China's growth accelerates as AI export boom outweighs domestic weakness
China's economic growth picked up as exports linked to AI helped make up for weak spending at home. Trade tensions and doubts about AI still weigh on the outlook.
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Anthropic says it’s committing 5% of its shares to a ‘public benefit fund’
Anthropic says it will set aside 5% of its shares for what it calls a public benefit fund. The commitment ties a slice of the AI company's equity to a vehicle presented as serving the public interest.
2 sources
Business & funding
Disney agrees to hire the majority of Character.AI's workforce
Following Character.AI's bankruptcy filing this week, many of the chatbot startup's employees will be offered jobs at Disney. Former Character.AI CEO Karandeep Anand recently became Disney's first CTO, and Disney had agreed to buy some of the startup's assets for $20 million.
Microsoft reportedly quits Nscale's UK data centre weeks before its IPO
According to the Telegraph, Microsoft has withdrawn as anchor tenant of Nscale's first British data centre in Loughton, Essex, as the AI cloud startup prepares to go public. The site has suffered a series of delays, and the paper gave no reason for Microsoft's exit.
Anthropic says its workforce has become less junior and is spending more time in meetings
Anthropic says the makeup of its workforce and the kind of work its staff do have shifted significantly over the past year. Employees are more senior on average and spend more of their time in meetings.
2 sources
Business & funding
Google's AI news pilot grows to 400 publications as CNN and the FT join
Google said more than 400 publications worldwide now take part in its News AI pilot, which pays publishers to license content for experimental AI features in Google News. New partners include Axios, CNN, the Financial Times and Forbes.