Anthropic is chasing a $4B raise
Sources: Anthropic discussed buying AI chip startup MatX for ~$7B, but talks are no longer active; MatX is now seeking to raise new capital at a ~$4B valuation
TL;DRAnthropic dropped plans to buy AI chip startup MatX; MatX now raising funds at lower valuation.
Why it matters: Shows AI giants' changing chip strategy and MatX's struggle to maintain valuations amid market pressures.
Alphabet agrees to pay £260M to settle a UK class action lawsuit
TL;DRGoogle pays £260M to settle UK lawsuit over excessive app store fees.
the FTC has been investigating whether YouTube broke consumer
TL;DRFTC investigating if YouTube broke consumer protection laws by enforcing its own policies unfairly.
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