CLAUDE DOWN NEWS
Why Mark Zuckerberg’s wife Priscilla Chan founded a 'whole child' school in 2016 but shut it down after a decade
The Primary School, a tuition-free private institution, has ceased operations after ten years. This closure followed the Chan Zuckerberg Initiative's decision to end its funding beyond 2025. The school faced challenges in consistently meeting academic benchmarks despite extensive support services. Approximately 540 children are now transitioning to local public school districts. The Chan Zuckerberg Initiative pledged significant funds to aid affected families and organizations.
Claude down today: Users report issues as Downdetector shows big spike. Here's latest update
Claude AI users reported widespread service issues on Sunday night, with Downdetector showing a sharp rise in complaints involving Claude Code, Claude Chat and the app. Anthropic acknowledged the disruption and said engineers were working to restore normal service.
ISM outlay faces currency pressure; ETSA 2026 Best on Campus, Comeback Kid nominees
A weak rupee has dragged down the dollar value of the India Semiconductor Mission subsidies. This and more in today’s ETtech Top 5.
Sarvam raises $75 million; Ather trims losses in Q1
AI startup Sarvam will raise $75 million as part of a larger funding round. This and more in today’s ETtech Top 5.
Anthropic includes Fable 5 for top-tier subscriptions after weeks of extensions
Under the new terms, Max and Team Premium subscribers will get Fable 5 built into their plans indefinitely, capped at 50% of their regular usage limits. Pro and Team Standard subscribers will not get the model included in their base plans, but will keep access through usage credits. The company is adding to that with a one-time $100 credit for affected users.
Meta, Anthropic in talks for potential $10 billion compute lease deal
Such a deal would help Meta diversify beyond advertising by generating revenue from its infrastructure and competing with neocloud firms such as CoreWeave and Nebius, as growing adoption of advanced AI tools boosts the need for computing capacity.
- Go To Page 1
Meta, Anthropic in talks for potential $10 billion compute lease deal: NYT
Meta Platforms is reportedly discussing a significant deal to lease computing power to Anthropic. This potential agreement could be valued at as much as ten billion dollars over two years. Such a partnership would help Meta diversify its revenue streams beyond advertising. Anthropic proposed this deal in June, and Meta is currently considering the terms. Both companies retain the option to exit the agreement early if needed.
Meta’s compounding India woes; HCLTech’s mega AI deal
Union minister Ashwini Vaishnaw has asked to summon Meta over child sexual abuse material on Instagram. This and more in today’s ETtech Top 5.
PE-VCs push structural reboot; Cred backers’ Meta gains
Happy Friday! India’s PE-VC lobby is seeking a structural overhaul to woo foreign capital and fund managers. This and more in today’s ETtech Morning Dispatch.
This family sold its business for $1.7 billion and rewarded 540 factory workers with a $240 million gift
A Louisiana-based company, Fibrebond, has made headlines after its sale for $1.7 billion, with former owner Graham Walker gifting a staggering $240 million to 540 employees. This unprecedented payout, a condition of the sale, saw each full-time worker receive an average of $443,000, transforming lives and rewarding decades of dedication. The bonuses are being distributed over five years, with older employees receiving theirs upfront.
Turtlemint investors IPO cash out; Ola Electric eyes Sebi settlement
Peak XV and Nexus Venture Partners are set to rake in manifold returns as insurtech company Turtlemint goes public. This and more in today’s ETtech Top 5.
LSEG slowly sheds 'AI risk' tag with drive to show growth
LSEG shares tumbled nearly 13% in one day in February as worries about the threat posed by large language artificial intelligence models like Anthropic's Claude triggered a sharp selloff in software stocks.
Anthropic wants AI development to slow down globally, warns humans could lose control otherwise
In a long article on its website, titled "When AI builds itself", Anthropic said it would be good to have the option to slow or temporarily pause frontier AI development, citing safety risks and loss of control over the models as they self-improve.
Kuku FM readies public market debut; SoftBank books Lenskart gains
Kuku FM's parent has taken the first step towards a stock market listing. This and more in today's ETtech Top 5.
