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Goldman Sachs is putting $500M into the next phase of its 10,000 Small Businesses programme, including a new AI institute built with Anthropic, Google, Meta and OpenAI. At the launch, its chief executive said there is very little that needs the frontier models those partners build.
Read the full story on The Next Web.
Today, I’m talking to Kevin Roose, journalist and author of the new book The AGI Chronicles, which details the recent and explosive transformation of the AI industry.
The Magnificent Seven are galloping off with the profits, while the rest of the S&P 500 see no benefit, claims Apollo
The company may be valued as high as $2 trillion.
Anthropic has filed its S-1 prospectus with the Securities and Exchange Commission, preparing the company behind Claude to beat OpenAI to the punch with an IPO. In a filing with the SEC, Anthropic said it plans to list on the Nasdaq exchange under the ticker symbol “ANT.”
The company will be the first true artificial intelligence company to go public as tech firms continue to invest heavily in AI.
Cadence unveiled Maestro, domain-specialized AI models for its chip design agents, with early access for select customers in Q4 2026.
Amazon has pledged 30,000 entry-level jobs in the UK by 2030 for young people from the areas with the fewest opportunities. The roles start at £15.10 an hour, more than £31,000 a year pro rata, and need no CV or work experience, Amazon said in its announcement.
American Express is cutting about 5% of its global workforce and taking a $336M restructuring charge. Chief executive Stephen Squeri told analysts about the cuts on Friday, CNBC’s Hugh Son reported. The company had almost 77,000 employees at the end of 2025, according to CNBC.
Verizon raised its forecasts for 2026 on Monday after a strong quarter for new phone customers. It also announced a deal worth more than $2bn with Amazon Web Services (AWS) to support AI workloads.
Sam Altman says patching software flaws one by one will no longer keep up with AI-driven attacks. The OpenAI chief executive spoke to students at Stanford Graduate School of Business last week. Defenders will need a new kind of shield, he said, built with the same AI.
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