Markets

What smart people are saying about OpenAI’s IPO filing

The next phase of the AI race is on.With OpenAI’s Monday confidential S-1 filing following in the footsteps of Antrhopic’s, the two premiere AI labs are now officially in the IPO race. SpaceX, which includes Elon Musk’s xAI, has a head start, and goes public later this week.While OpenAI left…

GM wants your EV to help power the grid

General Motors wants to use the parked EV in your garage to power the energy grid and potentially lower your utility bills.The legacy automaker is pitching EV batteries as a power source that could help utility companies manage surging electricity demand, as households see rate increases and the US sees…

Anthropic releases Claude Fable 5, a ‘Mythos-class’ AI model with safeguards

Anthropic is finally willing to give you Mythos, but it comes with some safeguard strings attached.On Tuesday, Anthropic said it was releasing a “Mythos-class” model called Claude Fable 5, but with safeguards so significant that it gave the model a different name.”Without safeguards, Fable 5’s capabilities in areas like cybersecurity…

Salesforce lays off employees in a new round of cuts

Salesforce laid off more employees in a new round of cuts, according people familiar with the matter and a regulatory notice in California.The cuts affected employees working on the company’s Agentforce AI product, its Mulesoft IT integration tool, and its Marketing Cloud software, one of the people said. The second…