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FTC Investigates Big Tech's AI Investments

FTC Investigates Big Tech's AI Investments

The US FTC is conducting a thorough investigation into the partnerships and investments between tech giants like Alphabet, Amazon, Microsoft, and AI startups like OpenAI and Anthropic, focusing on their impact on market competition and innovation.

Amazon Invests $4 Billion in AI Startup Anthropic for Advanced Foundation Models

Amazon Invests $4 Billion in AI Startup Anthropic for Advanced Foundation Models

Amazon and AI startup Anthropic have entered into a $4 billion investment agreement to develop advanced foundation models. The collaboration will provide Anthropic with AWS resources and allow Amazon to build on Anthropic's AI models. Both companies are committed to AI safety and responsible scaling.

FTX Seeks to Liquidate $1.4 Billion Anthropic Stake Amid Bankruptcy Proceedings

FTX Seeks to Liquidate $1.4 Billion Anthropic Stake Amid Bankruptcy Proceedings

FTX seeks court approval to divest its $18 billion stake in Anthropic, part of its post-collapse asset liquidation strategy, to repay customers and fulfill stakeholder commitments.

Anthropic Lands $450 Million Investment to Develop Reliable AI Products and Advance AI Safety

Anthropic Lands $450 Million Investment to Develop Reliable AI Products and Advance AI Safety

Artificial Intelligence (AI) innovator Anthropic announced today a landmark $450 million Series C funding round, securing significant investment to enhance its reliable AI products.

Anthropic's Updated Terms of Service: Enhanced Copyright Protection for AI Outputs

Anthropic's Updated Terms of Service: Enhanced Copyright Protection for AI Outputs

Anthropic revises commercial terms of service to provide enhanced copyright protection for Claude API users, addressing ongoing legal challenges in the AI industry.

U.S. Prosecutors Aim to Sideline Asset Recovery Talks in Bankman-Fried Trial

U.S. Prosecutors Aim to Sideline Asset Recovery Talks in Bankman-Fried Trial

U.S. prosecutors in Samuel Bankman-Fried’s trial have urged the court to disallow any arguments concerning the recovery of misappropriated FTX customer assets invested in AI startup Anthropic. This development arises as Bankman-Fried's investment could now be of higher value, potentially affecting the recovery prospects for FTX customers amidst the ongoing bankruptcy process.

Breaking: Tech Giants Unite - OpenAI, Anthropic, Google, DeepMind, and Microsoft Launch Frontier Model Forum for Safer AI Development

Breaking: Tech Giants Unite - OpenAI, Anthropic, Google, DeepMind, and Microsoft Launch Frontier Model Forum for Safer AI Development

Breaking: OpenAI, Anthropic, Google, DeepMind, and Microsoft co-found Frontier Model Forum, aiming to ensure safe, responsible development of future hyperscale AI models.

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