Truncated: latest AI news

Monday 2 November

Inside Anthropic’s Hunt for A.I. Computing Power

AI-generated summary Anthropic has launched dozens of contracts with companies including Amazon, Google, Microsoft, and SpaceX to secure more computing power for artificial intelligence. The company needs this computing power to develop new models and deliver products such as the Claude chatbot to businesses and consumers.

Also covered by Paul Kedrosky TechCrunch Decrypt
+1 moreInteresting Engineering

Import AI 479: Spacewar; low-latency tasks versus LLMs; Genie 4

AI-generated summary Researchers and organizations including NVIDIA have released Realtime-Bench, a benchmark suite designed to evaluate general-purpose AI systems on low-latency interactive tasks. The benchmark reveals that current models struggle with real-time performance, achieving low pass rates on wall clock evaluations compared to paused clock conditions.

‘A major risk to the global economy’: BofA warns about the risky AI boom the day before a midterm vote framed around data-center backlash

Voters cast ballots at a polling station in Anchorage, Alaska

AI-generated summary BofA Global Research economists warned that a sustained correction in the AI trade is available as a major risk to the global economy. Voters will decide 41 local data-center ballot measures on Tuesday while spending on data-center construction reached $84.95 billion in August.

Also covered by bloomberg.com Business Insider axios.com
+6 morethehill.com The Verge TESLARATI npr.org theguardian.com news.bloomberglaw.com

Anthropic posts $567 million Q3 operating loss as growth cools ahead of IPO

AI-generated summary Anthropic made available an amended IPO filing showing a third quarter operating loss of $567 million as revenue growth slowed. Anthropic says the operating loss resulted primarily from $5 billion in computing capacity from short-term commitments and $2 billion in noncash charges.

Also covered by CNBC theinformation.com nytimes.com
+9 moreBusiness Insider AIStockWire bloomberg.com Fortune marketwatch.com ABC News Cautious Optimism Tech Xplore apnews.com

Wall Street opens higher, rebounding after last week’s rout in AI trade By Investing.com

AI-generated summary Investing.com reports that Wall Street opened higher on Monday as U.S. stocks rebounded following last week's bruising sell-off in the artificial intelligence trade. The benchmark S&P 500 added 0.5 percent while investors looked ahead to upcoming quarterly results from Apple and the U.S. midterm elections.

Also covered by investingLive coindesk.com bloomberg.com
+3 morebbc.co.uk Fox Business International Business Times

Corporate America's AI bills are piling up. This startup raised $30 million to help.

AI-generated summary San Francisco-based startup Larridin has made available a measurement platform utilizing thirty million dollars in Series A funding to track enterprise artificial intelligence spending and employee productivity. The software integrates with internal corporate systems to analyze artificial intelligence interactions, protect employee privacy, generate high-level insights, and determine return on investment for businesses.

Also covered by SiliconANGLE