Anthropic just built an AI model so good at hacking that they won't let you use it, which would be more reassuring if the same capabilities weren't already available elsewhere.
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OpenAI just raised $122 billion at an $852 billion valuation while its best people are walking out the door. OpenAI closed $122 billion in funding at an $852 billion post-money valuation, potentially eyeing an IPO later this year
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Benchmark just wrote a $50M check betting that the agent economy's bottleneck isn't technology, it's distribution.
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OpenAI just bought the microphone. OpenAI acquired TBPN, the daily AI-focused talk show that was on track for $60 million in revenue this year. No purchase price disclosed.
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Benchmark just wrote a $50M check betting that the agent economy's bottleneck isn't technology, it's distribution.
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Crypto exchanges are now selling you synthetic SpaceX stock, and the fine print matters more than the ticker symbol. Bitget launched IPO Prime, a subscription market for pre-IPO tokenized allocations, starting with preSPAX tracking SpaceX
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XRP's architecture might give it a quantum computing advantage over Bitcoin, and the gap comes down to how addresses work. XRP's design exposes a smaller share of its supply to potential quantum attacks than Bitcoin, according to blockchain security experts
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Hugging Face just made AI coding agents interoperable, and that's bigger than the tooling play it looks like. Hugging Face released Skills, a standardized format for packaging AI/ML tasks that works across OpenAI Codex, Claude Code, Google Gemini CLI, and Cursor
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An Ethereum developer who thinks most crypto politicians are grifters just threw his hat in the ring for Congress. Joe "CupOJoseph" Schiarizzi, an Ethereum developer, is running as a Democrat in Virginia's new 7th district
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SiFive just raised $400 million to challenge Nvidia and AMD in AI data centers with RISC-V chips, and the compute wars are about to get messy. SiFive raised $400 million led by Atreides Management to push RISC-V architecture into AI data centers
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Reality broke satire, and now even the satirists know it. New AMC show *The Audacity* tries to satirize Big Tech, but launches into a world where Jack Dorsey laid off 40% of Block to replace them with AI while wearing a "LOVE" hat and the stock jumped 24%
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The vibe coding gold rush has a pricing problem, and two repeat YC founders think fixed subscriptions will eat pay-per-use alive. OpenBuilder raised $2.2M seed to challenge Lovable and Replit with fixed-price vibe coding instead of credit-based billing
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Anthropic employees just walked away from a pile of money, and that tells you everything about what they think happens next. Anthropic wrapped a secondary share sale where employees sold equity to investors, but demand outstripped supply because staff chose to hold rather than cash out.
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Private equity's smartest money admits they can't price software companies anymore, and AI is why. Apollo's PE co-head says AI is making software valuation fundamentally harder, not easier
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Musk is running xAI's IPO prep like a Tesla factory reset, and the talent exodus says more than the org chart shuffle. SpaceX acquired xAI in February and is now reorganizing its engineering team ahead of a potential $2 trillion IPO filing this year
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Anthropic just shipped an AI so good at finding security holes that it can't measure whether it's safe to release. Claude Mythos identified thousands of zero-day vulnerabilities across every major operating system, browser, and critically, the cryptography libraries that DeFi runs on
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A startup just convinced investors it's worth $1 billion before launching its network, betting everything on a simple premise: the financial system's infrastructure can't handle what's coming.
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Someone just bet $60 million that AI can crack the $9.5 trillion-a-day forex maze that still runs on spreadsheets and phone calls. MillTech raised $60 million from Apax Digital Funds to build AI tools for currency hedging and cash management in the FX markets
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The AI agent race just got a new competitor in the marketing warfare business. Pomo raised $4.5 million in seed funding led by Kindred Ventures, with backing from Databricks Ventures and notable angels including former Adobe product lead Scott Belsky and ex-DeepMind product head Mehdi Ghissassi.
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Meta owns half of Scale AI, which hired tens of thousands of gig workers marketed as "experts" to do something very different: scrape Instagram profiles, transcribe porn, and label dog shit.
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