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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 - Jan. 8 -
Meta’s factchecking partners brace for layoffs
Meta has provided over $100m for certified organizations to conduct factchecks on its platforms since 2016. Mark Zuckerberg’s decision to end factchecking on Facebook and Instagram in the US ...The Guardian - Jan. 8 -
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. - Jan. 8 -
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. - Jan. 8 -
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 - Jan. 8 -
How Mark Zuckerberg pivoted Meta to the right
Meta CEO Mark Zuckerberg said Tuesday that he was ending professional fact-checking on Facebook and Instagram.NBC News - Jan. 8 -
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 - Jan. 8 -
Meta to end fact-checking on its platforms
Mark Zuckerberg announced Tuesday that Meta is ending its fact-checking program for its platforms, which include Instagram and Facebook. President-elect Donald Trump said Tuesday he believed the ...CBS News - Jan. 7 -
Meta's fact-checking flip
Welcome to The Hill's Technology newsletter {beacon} Technology Technology The Big Story Why Meta ditching fact-checking is so significant Meta is rolling out a series of changes to its content ...The Hill - Jan. 7 -
Meta's moderation rollback sparks celebration and despair
Some Republicans celebrated the move which they framed as a result of their war against social media censorship. Fact-checking groups were blindsided.NBC News - Jan. 7 -
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 - Jan. 7 -
Meta hosts AI chatbots imitating 'Hitler,' 'Jesus Christ' and Taylor Swift
In less than six months users have created and successfully published chatbots on Meta’s platforms that violate its rules.NBC News - Jan. 7 -
Wednesday Briefing: Meta Set to End Fact-Checking
Plus, 52 places to go this yearThe New York Times - Jan. 7 -
Getty Images, Shutterstock to Combine in $3.7 Billion Deal
Getty shareholders will own about 54.7% of the combined company, which will retain the Getty name. Shares of both companies surged on the news.The Wall Street Journal - Jan. 7 -
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 - Jan. 7 -
Do Facts Meta on Facebook?
Mark Zuckerberg removes fact-checking on his platforms.BBC News - Jan. 7 -
Meta looking for 'sweetheart deal' with Trump: FTC chair
Outgoing Federal Trade Commission (FTC) Chair Lina Khan suggested Tuesday that Meta and other companies facing antitrust lawsuits from the agency might be looking for “sweetheart deals” from the ...The Hill - Jan. 7 -
Meta to end fact-checking and move to community monitoring
Meta is overhauling its fact-checking programs, ending the current system and adopting a "community notes" style of content moderation, similar to what is used on X. This will apply to posts on ...CBS News - Jan. 7 -
Meta Turns to Community Notes, Mirroring X
Social media companies are abandoning years of fact-checking practices as Republicans criticize it as censorship.The New York Times - Jan. 7 -
Meta ending fact-checking program: Zuckerberg
Social media giant Meta announced a series of changes to its content moderation policies Tuesday, including the elimination of its fact-checking program, in what CEO Mark Zuckerberg said was an ...The Hill - Jan. 7 -
Meta Reveals Plan to Alter Fact-Checking Program
The move will end a third-party fact-checking system and rely on users to add notes or corrections to posts. It is likely to please the incoming Trump administration and its conservative allies.The New York Times - Jan. 7 -
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 - Jan. 7 -
UFC boss to join board of Facebook owner Meta
It comes days after former UK deputy PM Sir Nick Clegg left his top job at the social media giant.BBC News - Jan. 7 -
Phillips 66 to Buy EPIC NGL for $2.2 Billion
Phillips 66 will buy EPIC NGL for $2.2 billion to help the Houston oil refiner grow its Permian midstream business.The Wall Street Journal - Jan. 6 -
Dana White, U.F.C. Head, Joins Meta’s Board
Mr. White, a close ally of President-elect Donald J. Trump, further strengthens the social media giant’s connections with the incoming administration.The New York Times - Jan. 7 -
Meta Adds UFC's Dana White to Board
Meta said UFC President Dana White, Exor CEO John Elkann and technology investor Charlie Songhurst were elected as new members of its board of directors.The Wall Street Journal - Jan. 6 -
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 - Jan. 6 -
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 - Jan. 4 -
Meta shuts down its AI character accounts that users called 'creepy and unnecessary'
Since late 2023, around a dozen AI Instagram and Facebook accounts created by their social media parent company Meta quietly existed on the platforms.NBC News - Jan. 3 -
Meta is killing off its own AI-powered Instagram and Facebook profiles
Instagram profile of ‘proud Black queer momma’, created by Meta, said her development team included no Black people. Meta is deleting Facebook and Instagram profiles of AI characters the company ...The Guardian - Jan. 3 -
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 - Jan. 3 -
Meta Deleted Its Controversial AI Profiles. Here’s Why.
Meta still has plans to use AI to drive engagement on its platforms, though.Inc. - Jan. 3 -
How Meta’s latest research proves you can use generative AI to understand user intent
By thinking about recommendation as a generative problem, you can tackle it from new angles and use LLMs to better understand user intent.VentureBeat - Jan. 3 -
Meta Taps Republican as New Head of Global Policy
Joel Kaplan is replacing former U.K. Deputy Prime Minister Nick Clegg as Silicon Valley prepares for the second Trump administration.The Wall Street Journal - Jan. 2 -
Constellation Inks $1 Billion Nuclear Power Deal
Under the contracts, Constellation will deliver electricity to more than 13 federal agencies.Inc. - Jan. 2 -
Scopely scores a billion downloads and $10B in revenue to date
Scopely announced several key milestones achieved to date: $10 billion in lifetime revenue for its mobile games and a billion downloads.VentureBeat - Dec. 30
