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Bedrock Robotics has closed a $600M Series C co-led by CapitalG and Emergence Capital. The round values the San Francisco startup at $4.1bn after the money, it said in a statement on Monday. It brings the company’s total funding to nearly $1bn. Bloomberg first reported the round.
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Anthropic has finally filed its S-1 prospectus with the SEC, a document designed to give investors a look under the hood of its business, from how much its executives are making and plans for spending its IPO billions to the risks that could derail its ambitions.
That’s over a quarter of the company’s global workforce.
Anthropic has warned would-be investors that its views on AI safety could make it a political target. The warning is in the risk factors of its S-1 registration statement. The company made it public on Monday, setting out its plans for the Anthropic IPO on Nasdaq.
SpaceX has locked in a binding commitment for roughly $40 billion in financing to pay for AI chips and related data center equipment, the company disclosed in a regulatory filing Monday. In a statement, SpaceX called it the “largest committed GPU financing” ever.
Advertisers in Pennsylvania will have to label ads that use AI to mislead consumers about what they are selling.
A growing number of iPhone Duo owners say the inner screen cracked along the crease soon after purchase, Bloomberg reported. It appears to affect a minority of units. iFixit suspects a hinge part presses on the screen. Apple has not commented, but staff say a team is investigating.
Gary Smith has been Ciena CEO since May 2001, and led the company through the telecom crash that followed the fibre boom. He says today’s AI build-out is a different kind of cycle, the optical networking company’s chief executive told Steven Rosenbush of The Wall Street Journal.
Instagram has started testing a new format for long, horizontal videos called Features. Head of Instagram Adam Mosseri and product chief Tessa Lyons announced the test on Monday.
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