in talks to raise funding at $60 billion valuation

AI startup Anthropic is in late-stage talks to raise as much as $2 billion at a $60 billion valuation, according to a person familiar with the deal.

CNBC - 1d

AI start-up Anthropic closes in on $60bn valuation

Maker of the Claude AI chatbot nears fresh $2bn investment in the latest sign of how much money is pouring into the sector

Financial Times - 1d

Fury would be 'massive favourite' against Joshua - Jones

Tyson Fury would be a "massive favourite" against Anthony Joshua, says Barry Jones - who wants to see the fight happen this year.

BBC News - 1d

Deutsche Bank says it’s now overweight Europe stocks vs. the U.S. Valuation is just one reason.

There’s never been a bigger valuation gap between European and U.S. stocks, and that’s not the only reason why Deutsche Bank now says it prefers equities on the Continent on a tactical basis.

MarketWatch - 1d

Isak transfer fee would be off the charts - Shearer

Alan Shearer and Shay Given discuss the importance of striker Alexander Isak as well as Newcastle United's recent form.

BBC News - 2d

With N.Y.C. Congestion Pricing, Drivers Face a New Weekday Reality

The first Monday commute under New York City’s new tolling plan went smoothly, but officials are still assessing how the program is affecting traffic patterns.

The New York Times - 2d

Microsoft Says AI Will Lead To Job Losses, Invests $80 Billion In The Tech

Microsoft has doubled down on its plan to invest $80 billion into artificial technologies in 2025, while at the same time admitting that advancements to the technology will lead to job losses. This ...

GameSpot - 2d

A new start after 60: I was diagnosed with ADHD – and stopped hating myself

After decades of self-doubt and depression, I’ve finally found my place in the world. Jean Ward always wondered if there was something wrong with her, and hated herself for it. The feeling started ...

The Guardian - 3d

Global Mining's Dangerous New Reality: Guns, Hostages, Arrests

Mineral and metal mines in the developing world are caught up in tensions over profits, and host countries are increasingly using force to get a bigger share.

The Wall Street Journal - 4d

First major storm of 2025 set to impact about 60 million Americans

About 60 million people were under weather alerts across the country on Saturday as a winter storm threatens to slam areas from the Plains to the mid-Atlantic with heavy snow and ice. NBC News' ...

NBC News - 4d

Is Europe dream a reality for Bournemouth?

Bournemouth are on a club-record unbeaten run in the Premier League and are just three points off the top four, so could the dream of European football become a reality?

BBC News - 4d

Microsoft expects to spend $80 billion on AI-enabled data centers in fiscal 2025

Over half of Microsoft's $80 billion in spending will take place in the U.S., Microsoft Vice Chair and President Brad Smith wrote in a Friday blog post.

CNBC - 4d

New year’s resolutions: the dream vs the reality: the Becky Barnicoat cartoon

The Guardian - 5d

Rose on Bulls jersey retirement: 'Would love that'

Derrick Rose said he'd like to see his No. 1 Chicago Bulls jersey hanging from the rafters at the United Center someday.

ESPN - 5d

Microsoft expects to spend $80 billion on AI-enabled data centers over next 12 months

Microsoft plans to spend $80 billion in fiscal 2025 on the construction of data centers that can handle artificial intelligence workloads, the company said in a Friday blog post.

NBC News - 5d

What the End of a U.N. Agency Would Mean for Palestinians

Israeli legislation will effectively halt work by Unrwa, the U.N. organization that provides food, education and medical treatment in the Palestinian territories.

The Wall Street Journal - 6d

Tossing Speaker Johnson would be a huge mistake

A drawn-out battle over the Speaker’s gavel would be the worst way to begin the 2025 legislative session.

The Hill - Jan. 1

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