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News
Basis offers AI agents, love letters and an ode to accounting
1+ mon, 3+ week ago (556+ words) Basis, an AI agent platform for accountants that recently reached a $1.15 billion valuation, has debuted a website that provides a tribute to the accounting profession. "To our knowledge, we're the most deployed AI platform in accounting firms," said Harpe. "The…...
Can anyone join Musk in the trillionaire club? Zuckerberg has best shot, according to prediction markets
2+ mon, 3+ week ago (288+ words) Elon Musk became the world's first trillionaire thanks to his stake in SpaceX after the company's public debut on June 12. Prediction market traders think that Mark Zuckerberg has the best chance of being next, but it's still a long shot....
SpaceX, OpenAI valuations would mean they leapfrog Berkshire Hathaway on first day of trading
3+ mon, 3+ week ago (399+ words) A slew of tech mega-IPOs are ahead and they're set to push Warren Buffett aside on their first day of trading. SpaceX on Wednesday officially filed to go public on the Nasdaq. On the same day, reports circulated that OpenAI…...
OpenAI takes the lead in AI IPO horse race: 'Getting to public markets first is very important"
3+ mon, 3+ week ago (460+ words) Reports that OpenAI is set to confidentially file for an IPO as soon as Friday changed prediction market traders’ outlook on which private AI giant will debut on the public markets first. Traders on Kalshi now see OpenAI as the…...
Anthropic's Mythos set off a cybersecurity 'hysteria.' Experts say the threat was already here
4+ mon, 5+ day ago (1184+ words) Global banks, tech giants and governments were sent scrambling last month to contain the risks posed by Mythos, the Anthropic model said to be so powerful that it has found thousands of previously unknown vulnerabilities in the world's software infrastructure....
Alibaba-backed Moonshot releases its second AI update in four months as China’s AI race heats up
10+ mon, 1+ week ago (235+ words) Chinese startup Moonshot on Thursday released its latest generative artificial intelligence model which claims to beat OpenAI's ChatGPT in "agentic" capabilities — or understanding what a user wants without explicit step-by-step instructions. The model, called "Kimi K2 Thinking," builds on the K2 model…...
Jamie Dimon says Anthropic's Mythos reveals 'a lot more vulnerabilities' for cyberattacks
4+ mon, 4+ week ago (441+ words) JPMorgan Chase CEO Jamie Dimon said Tuesday that while artificial intelligence tools could eventually help companies defend themselves from cyberattacks, they are first making them more vulnerable. Dimon said that JPMorgan was testing Anthropic's latest model — the Mythos preview announced…...
Enrico Palmerino explains Botkeeper's fall
6+ mon, 1+ week ago (830+ words) Enrico Palmerino, CEO of accounting automation and outsourced services provider Botkeeper — which abruptly shut down at the beginning of February before its tech assets were acquired by Xendoo a few weeks later — said that what brought the company down was…...