As Anthropic expands into India, a local software company filed a lawsuit saying it was already using the name “Anthropic” and highlighted how the rapid global push from AI firms could clash with local incumbents. The filing comes as Anthropic deepens its focus on India, announcing an India office last October and recently appointing former … Read more
Electric car startup Lucid Motors sought to raise a Series D funding round in 2017. It courted Ford as a potential investor, but Jia Yueting, founder of rival startup Faraday Future, quietly amassed around a 30% stake and essentially blocked new investors. David Stern, a mysterious businessman and close adviser to the former Prince Andrew, … Read more
Last month, I wrote about Mercor’s new benchmark that measures the capabilities of AI agents in professional tasks such as law and business analytics. At the time, the results were pretty dismal, with every major lab scoring under 25%, so we concluded that lawyers were safe from AI displacement, at least for now. But AI … Read more
Modern biotechnology has the tools to edit genes and design drugs, yet thousands of rare diseases remain untreated. According to executives at Insilico Medicine and GenEditBio, the missing ingredient took years to find enough smart people to keep working. AI is said to be becoming a force multiplier, enabling scientists to solve problems that industry … Read more
The Trump administration announced this week that the US government will work to build an $11.7 billion stockpile of critical minerals. That’s the headline; the subtext is more interesting. The stockpiling initiative, dubbed Project Vault, is the administration’s latest attempt to secure supplies of critical minerals for American manufacturers, and what President Donald Trump says … Read more