U.S. Federal Trade Commission chief Lina Khan is now setting her sights on Amazon’s cloud unit, Amazon Web Services, as part of an antitrust investigation that began under the Trump administration, reported Bloomberg. The probe is the latest sign of how Khan, a vocal Amazon critic, is setting her sights on multiple different parts of the online retail giant’s business operations. It also...
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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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