A look at Jane Street's push to supercharge trading with AI and become a major AI investor; it invested $1B in CoreWeave in April and has a stake in Anthropic — The firm has surged from a handful of staffers to 3,500 with plans to recruit more than 500 employees this year.
A look at “humanizer” and “autotyper” apps that help students evade AI-detection software by slowly auto-typing essays and making AI text sound less robotic — Big tech companies and small start-ups are using social media to hype new tools that allow students to trick teachers and A.I. detectors.
A speculative scenario titled “Europe 2031” projects economic and political instability in the EU if it fails to keep pace with the US and China in the AI race — A speculative thought-experiment warns the continent could pay a heavy price for lagging behind the US
How success of AI-related companies in South Korea, Taiwan, and Japan is driving stock gains, bigger bonuses, and a retail investing frenzy in Asian markets — Global success of AI-related companies in South Korea, Taiwan and Japan stokes market fever — Na Se-bin has lost all sense of the value of money.
Docs: OpenAI burned through $3.7B in Q1, on revenue of $5.7B, and ended the quarter with $73B+ in cash and marketable securities vs. $40B at the end of December — OpenAI burned through $3.7 billion in the first quarter, more than half its $5.7 billion in revenue, according to documents the company shared with shareholders.
South Korean media: Hyundai plans to buy SoftBank's remaining 9.65% stake in Boston Dynamics for $325M to make the US robotics company a wholly owned subsidiary — Hyundai Motor Group plans to buy SoftBank Group's (9984.T) remaining 9.65% stake in Boston Dynamics for $325 million …
Trump says he saw Anthropic last week as a national security threat, but signals relations have since improved because Dario Amodei was “nice” and “smart” at G7 — President Trump reached the point last week of viewing Anthropic as a national security threat …