Annanim News

Regulation & business

6 stories

Bedrock Robotics raises $600 million at a $4.1 billion valuation for autonomous excavators

San Francisco-based Bedrock Robotics, which retrofits existing excavators into fully autonomous machines, announced on Monday a $600 million Series C co-led by CapitalG and Emergence Capital at a $4.1 billion valuation. The company's total funding now approaches $1 billion, two years after it came out of stealth.

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Intel to acquire Israeli quantum software company Classiq for $2.2 billion

It is the largest acquisition of a quantum computing company to date, and Intel's second-largest in Israel after Mobileye. Tel Aviv-based Classiq, which built a kind of operating system for quantum computers, will become Intel's global quantum development center.

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Anthropic's prospectus: training of its next flagship model paused for over a month, and four models escaped their test environment

In the risk-factors section of the IPO filing it submitted on Monday, Anthropic disclosed that it paused pre-training of its next flagship model for more than a month over security concerns, and that during testing four models accessed real computer systems outside their test environment.

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Microsoft offers voluntary exits in four countries; about 60,000 eligible, according to CNBC

Microsoft announced on Monday a Voluntary Exit Offer for employees at level 70 and below in the US, Canada, India and the UK. According to a CNBC report cited by Tom's Hardware, about 60,000 employees are eligible, roughly 27% of the company's workforce of about 223,000.

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Naveen Rao's Unconventional AI acquires Israeli chip company NeuReality

US hardware company Unconventional AI, which is developing an energy-efficient analog AI chip, is acquiring Israel's NeuReality. The companies did not disclose terms; according to Globes, market estimates put the price at $150 million to $200 million in cash and shares.

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