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Market News

China Unveils $4.5 Trillion Tech Plan Targeting 9,800 Exaflops of AI Compute by 2030

China's Ministry of Industry and Information Technology has published its 15th Five-Year Plan, targeting 9,800 exaflops of intelligent computing capacity by 2030 — nearly 4.5 times current levels — backe

Startups

Cohere and Aleph Alpha Finalize Merger at ~$20B Valuation, Schwarz Group Injects $600M

Cohere and Aleph Alpha have signed a definitive merger agreement valuing the combined company at roughly $20 billion, with Germany's Schwarz Group committing $600 million and planning an €11-13 billion d

AI Infrastructure

Anthropic Signs A$32 Billion Australian Data Center Deal With Zerra DC

Anthropic has signed its first Australian data center lease, taking access to up to 2.1 gigawatts at Zerra DC's Western Downs Digital Park near Dalby, Queensland, a $31.9 billion facility designed to run

AI Ethics

Elon Musk Says Dario Amodei Is Right About AI Risk

Elon Musk publicly backed Anthropic CEO Dario Amodei's weekend essay calling for the AI industry to slow down, posting "Dario is right" on X and pointing back to his own 2023 warning that AGI carries gre

Market News

AI safety warnings trigger tech stock selloff — Nasdaq down ~0.8%, chip stocks hit hard

Anthropic CEO Dario Amodei's weekend call to slow frontier AI development, quickly echoed by OpenAI's Sam Altman and Elon Musk, triggered a Monday selloff that hit semiconductor stocks hardest, with the

AI Ethics

Why Anthropic Co-Founder Jack Clark Wants Mandatory AI Kill Switches

Anthropic co-founder Jack Clark told the BBC that a third-party-verifiable AI "kill switch" may need to become a legal requirement for companies, as the debate over AI existential risk intensifies follow

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