Better Artificial Intelligence Stock: Nvidia vs. AMD

One Artificial Intelligence (AI) Stock That Could Make You a Millionaire

AI Disruption Fear, FOMS and Other Key Things to Watch this Week

Software? No Way. We’re an A.I. Company Now!

As their stocks tank, software makers are rebranding themselves as A.I. innovators. Sparkle emojis are everywhere, but some efforts have been more successful than others.

By Sarah Kessler

AI is indeed coming – but there is also evidence to allay investor fears

Opinions are divided about the potential impact of artificial intelligence as the response to a recent viral essay shows UK ad agencies undergo biggest exodus of staff as AI threatens industry The message from investors to the software, wealth management, legal services and logistics industries this month has been clear: AI is coming for your business. The release of new, ever more powerful AI tools has coincided with a stock market slide, which has swept up sectors as diverse as drug distribution, commercial property and price comparison sites. Advances in the technology are giving increasing credibility to predictions that it could render millions of white-collar jobs obsolete – or, at least, eat into the profits of established companies. Continue reading...

By Dan Milmo and Aisha Down

Anthropic raises $30bn in latest round, valuing Claude bot maker at $380bn

Maker of chatbot with coding ability says annualised revenue grew tenfold in each of past three years, to $14bn Anthropic, the US AI startup behind the Claude chatbot, has raised $30bn (£22bn) in a funding round that more than doubled its valuation to $380bn. The company’s previous funding round in September achieved a value of $183bn, with further improvements in the technology since then spurring even greater investor interest. Continue reading...

By Dan Milmo and Graeme Wearden

Anthropic Is Valued at $380 Billion in New Funding Round

The artificial intelligence start-up raised another $30 billion, and its valuation more than doubled since its last funding round in September.

By Cade Metz

OpenAI’s Biggest Challenge Is Turning Its A.I. Into a Cash Machine

The maker of ChatGPT hopes to triple its revenue in the coming year because it is planning to spend tens of billions of dollars. The clock is ticking.

By Cade Metz and Mike Isaac