Sources: shares of ByteDance are trading at a $250B+ valuation in the secondary market; CB Insights said ByteDance's valuation was $140B in last fundraising — - Startup's valuation was $140 billion in last fundraising — Shares of ByteDance Ltd., the Chinese parent of hit video app TikTok …
Hugging Face co-founder Thomas Wolf: current AI development paradigms won't yield outside-the-box problem-solving that leads to true scientific breakthroughs (Kyle Wiggers/TechCrunch)
Kyle Wiggers / TechCrunch:
Hugging Face co-founder Thomas Wolf: current AI development Source: Anthropic's annualized revenue grew from $1B at the end of 2024 to $1.4B in early March; Manus uses tools including Claude 3.7 Sonnet to power its agent (The Information)
The Information:
Source: Anthropic's annualized revenue grew from $1B at the end of 202OpenAI calls DeepSeek "state-controlled" and recommends that the US consider banning "PRC-produced" models that "violate user privacy and create security risks" (Kyle Wiggers/TechCrunch)
Kyle Wiggers / TechCrunch:
OpenAI calls DeepSeek “state-controlled” and recommends thatAdobe: traffic from AI sources to US retail sites in February rose 1,200% from July 2024; 39% of US consumers used generative AI for shopping, 53% plan to do so (Mike Pastore/Search Engine Land)
Mike Pastore / Search Engine Land:
Adobe: traffic from AI sources to US retail sites inSource: Liam Fedus, VP of research in charge of post-training at OpenAI, is leaving the company to found a startup focused on using AI to discover new materials (The Information) The Information:
Source: Liam Fedus, VP of research in charge of post-training at OpenAICrusoe, a startup helping build the first data center for Stargate, says it secured a deal with a gas turbine owner to generate 4.5 gigawatts of energy by 2027 (Anissa Gardizy/The Information)
Anissa Gardizy / The Information:
Crusoe, a startup helping build the first data center
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