The Next Web (1 hour ago)
Meta has asked Citigroup and Morgan Stanley to hold investor calls for a bond sale in US dollars and euros, Bloomberg reports. It comes days after S&P cut Meta’s credit outlook and a week after a $35B share sale.
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Your kids don’t need unlimited AI time, if any.
On the heels of Anthropic’s similar move, the change will be tested among select users before being rolled out.
In an announcement on Monday, OpenAI says it will pilot its “Grid Protectors Program” at an upcoming data center in Effingham County, Georgia, where the company promises to free up to 1,000 megawatts of power during extreme weather or emergencies, enough to power air conditioners in around 700,000…
Germany and Europe must move faster to build their own AI technology or risk becoming dependent on outside providers, German Chancellor Friedrich Merz said on Monday, according to Reuters.
The New York Times and a group of other publications have filed lawsuits against the company that makes the Brave web browser over alleged unlawful scraping to train AI and also letting users bypass their paywalls, as reported by Reuters.
Readwise Books combines an ebook store, reading tracker, detailed reading stats, and AI features in a bid to challenge Amazon’s ecosystem.
Meta is sounding out investors for a bond sale worth at least $20bn, Bloomberg reported on Monday, citing a person familiar with the matter. It would be the company’s first bond sale in euros. The plan under discussion splits the deal into US dollar bonds in five parts and euro notes in six parts.
New York startup Clark raised an $11M seed round led by Touring Capital and launched Clerks, AI agents that work through audits for CPA firms. More than 35 firms use its tools, it says, and it offers a 100% accuracy guarantee.
The New York Times sued Brave Software on Monday, accusing the browser maker of scraping its journalism and selling access to it to AI companies. Hours later, the publishers of the New York Daily News, the Chicago Tribune and the Orlando Sentinel filed a separate lawsuit making similar allegations.
Anthropic generated nearly $17bn in revenue in the third quarter, around 12 times more than in the same period last year, according to an amended IPO prospectus filed with the SEC on Monday. Bloomberg reported the figures.
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