Author: IQ TIMES MEDIA

Anthropic is bringing its most powerful AI model to the general public for the first time, but it’s doing it with guardrails.  On Tuesday, the AI firm launched Claude Fable 5, the first publicly available version of its Mythos model. Anthropic says Fable 5 excels at software engineering, knowledge work, and vision, but it comes with hard safety limits. In high-risk areas like cybersecurity, biology, chemistry, and distillation, the model blocks responses and falls back to Claude Opus 4.8. Launched as a preview in April, Mythos was initially limited to a handful of partners due to cybersecurity concerns. Last week,…

AI layoffs are everywhere. Palantir cofounder Joe Lonsdale suspects many of them aren’t because of AI at all.The layoff memos look quite similar, from Block to Atlassian to Coinbase. They cite productivity gains from AI technology and the need for smaller teams with fewer layers.Lonsdale isn’t convinced.”Everyone who over-hired or lowered the bar too much in the 2021-2023 wave, or isn’t growing as fast as budgeted, now pretends they’re laying people off ‘due to AI productivity,'” Lonsdale wrote on X.The post quickly gained traction online, and venture capitalist Marc Andreessen co-signed the message. Khosla Ventures partner Jon Chu also cosigned…

With SpaceX about to break records with an IPO on Friday, Anthropic about to break records with its pending IPO, and OpenAI racing to match or best its archrivals with its own potentially record-breaking IPO, the tech industry will soon have a new set of public company overlords. Should all these IPOs take place as planned, these companies will be replacing the vicious-sounding FAANG cabal — Facebook (now Meta), Amazon, Apple, Netflix, Google (now Alphabet) — with the delightfully sweet-sounding (though truly sour and atrocious if consumed unripe) coterie MANGOS: Meta, Anthropic, Nvidia, Google, OpenAI, SpaceX. As these companies go,…

Salesforce laid off more employees in a new round of cuts, according people familiar with the matter and a regulatory notice in California.The cuts affected employees working on the company’s Agentforce AI product, its Mulesoft IT integration tool, and its Marketing Cloud software, one of the people said. The second person confirmed job cuts, without specific details. The people asked not to be identified discussing sensitive matters.A regulatory filing in California, known as a WARN notice, listed 86 Salesforce job cuts in roles such as sales, general administration, and technology and product.Salesforce has been hit this year by concern AI…

The excitement ahead of SpaceX’s colossal IPO this week is palpable, with investors gearing up for a historic debut.But with hype reaching a fever pitch, some may be wondering: “What if the IPO goes badly?”For anyone looking for a rough analog of a much-hyped tech debut gone awry, we can reach back to 2012, when Facebook went public in May of that year.The company went public at $38 a share. The stock plunged by 50% in the months after the IPO, with investors balking at an eye-watering valuation pegged to an untested business strategy. Sound familiar?With SpaceX set to start…

With Harvey and Legora burning through eight-figure funding rounds, legal tools have proven to be one of the fastest-growing and most hotly contested verticals among AI startups. But while those tools focus on private practice, some startups believe there’s still plenty of the legal market that isn’t being served. Sandstone, which announced $30 million in Series A funding on Tuesday, is focused on an overlooked slice of the legal space, focusing on the tangle of overlapping tasks and systems facing in-house legal teams. The Series A was led by Lightspeed Venture Partners, with participation from existing investors at Sequoia, Mantis…

Europe’s fast-growing vibe coding startup, Lovable, tells TechCrunch it has surpassed $500 million in annualized revenue run rate. Lovable last discussed its revenue in February, when the company said it crossed $400 million. In August, 2024, Lovable said it could hit $1 billion in annualized revenue within 12 months. It may not be on track to double that figure by summer, but it is still reporting jaw-dropping growth; the company, founded in late 2023, hasn’t yet hit its three-year anniversary. The company also claims it has been used to build over 50 million projects and says usage has accelerated to…

When it comes to Apple’s AI plans for Siri, it’s better late than never.The tech giant gave an update Monday at its annual developers’ conference about the AI-powered capabilities coming to its built-in assistant, writes BI’s Brent D. Griffiths.You might be thinking to yourself, “Didn’t Siri already get an AI makeover?” And you’d be sort of right. Apple initially teased these plans back in 2024, but it ran into development issues and delayed the release, a rare move for Apple.In January, Apple teamed up with Google, meaning its Gemini model is powering the upgrades to Siri and the broader Apple…

Here’s one metric for tracking SpaceX’s IPO later this week: The company has changed the venture industry’s perspective on long-term, capital-intensive space so much that a talented founder with no space experience can fund a space data center company. Orbital, a new firm that emerged in May from a16z’s startup accelerator program Speedrun with a $5 million seed round, is the latest company promising to do inference in space — just as soon as Starship is flying regularly. Other investors include Basis Set, Human Element, Wayfinder, Antler, Anti Fund, Ascent, Rubik, Zero Knowledge Ventures, LYVC, Feld Ventures, New Legacy, FNDR,…

SpaceX is going all in on AI data centers in space — and the company kicked off its IPO week with a sneak peek.In an interview with a SpaceX employee uploaded onto X on Monday, Elon Musk revealed the most detailed look yet at the AI satellite the company is planning to launch into space in droves.According to the specs shared by SpaceX, the AI data center will be 20 meters tall and have a wingspan of 70 meters, making it the largest satellite the rocket firm has launched to date. A rendering of SpaceX’s orbital data center.  SpaceX Musk…