CEO of Chinese Anthropic rival tells Elon Musk that China will have a Fable 5-class AI model before next year — it ‘won’t take that long’ says Jie Tang in response to Musk’s prediction of a Q1 target

Elon Musk estimated that Chinese AI firms would have an LLM with Mythos level capability by the first quarter of 2027. However, the CEO of Beijing-based Z.ai responded to the comment, saying that their company will achieve…

Disney is joining the AI-ad arms race, just as audiences turn on ‘slop’
Disney is joining the AI-ad arms race, just as audiences turn on ‘slop’

Disney is about to start making your ads with AI. The company is preparing to launch a beta version of a tool that generates television ads using AI, a Disney executive told staff at an internal meeting, according to a recording obtained by Business In…

‘Fight fire with fire’: Databricks is buying Panther Labs to challenge Splunk and CrowdStrike with AI
‘Fight fire with fire’: Databricks is buying Panther Labs to challenge Splunk and CrowdStrike with AI

Databricks has a new pitch for the AI age of cyberattacks: fight fire with fire. The $134bn data-and-AI company said it will buy Panther Labs, a cybersecurity startup, as it pushes deeper into a market dominated by Splunk and CrowdStrike. It is Databri…

The Big Four bill by the hour. Andera just raised $37M to let AI do the audit.
The Big Four bill by the hour. Andera just raised $37M to let AI do the audit.

Audit is the part of corporate life almost no one thinks about, and almost everyone pays for. Public companies spend thousands of hours a year collecting evidence, testing controls and writing it all up. Most of it is done by hand, in Excel, much the w…

He spent 15 months hunting for compliance software that didn’t exist. So he built Flagright, which just raised $12.5M.
He spent 15 months hunting for compliance software that didn’t exist. So he built Flagright, which just raised $12.5M.

Baran Ozkan spent 15 months looking for software that did not exist. As head of financial-crime product at a European bank, he wanted a single tool to catch money laundering and fraud. Vendors overpromised. His own employer tried to build one in-house …

SK Telecom named as the Korean carrier at the center of Anthropic’s Mythos export controls controversy — access was revoked days before White House took Mythos and Fable 5 offline for all foreign nationals

Wired has identified SK Telecom as the South Korean telecom company whose access to Anthropic’s Claude Mythos model the White House ordered revoked over alleged ties to China.

General Atlantic wants to back China’s Kling AI at $18bn. Beijing is telling its AI firms to refuse US money.
General Atlantic wants to back China’s Kling AI at $18bn. Beijing is telling its AI firms to refuse US money.

A US investor wants to buy into China’s most successful AI-video company. The timing could hardly be more awkward. General Atlantic is in talks to lead the first outside funding round for Kling AI, the video arm of Chinese tech group Kuaishou, Bloomber…

A startup claims it broke through a bottleneck that’s holding back LLMs

Miami-based AI startup Subquadratic came out of stealth mode last month with a huge claim. It announced that it had solved a mathematical bottleneck that had been holding back large language models for almost a decade. The details were thin, and many people were unconvinced. But Subquadratic has started to bring the receipts, sharing the…

Rejected by 180 investors, Bland just raised $50M to prove voice AI is the future
Rejected by 180 investors, Bland just raised $50M to prove voice AI is the future

Isaiah Granet spent three weeks at Y Combinator getting turned down by 180 investors. Their reason was always the same: phone calls would not exist in a year. He has now raised more than $100mn to prove them wrong. His startup, Bland, has closed a $50m…

The AI bubble didn’t pop. It sent the bill
The AI bubble didn’t pop. It sent the bill

Until last week, about 200 organisations could use a preview of Anthropic’s most capable model, Mythos. They got in through a programme called Glasswing, after the system flagged thousands of software vulnerabilities. Then, on the evening of 12 June, t…