Sources: Goldman Sachs, Citigroup, and Other Banks Are Testing Anthropic's Mythos Model Internally; JPMorgan Chase Is the only Bank Named...
Wall Street banks, including Goldman Sachs and Citigroup, are piloting Anthropic’s Mythos AI model to strengthen cyber‑risk detection, while JPMorgan Chase is the sole institution highlighted in the Treasury‑backed Project Glasswing. U.S. Treasury Secretary Scott Bessent and Fed Chair Jerome Powell convened an emergency meeting with bank CEOs, warning that advanced AI models like Mythos could expose the financial system to new vulnerabilities. At the same time, CoreWeave announced a multi‑year agreement to provide GPU cloud capacity for Anthropic’s Claude models across its U.S. data centers. The convergence of AI testing, regulatory scrutiny, and infrastructure investment underscores a rapid shift toward AI‑driven security in finance.
How Hollywood Support Staff Are Integrating AI Into Workflows, From Mundane Tasks to Creative Development, Amid Cost-Cutting and Workload Demands...
Hollywood studios are increasingly tasking support staff with AI‑driven tools that automate routine duties and assist in creative development. The shift is driven by cost‑cutting pressures and mounting workloads, prompting assistants to wonder if the technology threatens their jobs. Meanwhile,...
Salt Lake City-Based Jump, a Provider of AI Tools for Financial Advisors to Automate Meeting Prep and More, Raised an...
Jump, a Salt Lake City fintech that provides AI‑driven tools for financial advisors, announced an $80 million Series B round led by Insight Partners. The capital will accelerate development of its meeting‑preparation, research, and compliance automation platform and expand its sales force....
DG Matrix, Which Builds Solid-State Transformers to Handle up to 2.4 MW and Boost Data Center Power Efficiency, Raised a...
DG Matrix, a startup developing solid‑state transformers (SSTs) for data centers, announced a $60 million Series A round led by Engine Ventures. The company’s SSTs can handle up to 2.4 MW, promising higher efficiency and reduced footprint compared with legacy transformer technology....
Q&A with Synthesia Founder and CEO Victor Riparbelli on Growing the London-Based Enterprise AI Video Platform, Hitting a $4B Valuation,...
Synthesia, the London‑based AI video platform, has scaled to a $4 billion valuation as it expands its enterprise customer base. Founder and CEO Victor Riparbelli discussed the company’s mission to overhaul content creation using synthetic video and the strategic steps driving...
Sources: US Healthcare Manufacturer Danaher Is Nearing a Deal to Buy Medtech Company Masimo for ~$10B; Masimo Is in an...
Danaher, a US healthcare conglomerate, is close to finalizing a roughly $10 billion acquisition of Masimo, the maker of pulse‑oximetry and other medical monitoring devices. The deal, still subject to antitrust clearance, would add Masimo’s sensor technology to Danaher’s Life Sciences...
UK Software Firm Pinewood's Stock Fell ~31% on February 16 After Apax Withdrew Its £575M Takeover Offer, Citing "Prevailing Challenging...
Apax Partners pulled its £575 million takeover bid for FTSE 250 software firm Pinewood on February 16, citing challenging market conditions. The withdrawal triggered an immediate 31% drop in Pinewood’s share price, the steepest decline in weeks. Analysts view the move as a...
Alibaba Debuts Qwen 3.5, Adding "Visual Agentic Capabilities" To Independently Execute Tasks, and Says It Is 60% Cheaper to Use...
Alibaba announced the launch of Qwen 3.5, its latest generative‑AI model. The model adds visual agentic capabilities, allowing it to interpret images and autonomously carry out complex tasks. Alibaba claims Qwen 3.5 costs 60% less to run and delivers eight‑fold...
A Profile of Anthropic and Its Key Executives Like Chris Olah, and a Look at Project Vend, an Internal "Claudius"...
Anthropic, the AI safety‑focused startup behind the Claude series, is profiled in a New Yorker feature that spotlights executives such as former Google researcher Chris Olah. The piece delves into the company’s internal “Project Vend,” a Claudius‑branded experiment that tasked...
Sen. Warren Plans Bipartisan Legislation with Sen. Banks that Bans the Sale of Certain AI Chips to China After Dario...
Senators Elizabeth Warren and Sherrod Brown announced a bipartisan bill to prohibit the export of certain advanced AI chips to China. The legislation follows a meeting between OpenAI co‑founder Dario Amodei and Warren, where concerns about China’s use of AI...
Boston Dynamics CEO Robert Playter Steps Down After More than 30 Years with the Company and Plans to Retire; CFO...
Boston Dynamics CEO Robert Playter announced his retirement after more than three decades leading the robotics pioneer. Playter, who guided the development of flagship robots like Spot and Atlas, will hand the reins to CFO Amanda McMaster as interim chief...
Newo, Which Offers AI Voice and Text Agents that Act as Always-On Front Desks for SMBs, Raised a $25M Series...
Newo, a startup delivering AI‑powered voice and text agents that function as always‑on front desks for small and medium‑sized businesses, announced a $25 million Series A financing round. The new capital lifts the company's total funding to $32 million, positioning it for rapid...
Sources: Spain-Based Multiverse, Which Shrinks LLMs to Reduce Energy and Compute Costs, Is in Talks to Raise ~€500M at a...
Spain‑based Multiverse, which compresses large language models to slash energy and compute expenses, is courting investors for a €500 million round that would value the company at over €1.5 billion. The startup recently disclosed it has reached €100 million in annual recurring revenue,...
Sources: Crypto Exchange Kraken Has Fired Its CFO, Stephanie Lemmerman, Ahead of Its Long-Awaited IPO; Lemmerman Joined Kraken From Dapper...
Kraken, the New York‑based crypto exchange, has terminated CFO Stephanie Lemmerman just weeks before its long‑awaited initial public offering. Lemmerman, who came from Dapper Labs in November 2024, was responsible for steering the firm’s financial reporting and regulatory compliance. The...
