Author: IBL News

  • President Trump Signs an Executive Order Granting Federal Access to AI Models Before They Are Released

    President Trump Signs an Executive Order Granting Federal Access to AI Models Before They Are Released

    IBL News | New York

    President Donald Trump signed a landmark executive order on Tuesday that lays the foundation for federal testing of the most powerful AI systems.

    It asks technology companies to voluntarily give the government oversight of new models up to 30 days before releasing them to the public.

    The order, a shift for an administration that had promoted a hands-off approach to AI, follows months of debate in the Trump administration over how to handle AI and its effects on cybersecurity and national security. It is the Trump administration’s biggest step toward regulating artificial intelligence.

    The order, signed in private, directs federal agencies — including the Pentagon, Treasury, and the Cybersecurity and Infrastructure Security Agency — to shore up the nation’s cybersecurity defenses for critical infrastructure, and charts out a mechanism for the federal government to test and vet the most powerful AI systems for safety issues before they are deployed.

    The testing would rely on voluntary collaboration from America’s leading AI companies, like Anthropic, OpenAI, and Google.

    The order explicitly bars the government from imposing a mandatory licensing or pre-clearance requirement for new AI models, making the government’s move a request rather than a rule.

    The order also directs the Attorney General to prioritize the prosecution of crimes involving AI, with a particular focus on cyber crimes. It also asks prosecutors to focus on individuals using AI agents, or autonomous AI systems, to “unlawfully access data or information that is subsequently used for a criminal or unlawful purpose.”

    Brad Smith, Microsoft’s president; Chris Lehane, OpenAI’s chief global affairs officer; Kent Walker, Google’s president of global affairs, and other executives separately praised the order as “an important step” that would balance A.I. safety and innovation.

    The executive order has been in development for months. In April, AI company Anthropic’s new Mythos Preview model sent shockwaves through Washington with its superhuman ability to find critical and severe vulnerabilities in the world’s most widely used operating systems. In a March Quinnipiac University poll of American adults, 55 percent said they viewed AI as a force for harm rather than good.

    In May, MAGA allies, including Stephen K. Bannon, Amy Kremer, and three dozen pastors, signed a letter urging the president to adopt a mandatory vetting process for AI models. They warned that the systems could harm cybersecurity, and that tech companies could not be trusted “to police themselves.”

     

  • Anthropic Filed for an Initial Public Offering

    Anthropic Filed for an Initial Public Offering

    IBL News | New York

    Anthropic confidentially submitted yesterday a draft registration statement on Form S-1 to the U.S. SEC for a proposed (IPO) initial public offering, which is expected to be among the biggest ever.

    This move gave the AI start-up the option to go public after the SEC completes its review. The timing of the proposed initial public offering will depend on market conditions, but experts predict it could happen as soon as this fall. The company didn’t provide details on the size, number of shares to be offered, or the IPO price.

    With its IPO filing, Anthropic is expected to be among three high-profile companies preparing to go public this year, along with Elon Musk’s SpaceX (expected this month) and OpenAI (preparing to file in the coming weeks).

    Last week, Anthropic officially passed OpenAI as the world’s highest-flying AI start-up with a valuation of $900 billion. OpenAI’s last valuation was $730 billion. (iblnews.org: Anthropic Surpasses OpenAI as the World’s Most Valuable AI Start-Up)

    In a statement, Anthropic said the filing “gives us the option to go public” after a review of its paperwork by the Securities and Exchange Commission (SEC).

  • Anthropic Surpasses OpenAI as the World’s Most Valuable AI Start-Up

    Anthropic Surpasses OpenAI as the World’s Most Valuable AI Start-Up

    IBL News | New York

    Anthropic has surpassed OpenAI as the world’s most valuable AI start-up after raising $65 billion, achieving a valuation of $900 billion, as the two San Francisco-based companies duel for supremacy in this technology. OpenAI, which kicked off the AI boom with the launch of ChatGPT in 2022, announced it had raised $122 villion in a funding round that put its value at $730 billion.

    Both companies are planning to file for an initial public offering this year.

    The new investment in Anthropic, led by Greenoaks Capital, Sequoia Capital, Altimeter Capital, and Dragoneer Investment Group, boosted Anthropic’s value two and a half times its previous valuation of $380 billion, about three months ago.

    Anthropic has now raised more than $130 billion since its establishment. Its roster of investors includes Capital Group, Menlo Ventures, Iconiq Capital, and Lightspeed Venture Partners, as well as tech giants like Amazon and Google.

    On the rise over the past few months, Anthropic is the creator of Claude, a chatbot (with Claude Opus 4.8 as its new flagship model), and Claude Code, code-writing software on which the company has built a robust business.

    Recently, it released an AI security model, Mythos, capable of finding and exploiting hidden flaws in software. It also advised Pope Leo XIV on his encyclical warning about AI’s most disruptive effect.

    By releasing new frontier models in April at higher API prices, Anthropic and OpenAI have found product-market fit by selling massive amounts of tokens across industries, according to an analyst. Coding agents burn a large number of tokens, and by charging $10-$20/month, the two start-ups won’t generate enough revenue to cover $1 trillion in infrastructure costs.

  • New Hummer X Concept SUV and Pickup REVEAL: Swap Parts With Friends

    New Hummer X Concept SUV and Pickup REVEAL: Swap Parts With Friends


    New Hummer X Concept SUV and Pickup REVEAL: Swap Parts With Friends

    Source: Youtube

  • NYPD investigating people going in and out of manholes

    NYPD investigating people going in and out of manholes


    NYPD investigating people going in and out of manholes

    Source: Youtube

  • Trump says the U.S. in fighting Iran has ‘left their military alone’

    Trump says the U.S. in fighting Iran has ‘left their military alone’


    Trump says the U.S. in fighting Iran has 'left their military alone'

    Source: Youtube

  • Meteor above New England created loud boom: NASA

    Meteor above New England created loud boom: NASA


    Meteor above New England created loud boom: NASA

    Source: Youtube

  • Bus driver faces involuntary manslaughter charges

    Bus driver faces involuntary manslaughter charges


    Bus driver faces involuntary manslaughter charges

    Source: Youtube

  • Bus driver charged with manslaughter in crash that killed 5 in Virginia

    Bus driver charged with manslaughter in crash that killed 5 in Virginia


    Bus driver charged with manslaughter in crash that killed 5 in Virginia

    Source: Youtube

  • Fitbit Air Review: The ‘Anti-Smartwatch’ You’ve Been Waiting For | All Things Mobile

    Fitbit Air Review: The ‘Anti-Smartwatch’ You’ve Been Waiting For | All Things Mobile


    Fitbit Air Review: The 'Anti-Smartwatch' You've Been Waiting For | All Things Mobile

    Source: Youtube