ChatGPT Down today? Users report queries not working. Check latest update here
ChatGPT Not Working today? ChatGPT faced significant disruptions on Friday with thousands of users in India and globally reporting errors and slow performance. The popular AI chatbot refused to respond to queries, causing frustration for students and professionals. While OpenAI's status page indicated operational status, intermittent issues are common.
Anthropic's Mike Krieger steps down from Figma's board
Anthropic's Chief Product Officer, Mike Krieger, has stepped down from Figma's board. This move coincides with Anthropic's reported entry into web design, potentially competing with Figma's core products. Krieger's departure was confirmed in a filing, stating it was not due to any disagreements with Figma.
Anthropic Claude source code leak explained: Techie reveals how a 4 am update exposed 512,000 lines of code
A routine software update for Anthropic's Claude Code tool accidentally leaked its entire source code, sparking rapid community response. Within hours, a developer rewrote the tool in Python and then Rust, achieving record-breaking GitHub stars, demonstrating the swift power of open-source collaboration.
Anthropic sues to block Pentagon blacklisting over AI use restrictions
The Pentagon on Thursday slapped a formal supply-chain risk designation on Anthropic, limiting use of a technology that a source said was being used for military operations in Iran.
AI complicates old internet privacy risks
Privacy concerns around generative AI are growing after cases involving Anthropic’s Claude, OpenAI’s ChatGPT and Ring. Experts say chatbot conversations stored on company servers may be accessible to employees, courts or authorities. As AI becomes common in daily tools, users are sharing far more personal information than before.
Sensex, Nifty singed at the end of a fiery February
Indian equities closed February on a weaker note as the Sensex and Nifty slipped, led by a sharp drop in IT shares amid concerns about AI-driven disruptions. Foreign institutional buyers returned, but domestic institutional purchases slowed. Geopolitical tensions and rich valuations kept risk sentiment under pressure, with analysts forecasting a continued uneasy tone in the near term.
Investors look for signs of bottom in software rout after Anthropic announcement
Software stocks have been pummeled in recent weeks, driven by fears their business models would be upended by AI tools, including those from Anthropic. Investors were looking anew for signs of a bottom in beleaguered shares of software companies on Tuesday after an announcement that artificial intelligence startup Anthropic was partnering with an array of companies.
IBM stock falls 13.1% after Anthropic posts how Claude Code can be used to modernize COBOL
IBM stock fell sharply after AI company Anthropic shared an update about its Claude Code system. The AI can help companies understand and update very old COBOL computer programs faster. Investors worried this could reduce demand for IBM’s mainframe and consulting work. The news also showed how artificial intelligence is starting to change traditional technology service businesses.
US software stocks hit by Anthropic wake-up call on AI disruption
U.S. software stocks extended their slide on fears of AI disruption, triggered by Anthropic's new legal tool. Analysts warn of further volatility as investors assess the existential challenge to the sector, impacting finance, law, and coding industries. This selloff occurred despite Nvidia's CEO downplaying AI's threat to software companies.
Iran is considering closing Strait of Hormuz after US strikes nuclear sites: Reports
Roughly 20 per cent of global oil and a significant portion of natural gas pass through the Strait. Europe imports oil and liquefied natural gas (LNG) from Gulf states--Saudi Arabia, Qatar, UAE-- much of which travels through the Strait. If Iran blocks it, global oil prices would spike, and Europe could face energy shortages, especially in countries dependent on Middle Eastern fuel, as per EuroNews.
Soccer-Saints' Puel rules out January sales of key defenders
SOCCER-ENGLAND-SOU/PUEL:Soccer-Saints' Puel rules out January sales of key defenders
Saints' Puel rules out January sales of key defenders
SOCCER-ENGLAND-SOU-PUEL:Saints' Puel rules out January sales of key defenders
Soccer-Saints' Puel rules out January sales of key defenders
SOCCER-ENGLAND-SOU/PUEL:Soccer-Saints' Puel rules out January sales of key defenders
Saints' Puel rules out January sales of key defenders
SOCCER-ENGLAND-SOU-PUEL:Saints' Puel rules out January sales of key defenders
Dollar slips in Asia after bad economic news
Dollar slipped against the euro and the yen in Asia as a steady flow of poor US economic data depressed sentiment.
Load More
