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In an S-1 filing today preceding what could be the largest IPO ever, Anthropic laid out extensive new details about its earnings, growth, key stakeholders and the risks it faces going forward. Clocking in at 335 pages, the document wasn’t exactly light reading.
Read the full story on Crunchbase News.
Anthropic’s S-1 filing is hundreds of pages long—and it leaves out quite a few financial details. “Anthropic owes investors more information,” one analyst tells WIRED.
Johnny Rodgers, one of Slack’s original eight team members, has written a first-hand account of Slack’s first two years inside Salesforce. It quotes Stewart Butterfield, Slack’s co-founder and former chief executive, throughout. Rodgers spent 11 years at Slack and left in the spring of 2023.
Skydance, the company formed by Paramount’s $110bn takeover of Warner Bros. Discovery, is offering some employees voluntary buyouts as it looks to cut costs. Co-chief executives David Ellison and Ynon Kreiz announced the programme in a memo to staff on Monday, The Hollywood Reporter reported.
Bending Spoons now owns Miro, the online whiteboard used by more than 250,000 organisations. The Milan group closed the all-cash Miro deal on Monday, it said in a statement on Business Wire. Bending Spoons agreed to buy Miro in September at an enterprise value of $1.355bn.
Fusion startups face a new challenge, one unrelated to plasma physics: Give the government shares in exchange for funding awards or go it alone?
SoftBank founder Masayoshi Son has picked Malaysia for $50bn of investment in AI, new technology and data centres. Prime minister Anwar Ibrahim made the announcement on Saturday. Anwar said Son told him about the plan during a video call on Tuesday.
False claims about customers, revenue and AI capabilities can expose founders to personal securities-fraud liability, with D&O insurance offering limited protection against established misconduct.
California companies have scooped up more than three-fourths of all U.S. startup funding this year. That, per Crunchbase data, is an apparent record share. And keep in mind: This year still has a couple months left.
It was another interesting week for AI-related startup funding, with a number of large rounds and quirky companies. The largest financings went to Tenstorrent, a developer of AI processors and systems, and AI lab Flapping Airplanes.
AI agents create new trade secret risks by allowing employees to access expertise or inadvertently expose proprietary information through personal devices.
The Guardian Technology
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