Anthropic’s Funding Spree, Plus Antitrust Regulators on New Priorities 10/5/23
TechCheck
English - October 05, 2023 19:01 - 6 minutes - 5.79 MB - ★★★★★ - 51 ratingsTechnology Business Investing disruptors cnbc faang tech technology Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Apple Analyst Expects Weaker iPhone Sales Ahead 10/4/23
AI startups are continuing to raise money by the bucketful. This time, it’s the chatbot maker Anthropic, which is reportedly in talks to raise $2 billion from Google and other companies, giving it an eye-popping $20 billion to $30 billion valuation. Plus, two of Biden’s top antitrust regulators gave an update today on the administration’s efforts to hold big tech accountable, just a few weeks into the DOJ’s landmark case against Google. The DOJ’s Jonathan Kanter said he’s been surprised about how many comments in his case are coming from ordinary workers, and the FTC’s Lina Khan talked about the failure to push back against corporate consolidation.