The White House is unlikely to extend export restrictions on Anthropic’s advanced models to other AI companies, an official close to the U.S. government said Saturday. The mandate stemmed from what the official said was Anthropic’s refusal to fix vulnerabilities in its recent Fable 5 and Mythos 5 models. Anthropic has argued that other companies have developed models that hold similar risks,

Amazon CEO Andy Jassy was among the tech leaders who raised concerns to senior Trump administration officials this week about security risks in Anthropic’s most advanced models, according to two people familiar with the conversations. The calls between the head of Amazon—one of Anthropic’s ...

Welcome, Weekenders! In this newsletter:• The Big Read: Tech readies itself for a Reta-aissance• Politics and Policy: A Silicon Valley politician’s counter move to the big tech PACs• Biotech: Longevity startups’ holy grail pursuit faces a prosaic roadblock• Plus, Recommendations—our weekly pop ...

In many ways, these are the best of times for Silicon Valley’s buzziest crop of longevity startups and their pursuit of drugs that can reverse aging. NewLimit, a cell reprogramming company co-founded in 2022 by Coinbase CEO Brian Armstrong, announced earlier this month that it had raised another ...

In early April, a staffer for Sam Liccardo, a freshman congressman representing the heart of Silicon Valley, got a call from a reporter telling them he was about to receive an endorsement—from Leading the Future, the $125 million political action committee funded by Andreessen Horowitz, OpenAI ...

Anthropic announced in a blog post Friday night that customers could no longer access its advanced models, Fable 5 and Mythos 5, following a U.S. government order over national security concerns. The company also disabled access for foreign-national employees. The company said it had received an export control directive from the Trump administration because government officials had believed

Crypto platforms Binance, Bybit and Bitget said Friday they had to cancel plans to offer tokens backed by SpaceX stock to overseas investors during the IPO after their partner in the venture, Kraken-owned xStocks, couldn’t secure enough SpaceX stock. The episode is a setback for crypto exchanges’ push into trading traditional assets, a way to diversify away from crypto business in a bear

High up in Goldman Sachs’ downtown Manhattan headquarters Thursday afternoon, bankers from Goldman and Morgan Stanley, together with SpaceX executives, toasted the pricing of SpaceX’s IPO over glasses of Champagne. In many ways, it was a replay of hundreds of other such celebrations. But the ...

Meta Platforms plans to clamp down on skyrocketing AI costs inside the company by imposing limits on employees’ token usage, the company told staff in a memo on Tuesday, just weeks after it pushed them to adopt AI tools in their work. The company is building an internal platform to track ...

As Microsoft gets ready to overhaul its struggling Xbox gaming unit, it hasn’t ruled out spinning out or restructuring the unit as a wholly-owned subsidiary, which could make it easier to sell, or creating a joint venture with other partners, according to three people with direct knowledge of ...

SpaceX shares started trading at $150 per share around mid-day on Friday, up 11% from the company’s initial public offering price of $135. Shares of the company climbed shortly after trading began, reaching about $165 shortly after noon. The offering makes SpaceX CEO Elon Musk the world’s first trillionaire and puts SpaceX among the world’s top 10 most valuable companies with a market

For more than a decade, Dr. Molly Maloof has had a front-row seat to Silicon Valley’s ever-evolving health obsessions as a physician and founder of M3 Healthspan, a San Francisco–based concierge medical practice serving the tech elite. Lately, those conversations have focused on one substance ...

Meta Platforms bought semiconductor startup Rivos last year to accelerate development of in-house chips and reduce its reliance on Nvidia as it pours cash into data centers for its AI ambitions. Now six months since the acquisition closed, Meta is struggling to make it work, beset by problems ...

Nvidia is pitching Chinese customers on its new Vera central processing units for AI data centers, telling them the chips could be available as soon as August and that orders can begin now, Reuters reported, citing three people familiar with the matter. The push gives Nvidia another potential route into the China market after sales of its graphics processors were squeezed by U.S. export

Anthropic is increasingly launching applications that directly compete with its own enterprise customers, triggering fears in the software and AI startup sectors, The Information reported . This friction boiled over during Anthropic’s recent launch of Claude Design, when Figma dropped out of talks to participate in a marketing partnership and accused Anthropic of deceptive communication after

Sorry. We have no SpaceX news (if you define news as something you don’t already know). The rocket-and-cloud firm on Thursday priced its IPO at the $135 offering number announced last week, as it was widely expected to. Check back tomorrow, when shares start to trade. (Here’s a clue about the ...

It’s finally here! SpaceX Thursday officially priced its IPO at $135 per share, valuing the company at around $1.75 trillion, capping a frenetic six month stretch that defied many of the norms of initial public offerings. If the IPO goes well, expect to see more space public offerings ...

The U.S. military used xAI’s Grok to help plan its bombing missions against Iran earlier this year, according to a court filing from a Pentagon official. A Grok model is deployed as part of Maven Smart Systems, a government AI service, to support “vital national security missions” including targeting and intelligence, the Pentagon’s Chief Digital and Artificial Intelligence Officer Cameron

Weeks before Anthropic in April revealed Claude Design, an AI tool for creating designs and software application prototypes, it asked firms including Figma and Canva to be “partners” of the launch announcement showcasing the tool’s capabilities. These two design firms, longtime Anthropic ...

Crypto traders are pricing SpaceX perpetual contracts at $165 on exchanges such as Binance and Hyperliquid as of Thursday afternoon, about 20% higher than SpaceX’s IPO price of $135 per share. SpaceX stock is set to start trading on the Nasdaq Friday. Pre-IPO perpetual contracts is a new type of crypto product listed by crypto exchanges that allow users to speculate on the valuation of a