Tech Finally Reaches a Red Line
Welcome, Weekenders! In this newsletter:• The Big Read: Inside Anne Wojcicki’s plan to revive 23andMe• News Analysis: The week Anthropic went to war with OpenAI and the Pentagon• The Informati...
In Anthropic Feuds, the Personal Collides With the Political
There are fierce battles over principles, and then there are grudge matches. In recent days, Anthropic has engaged in an extraordinary mix of both.
For over a week, the AI startup and its CEO, Dario ...
SoftBank Seeks $40 Billion Loan for OpenAI Investment
SoftBank Group is working with four banks including JPMorgan Chase on a $40 billion loan to help fund its new investment in OpenAI, according to a person with knowledge of the discussions. The bridge ...
Exclusive: Morgan Stanley Hires Senior Citi Tech Banker Niall Cannon
Top technology banker Niall Cannon is leaving Citi to join Morgan Stanley as a senior investment banker focusing on software, according to people familiar with the matter. Cannon was most recently a v...
Quince in Talks to Double Valuation to More Than $10 Billion
Online retailer Quince is in talks with investors to raise a funding round that would value the company at above $10 billion after the investment, according to a person with knowledge of the plans. If...