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  • Anthropic Could Be Headed for an OpenAI-Style Showdown

    Anthropic Could Be Headed for an OpenAI-Style Showdown

    Anthropic is reportedly in talks to raise $US750 million from Menlo Ventures, which values the startup at $US15 billion, according to The Information. Like OpenAI, Anthropic also has a complicated board structure with misaligned values, and this recent influx of cash begs the question: is Anthropic bound to be the next AI board showdown? Menlo…


  • Elon Musk Gets a Wake-Up Call as Tesla Valuation Falls 20% on Shrinking EV Demand

    Elon Musk Gets a Wake-Up Call as Tesla Valuation Falls 20% on Shrinking EV Demand

    Not even Elon Musk’s Tesla—which was touted as a vehicle manufacturing unicorn meant to dent the climate crisis—can withstand those pesky macroeconomic trends. Tesla’s valuation has just fallen as the electric vehicle market seriously cools down. Tesla’s reduced valuation follows the company announcing earlier this month in an earnings call that it would be reducing…