𝗦𝗲𝗽𝘁𝗲𝗺𝗯𝗲𝗿 𝟮𝟰, 𝟮𝟬𝟮𝟰

⚡️ #OpenAI 's largest competitor #Anthropic has started talking to investors about raising capital at a valuation worth as much as $40 Billion - The Information.

BREAKING: China is cutting its reserve requirement ratio for banks by 50 basis points.

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US Biden DoJ releases letter by Trump gunman Ryan Routh that puts $150,000 BOUNTY on Trump's head.

US Biden proposes banning Chinese vehicles from U.S. roads due to national security concerns over software - CNBC.

India imported an all-time high $10 Billion of Gold in August.

#Anthropic and #Google are competing to tackle #AI hallucinations. Anthropic's Claude 3.5 Sonnet model showed the best results, while Google's #Gemini 1.5 Flash was recognized as the most economical. The study notes that open-source models are catching up to closed-source ones in terms of performance.

I wonder who will come out on top in this race? 🤖

FTX sells remaining Anthropic shares for $450 million, boosting total proceeds to $1.3 billion in efforts to reimburse former customers.

Source: coinpaprika
Image Source: MHE_BE3ET

#ftx #Anthropic #MtGox #Megadrop #FIT21 $FTT

1. Anthropic, an AI company, is in talks for a funding round led by Menlo Ventures.

2. The company previously received investment from Alameda Research.

3. The ongoing funding round aims to raise $750 million for Anthropic.

4. The current valuation of the company stands at $15 billion, excluding the ongoing investment.

5. This valuation marks a significant increase, surpassing three times its value earlier in the year.

6. Negotiations are still ongoing, and the final valuation could potentially reach $18 billion.

7. Menlo Ventures' involvement underscores their interest in leading this substantial investment round.

8. Anthropic's growth trajectory indicates strong investor confidence and market potential.

9. The increased valuation showcases the company's rapid expansion and progress in the AI sector.

10. This anticipated funding round highlights Anthropic's ascent and its attractiveness to investors seeking substantial stakes in the AI landscape.

#AIGiveaway #Anthropic #chatGPT-4