Anthropic has filed its S-1 prospectus with the Securities and Exchange Commission, preparing the company behind Claude to beat OpenAI to the punch with an IPO.
Three months after Elon Musk promised a full-length, AI-made film of Homer's 'Odyssey' by year-end, Grok has published a seven-minute first episode. Critics found some shots realistic but the whole lacking in artistry.
Security startup Straiker says CyberCartel, a criminal group active since 2012, built a multi-agent AI system called CARLIY0S to automate attacks on Latin American banks and payment providers, stealing passwords and account data.
South Korea's SK hynix said on Oct. 23 it had stopped reviewing a US listing for its data center SSD maker Solidigm, in a week when neocloud shares slumped and credit risk on AI infrastructure names hit records.
Elon Musk said on Oct. 25 that SpaceX had closed $40 billion in debt financing for AI graphics processors, and warned that debt markets have almost entirely shut off credit to companies that depend on AI data centers for revenue.
Authentic Brands Group and other owners of Elvis Presley's music filed suit on Oct. 23, alleging Anthropic used the lyrics of 274 songs without permission to train its Claude models and that Claude still produces infringing versions.
This is The Stepback, a weekly newsletter breaking down one essential story from the tech world. For more about AI's impact on the web, follow Emma Roth.
Major US banks are blocking unvetted third-party AI agents from operating inside customer accounts and making transactions, Reuters reported, after Axios found agents logging in with customers' shared credentials and, in some cases, acting without clear authorization.
Beijing-based Moonshot AI has released Kimi K3.1 Pro, a 3-trillion-parameter-class model whose weights it plans to publish by November 4, saying it removed cyber-related training data to keep the open release below the frontier of offensive cyber capability.
Britain's government has set out around £600 million ($800 million) of funding largely aimed at defending against health and security threats from AI, led by a new AI Biosecurity Lab backed by up to £200 million in model credits from OpenAI and Anthropic.
