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Meta Shares Rise After Strong Earnings as Company Plans New Stock Issuance for AI Spending

Meta shares rose after the company reported strong earnings, adding to investor confidence in the social media and technology group’s financial performance. Meta also unveiled plans to issue new shares, providing additional capital for its AI spending. The move signals that the company is preparing to maintain substantial investment

Anthropic Previews Claude Duet Personal AI Agent

Anthropic has unveiled a preview of Claude Duet, a personal AI agent designed to compete with apps such as Muse and Dots. The announcement marks Anthropic's entry into a growing field of personal AI agents that aim to assist users through software-driven, agentic interactions. Details about Claude

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Meta Plans New Share Class to Finance AI Investments

Meta is creating a new class of non-voting shares to expand the funding options for its AI strategy. The proceeds are expected to support investments in AI models and services, as well as broader infrastructure, potential acquisitions, and employee compensation. The company introduced the plan alongside its third-quarter

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Flapping Airplanes Raises $1 Billion for AI Models Built with a More Selective Data Strategy

Flapping Airplanes, a one-year-old AI lab, has raised $1 billion in a Series A funding round that values the company at $6 billion. The round comes less than a year after the company raised $180 million in seed funding. Flapping Airplanes describes its mission as building AI models

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Anthropic launches Claude Duet as a research preview

Anthropic has announced Claude Duet, a new AI agent aimed at professionals and small business owners. The product enters research preview as a competitor to Meta's Muse and OpenAI's Dots. Claude Duet is designed to work across a user's connected apps. It prepares a

Report Highlights Rising Lobbying Spending by Major AI Companies

A Project On Government Oversight investigation reports that major artificial intelligence companies have sharply increased their spending on lobbyists. The headline finding points to growing efforts by the AI industry to influence government policy and decision-making. The available report excerpt does not include specific spending totals, company names, lobbying

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Recursive Bets on Recursive Self-Improvement in AI

Recursive is pursuing recursive self-improvement, an approach in which AI systems help build or improve subsequent systems. WIRED reports that the startup's latest model demonstrates notable capability in this effort. The company frames the approach as a net positive, arguing that the benefits of using AI to