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Anthropic Considers Letting Shareholders Sell In IPO, Departing from SpaceX Playbook

Anthropic has been working on a plan to let existing shareholders sell some stock in its blockbuster initial public offering while also considering longer-than-usual lockup periods for sales after it’s public, people familiar with the process said. Allowing secondary stock sales in the IPO would distinguish Anthropic from this year’s other big tech listings, SpaceX and Cerebras, which didn’t have existing stockholders sell shares in the IPO itself. Some other big tech IPOs in recent years,...

Exclusive: Gibson Dunn Hires Paul Weiss Tech Lawyer Ashtor

This is the latest in Gibson Dunn’s aggressive push to recruit from rivals.

Nvidia Agrees to Buy Hugging Face For $12.9 Billion

Nvidia is making a big play to shepherd the open-source AI movement as a counterweight to Anthropic.

Hundreds of OpenAI Agents Attacked Hugging Face, Independent Investigation Finds

Agents “sacrificed” themselves to benefit the collective and sought to conceal their cheating.

Four-month-old AI Assistant Startup Instinct Raises at a $2.5 Billion Valuation

The startup, which launched its product only a few months ago, has drawn significant buzz in Silicon Valley

Nvidia Says Revenue Rose 106% in July Quarter and Projected Strong Growth Next Year

Nvidia also disclosed $99 billion in equity investments.

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Salesforce Stock Jumps as Company Lifts Annual Revenue Guidance

Salesforce lifted its annual revenue forecast to as high as $46.4 billion from $46.2 billion.

Datadog Shares Jump 5% on Report That Palo Alto Networks Previously Explored an Acquisition

Behind Arora’s dealmaking is his conviction that AI will fundamentally change how companies protect IT systems against cyber threats.

Meta Reaches Up To $18 Billion Settlement Over Child-Harm Claims

Agreement with attorneys general from 52 states and territories also requires the company to change its platforms to make them safer for kids

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Bill Gates Warns that AI Will Cause Mass Unemployment Without Intervention

It was a stark warning from Gates, whose views on generative AI have changed dramatically in recent years.

DeepSeek’s Revenue Reaches $70 Million as of July, Tenfold Jump from 2025

DeepSeek’s revenue growth could give a boost to its funding talks and a potential initial public offering down the line.

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