Amazon Adds $2.75 Billion to its Stake in Anthropic

Amazon said on Wednesday that it had added $2.75 billion to its investment in Anthropic, a start-up that competes with companies like OpenAI and Google in the race to build cutting-edge A.I. systems. The investment comes six months after Amazon invested $1.25 billion in Anthropic, making the San Francisco start-up Amazon’s most important A.I. partner….

Read More

The U.S. Investors Caught in the Scrum Over TikTok

For years, the U.S. investors who backed ByteDance, the Chinese internet company that owns TikTok, have wrestled with the complexities of owning a piece of a geopolitically fraught social media app. Now it’s gotten even more complicated. A bill to force ByteDance to sell TikTok is winding its way through the Senate after sailing through…

Read More

X’s Lawsuit Against Anti-Hate Research Group Is Dismissed

A federal judge in California on Monday dismissed X’s lawsuit against a nonprofit organization that studies hate speech online, ruling that the social media company’s case was designed to punish researchers for speaking freely about the social media platform, formerly known as Twitter. X sued the Center for Countering Digital Hate in July in U.S….

Read More

The Government’s Struggles With Outsourcing Software Development

Relative to the 496 billion Canadian dollars the federal government spent last year, the amounts are small. But this week’s revelations surrounding millions of dollars in potentially fraudulent billings by subcontractors, along with the continuing ArriveCAN app scandal, show what a big mess developing software can be for the government. Even after an extensive investigation,…

Read More