Author: GT

Dario Amodei, Anthropic CEO, speaking on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 21st, 2025.Gerry Miller | CNBCAnthropic on Tuesday announced Claude tools for financial services as part of the artificial intelligence startup’s latest attempt to court enterprise customers.The so-called Financial Analysis Solution can help financial professionals make investment decisions, analyze markets and conduct research, Anthropic said. It includes the company’s Claude 4 models, Claude Code and Claude for Enterprise with expanded usage limits, implementation support and other features.”Claude provides the complete platform for financial AI—from immediate deployment to custom development,” Anthropic said in a…

Top members of Meta’s new Superintelligence Lab discussed pivoting away from the company’s powerful open source AI model, Behemoth, and instead developing a closed model, reports The New York Times.  Sources told The Times that Meta had completed training on Behemoth, but delayed its release due to underwhelming internal performance. When the new Superintelligence Lab launched, testing on the model reportedly halted.  The discussions are just that — discussions. Meta CEO Mark Zuckerberg would still need to sign off on any changes, and a company spokesperson told TechCrunch that Meta’s position on open source AI is “unchanged.” “We plan to…

Former Founders Fund GP Brian Singerman and co-founder and managing partner of Quiet Capital, Lee Linden, are seeking over $500 million for a new fund called GPx, three people familiar with their strategy told TechCrunch. A portion of GPx’s fund will likely come from Founders Fund co-founder Peter Thiel, these people said. GPx uses a two-pronged strategy. The firm will invest approximately 20% of the capital into funds managed by emerging VCs who are targeting pre-seed and seed-stage startups; the remaining capital will go toward partnering with emerging managers on leading later-stage investments (most likely at Series B) of their…

NEW YORK (AP) — Nextdoor, the social media site that aims to create connections among neighbors, is trying to shake off an uneven past and a nagging sense it is being underutilized. How? It is turning to professional journalists for help.The company announced a partnership Tuesday with more than 3,500 local news providers who will regularly contribute material to the app. As part of a redesign, it is also expanding its ability to alert users about bad weather, power outages and other dangers, along with using AI to improve recommendations for restaurants, services and local points of interest.“There should be…

Nvidia announced Monday that it’s filing applications to restart sales of its H20 artificial intelligence chips to China, capping a spasmodic few months that saw the Trump administration impose restrictions, then quickly reverse course after a high-profile dinner meeting. The company expects to receive U.S. government licenses soon and begin deliveries shortly after, according to a blog post. Nvidia is also introducing a new “RTX Pro” chip designed specifically for the Chinese market, calling it “fully compliant” with regulations and ideal for digital manufacturing applications like smart factories and logistics. The H20 chip sits at the center of a broader…

Meta and CEO Mark Zuckerberg are in a hurry to build their superintelligence tech. The company has been poaching AI researchers, while Zuckerberg announced on Monday that Meta is building a 5-gigawatt data center called Hyperion. The urgency is palpable. As SemiAnalysis reported last week and Business Insider noted, Meta is so eager to boost its computing power that it’s literally erecting tents for temporary data center capacity while its facilities are still under construction. These are all signs that Meta wants to build up its AI capacity faster after falling behind competitors like OpenAI, xAI, and Google — and…

BANGKOK (AP) — Nvidia’s CEO Jensen Huang says the technology giant has won approval from the Trump administration to sell its advanced H20 computer chips used to develop artificial intelligence to China. The news came in a company blog post late Monday and Huang also spoke about the coup on China’s state-run CGTN television network in remarks shown on X. “The U.S. government has assured Nvidia that licenses will be granted, and Nvidia hopes to start deliveries soon,” the post said. “Today, I’m announcing that the U.S. government has approved for us filing licenses to start shipping H20s,” Huang told…

You voted — they made it onto the TechCrunch Disrupt 2025 agenda! After reviewing hundreds of standout Call for Content submissions and opening the vote to the TechCrunch audience, we’ve locked in the top five roundtables and top five breakout sessions. Without further ado, meet the exceptional tech voices — and the sessions they’ll lead — that will shape the conversation at Disrupt 2025, taking place October 27-29 at San Francisco’s Moscone West. Visit the agenda page for full session and speaker details. Grab your ticket now and save up to $675 before prices increase. Breakout session winners From Vibes…

WASHINGTON (AP) — President Donald Trump and Sen. David McCormick of Pennsylvania will jointly announce roughly $70 billion of energy investments in the state Tuesday as the president travels to Pittsburgh for a conference with dozens of top executives to promote his energy and technology agenda.The Pennsylvania Energy and Innovation Summit will be held at Carnegie Mellon University, and it comes as the state’s political and business leaders are working to forge the city into a hub for robotics, artificial intelligence and energy. Trump has repeatedly pledged U.S. “energy dominance” in the global market, and Pennsylvania — a swing state…

Rivian founder and CEO RJ Scaringe has transferred a portion of his ownership stake and voting power as part of a newly settled divorce proceeding, according to a regulatory filing.  Scaringe moved about 4 million shares and 6 million options to his ex-wife, Meagan Scaringe, on July 9 as part of the settlement, the filing shows. At Rivian’s current stock price, those shares and options could be worth roughly $130 million, though they have varying strike prices that would affect the total return if sold. The change in stock ownership comes at the end of a two-year-long divorce proceeding, court…