China has launched a three-year plan to make the algorithms that power internet platforms more fair, transparent and in-line with Communist Party ideology, the Wall Street Journal reported. While many governments are struggling with how to exert more control over the power of giant tech firms, China’s moves appear to be going the furthest in that direction. In the U.S., Facebook is facing...
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Anthropic Makes OpenAI Look Cheap
How much should a well-regarded artificial intelligence startup be worth on paper?That’s the question facing scores of sovereign wealth funds, mutual fund firms and other private equity investors looking at two marquee AI opportunities: OpenAI and Anthropic. OpenAI is in the middle of its second employee share sale in the last six months, and if it succeeds, the new share price could imply an...
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