Anthropic assigned highest junk credit rating in June
The Financial Times reports Anthropic received the highest junk credit rating in June.
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The Financial Times reports Anthropic received the highest junk credit rating in June.

404 Media reports Character.ai's bankruptcy as an early AI-boom casualty.
Nvidia is in talks to acquire Reflection AI, a US open-model startup.

TechCrunch's Equity podcast covers the White House executive order rebranding AI as 'super intelligence' and CEOs signing a safety pledge.

Filmmaker Jeff Synthesized won Google’s Future Vision XPRIZE for The Gifted, receiving $2.6 million.

AI startup Basecamp Research raised $140M from Nvidia and Anthropic to train biological AI models on massive novel genetic datasets for drug discovery.

OpenAI hires former Patreon co-founder Sam Yam to lead creator product, signaling a push into creator monetization.

OpenAI backs independent nine-mathematician advisory panel (AGMAI) at IAS to guide how AI math results are reviewed and released.

OpenAI and Grab partner to train 30,000 Southeast Asian gig workers in practical AI skills over two years.
SoftBank plans over $11 billion in junk bonds to fund its OpenAI stake and refinance short-term loans.

Apple’s CEO John Ternus hosts a major product launch and debuts the iPhone Duo, marking a transition to the AI era.
Shopify CEO warns that lazy use of AI tools creates 'slop grenades' that burden colleagues with cleanup work.

World model startups AMI Labs and World Labs are staying quiet on product plans, commercializing slowly despite heavy funding and industry buzz.
An FT report says Big Tech firms use guarantee structures to keep roughly $300 billion in AI-related financial exposure off their balance sheets.

Disney hired former Character.AI CEO Karandeep Anand as its first CTO, despite previously sending the startup a cease-and-desist over copyrighted characters.

Anthropic reports a second straight profitable quarter with $11.5B quarterly revenue and prepares a Nasdaq IPO at a possible $2T-plus valuation.

Palantir veteran Vinoo Ganesh traces the forward deployed engineer role and shares practices for building effective FDE teams.
Moonshot AI reportedly served users Anthropic's Claude instead of its own Kimi model and collected the exchanges for model training.

Anthropic CEO Dario Amodei's wife Cami Clark once pitched Jeffrey Epstein to fund her porn startup and now informally advises the AI lab.

Nvidia CEO Jensen Huang reiterated at a Goldman Sachs conference that revenue could grow 70% year-over-year next year, reaching roughly $680 billion.
OpenAI argues increasingly capable and affordable AI can expand what workers and businesses accomplish, lowering the cost of growth.


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