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Anthropic closes in on .5 billion funding round as investor interest soars
Finance

Anthropic closes in on $3.5 billion funding round as investor interest soars

AI Effect Anthropic closes in on $3.5 billion funding round as investor interest soars Published Mon, Feb 24 20254:24 PM EST Kate Rooney@Kr00ney WATCH LIVE Source

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Anthropic says it’s released its ‘most intelligent’ AI model yet as competition ramps up
World

Anthropic says it’s released its ‘most intelligent’ AI model yet as competition ramps up

Jaque Silva | Nurphoto | Getty Images As heavily funded startups and tech giants hustle to get any lead they can in artificial intelligence, Anthropic says it’s developed the company’s “most intelligent” AI model yet. The Amazon-backed startup on Monday unveiled Claude 3.7 Sonnet. What makes it unique is its so-called hybrid model, which combines […]

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PayPal brings many of its brands under a single umbrella, but Venmo remains a stand-alone
Technology

PayPal brings many of its brands under a single umbrella, but Venmo remains a stand-alone

A PayPal sign is seen at its headquarters in San Jose, California, on Jan. 30, 2024. Justin Sullivan | Getty Images News | Getty Images For Frank Keller, it’s a pivotal moment at PayPal. After two years, two CEOs and endless brand strategy meetings, the company is, in his view, ready to redefine the world […]

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Top tech companies turn to hydrogen and nuclear energy for AI data centers
Technology

Top tech companies turn to hydrogen and nuclear energy for AI data centers

Yuval Bachar knows data centers. He’s worked on them for Meta, Microsoft and Cisco, but now, his startup is looking to help Silicon Valley run data centers with lower carbon dioxide emissions. ECL, Bachar’s startup, builds hydrogen-powered data centers.  Hydrogen is a novel energy source for data centers that is more eco-friendly, and more importantly […]

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Substack boosts video capabilities amid potential TikTok ban
Technology

Substack boosts video capabilities amid potential TikTok ban

Rafael Henrique | SOPA Images | AP After posting almost 200 videos, amassing hundreds of thousands of followers and racking up millions of views, Carla Lalli Music is quitting YouTube. Substack is her new focus.  Music is a cookbook author and food content creator, and she is shifting her focus to Substack, a subscription platform […]

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StockStory: A volatile tech stock worth owning for the long-term because of its dominance of a niche area
World

StockStory: A volatile tech stock worth owning for the long-term because of its dominance of a niche area

This is one of the stock profiles of StockStory , a fintech investing company seeking to identify long-term ideas that beat the market using an AI-driven approach. Previously StockStory covered Cloudflare (NET) and Howmet Aerospace (HWM) . As the world digitizes, buying advertising inventory is moving from power lunches to programmatic platforms that leverage data […]

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Nvidia and PCE will have to deliver next week for a stock market in search of direction
World

Nvidia and PCE will have to deliver next week for a stock market in search of direction

A stock market in search of direction could very well get one next week. Investors are about to react to two potentially major market-moving events in the week ahead. Nvidia is set to come out with its first earnings report since China’s DeepSeek in January rattled the outlook for artificial intelligence companies. And last month’s […]

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Elon Musk has a problem with X’s Community Notes when he disapproves of the results
Technology

Elon Musk has a problem with X’s Community Notes when he disapproves of the results

Elon Musk, CEO of Tesla and SpaceX and owner of social media platform X, speaks at the Conservative Political Action Conference at the Gaylord National Resort Hotel and Convention Center in Oxon Hill, Maryland, Feb. 20, 2025. Andrew Harnik | Getty Images For X owner Elon Musk, the solution to monitoring misinformation online has been […]

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Google to be hit with EU charges of breaching Big Tech rules: Reuters
World

Google to be hit with EU charges of breaching Big Tech rules: Reuters

Future Publishing | Future Publishing | Getty Images Alphabet unit Google is set to be charged with breaching EU rules aimed at checking the power of Big Tech after proposed changes to its search results failed to address the EU antitrust regulator’s concerns and those of its rivals, three people with direct knowledge of the matter […]

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How DeepSeek used distillation to train its artificial intelligence model, and what it means for companies such as OpenAI
Technology

How DeepSeek used distillation to train its artificial intelligence model, and what it means for companies such as OpenAI

Chinese artificial intelligence lab DeepSeek roiled markets in January, setting off a massive tech and semiconductor selloff after unveiling AI models that it said were cheaper and more efficient than American ones.  But the underlying fears and breakthroughs that sparked the selling go much deeper than one AI startup. Silicon Valley is now reckoning with […]

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