IBM wants to modernize your old code on its hardware; Anthropic’s offering to make it more portable.
Source: Sherwood News.
Category: Business
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IBM sinks as Anthropic positions Claude Code as the ideal tool for code modernization
IBM wants to modernize your old code on its hardware; Anthropic’s offering to make it more portable.Source: Sherwood News.
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24,000 fake Claude accounts
Anthropic says that it disrupted “industrial scale” distillation attacks conducted by Chinese AI labs DeepSeek, Moonshot, and MiniMax, which used 24,000 fake accounts.Source: Sherwood News.
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Report: OpenAI’s Stargate has been a chaotic mess
Despite launching with great fanfare, OpenAI’s ambitious Stargate data center project has been plagued by partner disagreements and missed goals, according to a new report from The Information.Source: Sherwood News.
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Nio climbs after completing a million battery swaps in less than a week over the Lunar New Year holiday
Nio has set multiple battery swap daily records this month.Source: Sherwood News.
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PayPal jumps after report of unsolicited takeover interest
There’s reportedly appetite from “one large rival” to buy the entire company, while other potential purchasers want only certain parts.Source: Sherwood News.
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Buterin’s sales, ETF outflow streak weigh on ethereum
The ethereum cofounder sold $5.9 million worth of the asset over the past several days.Source: Sherwood News.
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Sandisk shakes off slide from secondary offering
Still making memories for shareholders.Source: Sherwood News.
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Software stocks crater as independent research piece details potential AI dystopian scenario
The lowlights in this dystopian not-too-distant future: unemployment high despite elevated nominal growth and productivity, and the stock market tumbling as credit stress from companies laid low by AI metastasizes….Source: Sherwood News.
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OpenAI’s planned cash burn was unlike anything we’d ever seen — now they’re doubling it
OpenAI is still the molten mass at the center of the AI universe, burning billions as it pulls talent, capital, and companies into its orbit.Source: Sherwood News.
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Report: Anthropic CEO Amodei meeting with Hegseth at the Pentagon as tensions mount
The Pentagon is threatening to effectively blacklist Anthropic’s AI if it does not agree to loosen its restrictions on its models’ use for certain national security and intelligence applications.Source: Sherwood News.
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Ives says AI represents huge opportunity for cybersecurity firms as losses mount
“Anthropic going after this market with an initial tool validates our thesis that cyber security is the next frontier for the AI Revolution.”Source: Sherwood News.