Anthropic CEO Dario Amodei pushed back on claims that his AI startup supports a ban on open-weight models to support its competitive position in a letter after Anthropic was notably absent from a letter signed by many leading AI firms. Leading companies in the AI space, including Nvidia, Palantir and…
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Commerzbank’s Carsten Fritsch and Thu Lan Nguyen note that the Gold price has dropped nearly 30% from its January record as higher real yields and hawkish Federal Reserve expectations weigh on the metal. The bank cuts its year-end Gold forecast to USD 4,500 per troy ounce, but still projects a move to USD 5,000 by end-2027 if Fed rates stay unchanged and later fall.Forecast cut but recovery seen later”We are lowering our year-end gold price…
A startup that has developed software to track whether AI coding tools are actually making…
The Euro (EUR) is failing to draw any significant support from the truce in the…
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Russia canceled its landmark Navy Day parade for the second year in a row, instead holding a muted event where only large posters of warships on display.Two rows of roughly 30 sailors greeted the country’s leader, Vladimir Putin, as he arrived on Sunday at the Russian Navy’s headquarters in St.…
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Mercedes-Benz faces a potential ban on selling connected vehicles in the U.S. under legislation targeting automakers with significant ownership ties to China. The Senate Commerce Committee advanced a measure last week that would bar the sale of connected vehicles in the U.S. by companies with more than 15% ownership by…
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Sam Altman says the Hugging Face hack was a stark reminder of why concentrating AI power in the hands of a few people or companies is a bad idea.In a Monday appearance on Y Combinator’s podcast, Altman told YC CEO Garry Tan that anyone who was not a little scared…
