Anthropic's S-1 shows a governance structure that suits a “fun quirky little mission-driven worker cooperative” seeking to raise billions as a public company — Also share classes and fake polls. — Happy Anthropic S-1 day — Here's the draft prospectus for Anthropic PBC's initial public offering.
OpenAI releases GPT-6.1 Terra, touting “fast and capable computer use at scale” and clearer, more natural writing, priced at $1/1M input and $5/1M output tokens — Delivering fast and capable computer use at scale — , a fast, efficient model that combines detailed visual reasoning …
iPhone Duo teardown: 5/10 repairability, a foldable record, but some screens crack along the fold, possibly because a hinge support bar fails to drop far enough — Apple's folding iPhone finally made it to our teardown table. Some owners' screens didn't make it through setup.
Moderators of r/opensource ban submissions of projects using, made by, or intended for AI, exclude non-English speakers over AI translation concerns, and more — The opensource subreddit's new rules against AI have sparked a revolt. … The post made Saturday evening opens by saying …
Elon Musk says SpaceX closed $40B in GPU debt, debt markets have shut off credit for AI data center firms, and 200+ neoclouds face “death and consolidation” — Pretty much. As of the past few weeks, debt markets have almost entirely shut off access to money for any company that doesn't have substantial revenue independent of AI data centers. SpaceX closed $40B of debt for GPUs, but we're investment grade and have Starlink & launch revenue. That means...
Data center tenants now demand $5M+ a day in late-delivery fees, up from $1M this spring, spawning new “delay-in-delivery” coverage from brokers like Marsh — This spring, Mike Mathews, who leads the global digital infrastructure practice at insurance broker Marsh …
LSEG agrees to acquire Octus, an NY-based provider of credit intelligence, data, and workflow software, from Permira and Octus' management for $3.54B in cash — The group said the acquisition would transform its presence in credit and private markets data — London Stock Exchange Group …