Anthropic says Claude writes 80% of its own code and the world needs a plan to hit the brakes
Anthropic says Claude writes 80% of its own code and the world needs a plan to hit the brakes

One of Anthropic’s engineers hasn’t written a line of code in five months. Not because the work dried up, but because Claude does it now. As of May 2026, more than 80% of the code merged into Anthropic’s production codebase was authored by Claude, up f…

Data-centre developer Switch in talks to raise at $50bn-plus valuation
Data-centre developer Switch in talks to raise at $50bn-plus valuation

Switch is trying to raise money at a valuation that would have looked implausible for a data-centre developer a few years ago. The Las Vegas company is in talks to raise billions of dollars at a valuation of at least $50bn, according to The Information…

Trump officials fear a loophole let Chinese firms buy Nvidia Blackwells
Trump officials fear a loophole let Chinese firms buy Nvidia Blackwells

The gap, officials worry, let Chinese companies acquire banned chips through overseas subsidiaries. New guidance is meant to close it, after the chips may already have moved. The export ban worked on paper and leaked in practice. Trump administration o…

US officials have discussed taking government stakes in AI companies
US officials have discussed taking government stakes in AI companies

The idea is unusual enough that it took a moment to register: the United States government, owning a slice of the companies building frontier AI. According to a report by NOTUS, senior US officials have held preliminary discussions with major AI compan…

Meta launches an AI assistant that tells Facebook creators why their content works, not just that it did
Meta launches an AI assistant that tells Facebook creators why their content works, not just that it did

Knowing that a reel performed well has never been the hard part. The hard part is understanding why. Was it the hook, the timing, the format, the audio? Creators have spent years toggling between analytics dashboards trying to reverse-engineer answers …

Databricks CEO calls 2026 “a terrible year to go public” as SpaceX, Anthropic, and OpenAI prepare to absorb $200 billion in IPO capital
Databricks CEO calls 2026 “a terrible year to go public” as SpaceX, Anthropic, and OpenAI prepare to absorb $200 billion in IPO capital

Three companies are preparing to enter public markets this year with a combined valuation that could exceed $3 trillion. SpaceX is set to list as early as 12 June at a $1.77 trillion valuation, selling 555.6 million shares at a fixed price of $135 each…

Ramp hits $44 billion valuation in $750 million raise as it bets that AI token spending is the next corporate expense to tame
Ramp hits $44 billion valuation in $750 million raise as it bets that AI token spending is the next corporate expense to tame

Two years ago, Ramp was a $7.65 billion corporate card company. On Wednesday, it announced a $750 million Series F that values it at $44 billion, a nearly six-fold increase that makes it one of the most valuable private fintech companies in the world. …

UK forces Google to let publishers opt out of AI search results without losing their ranking
UK forces Google to let publishers opt out of AI search results without losing their ranking

For months, publishers have faced a binary choice with Google: let AI Overviews summarise your content at the top of the search page, sending less traffic to your site, or disappear from Google entirely. As of Wednesday, that choice no longer applies i…

Revolut’s co-founder and first employee steps down as CTO ahead of the company’s march toward a $200 billion IPO
Revolut’s co-founder and first employee steps down as CTO ahead of the company’s march toward a $200 billion IPO

Vlad Yatsenko was Revolut’s first employee. He joined before CEO Nik Storonsky had even launched the company. Storonsky later gave him the title of co-founder, not because he had co-founded the business in the conventional sense, but because, as Storon…

Microsoft’s AI chief says the company wants to “eliminate” what it pays Anthropic
Microsoft’s AI chief says the company wants to “eliminate” what it pays Anthropic

Mustafa Suleyman has identified Microsoft’s biggest AI competitor, and it is not OpenAI. “Anthropic is extremely expensive and I think many people are urgently looking for alternatives,” the head of Microsoft’s in-house model effort told Bloomberg in a…