Citadel rebuts Citrini's viral article, arguing that AI deployment is constrained by the marginal cost of compute vs. human labor, and needs far more compute
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Sources: the DOD asked Boeing and Lockheed Martin to assess their reliance on Claude, a first step toward blacklisting Anthropic; Lockheed confirms DOD contact
The Pentagon asked two major defense contractors on Wednesday to provide an assessment of their reliance on Anthropic's AI model …
Sources paint a bleak picture for startup founders in China; IT Juzi report: only 1,202 startups were founded in the country in 2023 compared to 51,302 in 2018
Venture capital finance has dried up amid political and economic pressures, prompting a dramatic fall in new company formation X: @carnage4life , @tonytassell , @michaelxpettis , @...
Adobe and Figma end their $20B merger, announced in September 2022, over “no clear path” to EU and UK antitrust approval; Adobe owes Figma a $1B termination fee
Adobe (ADBE.O) on Monday shelved its $20 billion cash-and-stock deal for cloud-based designer platform Figma …
Los Angeles-based Metropolis, which sells AI parking services, raised $650M in debt and $1.05B in Series C financing to acquire parking facility company SP Plus
Visa's Plaid acquisition will pay off if Visa can leverage Plaid's fintech network and make it worthwhile for banks to build out the APIs Plaid needs
Before the network, there is the job. — In the case of Visa, or, to be more exact, the Bank Americard that would eventually be spun …
As China exports its domestic standards, the US should treat China's leveraging of market access into self-censorship by US companies as trade violations
Ben Thompson / Stratechery :
Blizzard is facing an intense backlash after banning a player over Hong Kong pro-democracy comments, with some fans boycotting its games
Players are boycotting games like World of Warcraft, Overwatch, and Hearthstone after a user was punished for supporting pro-democracy protests in Hong Kong during a tournament.